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See how verdicts work2-bedroom flat · GL52 8NH
For saleReduced £10k (−5.9%) on 21 JunListed 357 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom ground floor retirement apartment St Michaels Court comprises 33 apartments arranged over three floors and is convenient for access to the local shops and amenities.
The apartment is positioned in the back corner of the development, away from the road and car park.
The entrance hall provides access to two storage cupboards and an airing cupboard, both double bedrooms with the main bedroom featuring built-in wardrobes, the bathroom, and the living room.
The kitchen is accessed directly from the living room, which also includes triple aspect windows and a patio door that opens onto the communal garden.
Additional features include a warden call system in all rooms, a Development Manager, a communal lounge and kitchen, a laundry room, and a guest suite, parking for residents and visitors on site and refuse room.
It is a condition of purchase that residents be over the age of 60 years, or in the case of a couple, one over 60 and the other over 55 years.
Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property.
Accommodation Front door to Entrance Hall With Window Light Switch, ceiling light point, storage heater, emergency intercom and intruder alarm.
Airing cupboard with insulated hot water tank, electric meter and storage space. 2 (two) hallway storage cupboards with shelves and coat rail. A door leads to bathroom.
Living Room With Window Ceiling light fittings, storage heater, power points, TV aerial point, telephone point and emergency pull cord. Patio door leads to small paved patio area and communal gardens.
A door leads to the kitchen. Kitchen With Window Tiled and fitted with stainless steel sink unit, wall and floor cupboards with work tops. Under counter refrigerator and under counter freezer.
Electric cooker and oven. Power points, ceiling light and emergency pull cord. Bedroom One With Window Built in wardrobe with hanging rail and shelf over.
Storage heater, light fittings, power points, TV aerial point and emergency pull cord. Bathroom Carpeted and fitted with suite comprising bath with hand grips and emergency push button.
Fitted shower unit with glass partition. WC with low level flush and vanity unit with mirror over. Light, extractor fan, wall mounted electric heater.
Bedroom Two With Window Light point, storage heater, power points and emergency pull cord.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisers 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
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FAQ
About 8, St Michaels Court, Bishops Cleeve
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