1-bedroom house · GL51 6PN
Under offerListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Richmond Villages Cheltenham sits at the forefront of retirement living, located just ten minutes from the picturesque town centre.
Fostering a sense of community and wellbeing is truly at the heart of what we do.
With a warm and caring team of professionals and a plethora of outstanding on-site facilities, we pride ourselves on delivering an enriched lifestyle for our residents.
Google Review - January 2025 "My mother moved into Richmond Village Cheltenham in August and has settled in very well.
The team are incredibly friendly and effective, there are plenty of activities on offer, and the apartments and communal areas are of a high quality." We are delighted to offer 10 Village Centre for resale, a beautifully presented one-bedroom assisted living apartment set in a highly desirable south-facing position.
This bright and spacious home opens directly onto a large private patio overlooking the landscaped communal gardens and enjoys easy access to the village's exceptional facilities, including reception, restaurant, bar and coffee area, and a variety of terraces spaces.
Living/Dining Room The generous open-plan living and dining room benefits from a sunny south-facing aspect, creating a bright and welcoming space.
A feature fireplace with an attractive surround provides a central focal point.
Patio doors open directly onto the expansive private patio, perfect for relaxing or entertaining while overlooking the communal gardens.
Kitchenette The modern fitted kitchenette features laminate worktops, a stainless steel sink and drainer, and a range of built-in appliances including a microwave and fridge.
Bedroom The bedroom is generously proportioned and flooded with natural light from a striking floor-to-ceiling window that enjoys pleasant views across the gardens.
The room provides ample space for bedroom furniture. En-Suite Wet Room The en-suite wet room is stylish and fully tiled from floor to ceiling.
It features a large level-access shower with a glazed screen, a low-level WC, and a wash basin set within a fully fitted vanity unit. A wall-mounted mirror completes the space.
Entrance Hall A spacious entrance hall provides useful storage. The apartment benefits from double glazing and central heating throughout.
Residents enjoy the beautifully maintained grounds and colourful flower boarders, all cared for by village gardeners, along with the convenience of an allocated off-road parking space for one car.
We welcome pets as part of the family. Community and Wellbeing Aside from the dedicated team of professionals on-hand, what makes our village special is the sense of community we proudly nurture.
With a wide range of daily events and activities, from floristry and choir groups to art classes and yoga, you can take pleasure in both maintaining your existing hobbies or picking up something new.
Location Nestled amidst the picturesque beauty of the Cotswolds, Richmond Villages Cheltenham is a haven of tranquillity and elegance.
Situated in the heart of this idyllic Spa town, Cheltenham is renowned for its regency architecture, lush green spaces, and refined cultural offerings.
The town exudes a timeless charm, with its grand promenades and historic landmarks, showcasing a rich heritage dating back to the 18th century.
Home to the world-famous Cheltenham Racecourse and the stunning Pittville Park, residents will find themselves immersed in a community that seamlessly blends natural splendour with cultural vibrance.
With a wealth of boutique shops, gourmet dining experiences, and a calendar brimming with engaging events, Cheltenham offers a lifestyle that is both refined and vibrant.
Experience the best of town and country living at Richmond Villages Cheltenham, where every day is an invitation to savour the beauty and culture that defines this exquisite locale.
Fees A key benefit to living at Richmond Villages is the level of care, support and services that are available to make life more comfortable and enjoyable.
A Service Charge of £235.07 per week covers the general upkeep of the village facilities, building insurance and maintenance, management and registration of staff, and social wellbeing activities and events.
This is reviewed annually on 1st January. A Transfer Fee of 6% of the sale price applies on resales in year one, 8% in year two, and 10% thereafter.
A separate charge for Ground Rent of £250 is payable annually on resale properties. This is subject to five yearly reviews from the commencement date specified in the lease.
Purchasers of Assisted Living apartments also pay for a Lifestyle Package or a Lifestyle Flex Package.
These cover utility costs and (with differences between the two packages) meals, housekeeping and laundry services. Lifestyle Packages are available from £547 per week based on single occupancy.
This is reviewed annually on 1st April. Please refer to the All You Need to Know booklet or speak to a Village Adviser for further details.
Important Notice: These particulars are intended to give a fair and substantially correct overall description. All dimensions are approximate. The properties are sold unfurnished.
Properties are sold on a 125-year lease and this property has 120 years remaining.
Use as appropriate: CGI imagery is used for guidance and illustrative purposes only and does not represent the specific apartment for sale.
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
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FAQ
About 10 Village Centre, Richmond Villages Cheltenham, Hatherley Lane, Cheltenham, Gloucestershire, GL51
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