2-bedroom flat · GL52 3AS
For saleReduced £5k (−2.2%) on 2 SepListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Prestbury Village, this converted, spacious two bedroom flat has its own front door and is well presented throughout.
Benefits include a modern kitchen open to a large 20ft x 11'5'' living room, 2 allocated off road parking spaces.
This spacious 2 bedroom flat forms part of The Old Mansion House, just off the High Street in the heart of Prestbury Village. Your 2 allocated parking spaces are adjacent to the entrance of the flat.
The entrance door is exclusive to this ground floor property. Once inside, there are 2 large inner lobbies.
The first is perfect for shoes, coats and umbrellas and the second which steps down slightly is perfect for a study area with power and phone points and a large store cupboard.
The kitchen and living areas are adjacent and semi-open plan. The kitchen features an integrated fridge-freezer, dishwasher and washing machine.
There is an electric oven, gas hob and extraction hood as well as ample storage and work surface area. Within the kitchen area, a small table and chairs could be added.
The living room is a generous 20ft x 11'5''. There are 2 double bedrooms and the bathroom is spacious and has a bath, fixed shower screen with a thermostatic mixer shower over.
Extraction and a towel rail radiator complete the package.
Above the bathroom is a boarded loft storage area with window, which is ideal for storage and means this property offers far more than one would expect from a apartment.
The energy performance C rating is helped by a condensing combination boiler and double glazed windows.
Council Tax Band C Leasehold: 125 years commencing on 29 September 2002 Maintenance Charge: £135.20 a month Ground Rent: £0 Share of Freehold.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
FAQ
About B, Old Mansion House, Prestbury, Cheltenham
Explore nearby