Betting on a good return at Cheltenham

UK: from €216,177 Just in time for Cheltenham, Albany Homes will be showcasing its Regency Walk development of apartments and…

UK: from €216,177Just in time for Cheltenham, Albany Homes will be showcasing its Regency Walk development of apartments and townhouses in the heart of the racing town in the hope of attracting some Irish investors next week.

Belmont Homes, a division of David Daly's Albany group, has been operating in the UK for the past 10 years.

Its flagship development, Regency Walk, is 10 minutes' walk from the town centre. Busy Cheltenham has a population of 110,000 and apart from the racecourse, plenty of amenities including schools, supermarkets, shops and train station.

Over half of the 246 homes have now been sold, many to investors. Next week over 100 homes will be sold off plans from a marketing suite at the development.

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One-bedroom apartments with 45 sq m (480 sq ft) are priced at €216,177 (£150,000) and two-beds, measuring 59 sq m (630 sq ft), are priced at €234,841 (£162,950).

Three-bedroom townhouses measuring 112 sq m (1,200 sq ft) start at €345,781 (£239,950) and go up to €432,244 (£299,950). Bathrooms are fitted with high-quality sanitary ware.

Fully equipped kitchens, including dishwasher, washing machine, fridge-freezer and oven, come as standard with all apartments and townhouses.

One car-parking space is allocated per unit.

Cheltenham is a spa town in Gloucestershire and is located just 42 miles from Bristol, 86 miles from London and 56 miles from Birmingham.