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See how verdicts work6-bedroom house · GL50 2SZ
For saleReduced £45k (−4.5%) on 24 OctListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare and exciting opportunity to acquire a handsome mid-19th century residence in the heart of Tivoli, one of Cheltenham’s most sought-after locations.
Currently arranged as four well-proportioned one-bedroom apartments, the property offers immediate income potential, while also presenting a compelling prospect for redevelopment.
Planning permission has been granted to reconfigure the building into an exceptional five-bedroom, three-bathroom family home, thoughtfully designed to blend elegant period character with contemporary living.
The proposed layout provides generous and versatile accommodation, ideal for modern family life, with well-balanced reception space and an emphasis on light and flow throughout.
In addition, the scheme incorporates a self-contained one-bedroom annex, perfectly suited for guest accommodation, multi-generational living, or potential rental income.
The property retains a wealth of attractive period features, including high ceilings and large sash windows, offering an abundance of natural light and a sense of scale synonymous with homes of this era.
Externally, there is scope to create a beautifully landscaped garden, complementing the internal transformation.
Positioned within easy reach of Tivoli’s vibrant cafés, boutique shops, and excellent schools, this is a unique opportunity to create a substantial and elegant home in a prime Cheltenham setting. Nb.
We are awaiting the floorplan for the attached one bedroom annex. The property is offered for sale freehold. Viewing is strictly by appointment only. Cheltenham Borough Council Tax Band - A/B.
Cheltenham Borough Council Planning Application No. 25/01453/ful. Current rental income circa £45,000 per annum.
Services We have been advised that mains electricity, gas, water and sewerage are connected to the property.
This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority.
No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.
General Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.
More information can be made available upon request. Newcombe Residential Limited have made every effort to ensure that measurements and particulars are accurate.
However, prospective purchasers must satisfy themselves by inspection or otherwise as to the accuracy of the information provided.
No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase the property or enter into any contract.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 84, Suffolk Road, CHELTENHAM
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