3-bedroom flat · GL50 3HS
For saleReduced £10k (−4.8%) on 22 OctListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this large three-bedroom duplex apartment at 341 High Street in Cheltenham.
This outstanding flat boasts of a large living room, a characterful beamed kitchen/dining room and a separate utility room.
This fine home has recently enjoyed a complete cosmetic refurbishment with a brand-new kitchen, a brand-new bathroom and new decor throughout, which, during the works, uncovered some characterful features including some beautifully exposed beams in the kitchen and dining room.
The property is approach via a small passage to the communal entrance hall. This hall has also recently been redecorated and fitted with new carpet.
At the first floor there is the private entrance hall. This imposing hall leads to the living room with dual windows to the high street.
The impressive original staircase leads to the second floor where the kitchen, dining room, utility room and family bathroom are located. A small mezzanine style landing leads to the three bedrooms.
The flat really does have a perfect layout. Like London, Oxford and Bristol, any property set amongst the central parts of the town centre will always prove to be excellent investments.
There's lots to discover on your own doorstep, be it the trendy Frog and Fiddle pub (a few metres away) or the highly rated 'Ginger & Garlic' Korean restaurant directly opposite, there is sure to be something for everyone in this vibrant area of Cheltenham.
The very popular Brewery Quarter is just 0.2 miles away (5-minute walk) with its eclectic range of bars, restaurants, a multi-screen cinema, bowling centre and Gym.
The rest of central Cheltenham is also easily reached by foot so you can enjoy a trip to the theatre, one of the many festivals or just a night out enjoying live music, without needing a taxi home.
Landlords will equally love this property. It’s ready to let immediately at approximately 9%+yield on a house share basis. All viewings are by appointment only.
Living Room (4.50 x 3.33 (14'9" x 10'11")) Kitchen / Dining Area (4.51 x 3.43 (14'9" x 11'3")) Bathroom (1.86 x 2.40 (6'1" x 7'10")) Bedroom One (4.50 x 2.68 (14'9" x 8'9")) Bedroom Two (3.60 x 3.04 (11'9" x 9'11")) Bedroom Three (3.56 x 2.04 (11'8" x 6'8")) Utility Room (1.84 x 1.80 (6'0" x 5'10"))
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 3, 341, High Street, Cheltenham
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