2-bedroom house · GL51 0QE
Listing removedListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the outskirts of Cheltenham is this two bedroom mid terrace home that backs onto fields and has use of the communal parking area for the residents.
The property is offered for sale with no onward chain and is situated within reach of the M5 as well as local amenities such as shops supermarkets, a public house and a gym.
The property would make for a great first time purchase or a buy to let investment with a likely rental price in the region of £1,100 pcm.
You enter the home to a hallway which has a door through to the living room and an opening into a 7'10 x 8' kitchen.
This has fitted storage units and worksurfaces as well as an integrated fridge/freezer, a built-in electric oven and hob as well as space for a washing machine.
The living room has stairs to the first floor, measures 16'8 x 11'11 and has door that leads out to the garden.
On the first floor there is a bathroom, which has an over-bath shower, and the two bedrooms. The main bedroom measures 12' (min) x 11'11 (max) and has fitted wardrobes and storage.
The second bedroom measures 10'6 x 6'9. The property has double glazing and is warmed by gas central heating.
There is a stone chipped frontage whilst to the rear, is an enclosed garden with rear access (not vehicular).
At the end of the terrace there is a parking area for the residents with multiple spaces that are available on a first come first served basis
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 14, Somergate Road, Cheltenham
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