2-bedroom flat · GL51 6QQ
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Richardson Court, a purpose-built block of luxury two-bedroom flats located in Lansdown, just off Cheltenham's avantgarde Montpellier district famous for its proliferation of cafe's, bars and boutique shops.
This impressive first floor apartment; built by the nationally acclaimed Cala Homes, offers immaculate presented accommodation and has been very well cared for by its present owners.
The well-appointed kitchen sits open plan to the sitting room presenting as 25'+ of living space, fabulous for entertaining friends and family.
The sleek modern kitchen also benefits from the apartment having a separate utility room housing the laundry and associated machines out of eyesight.
The main bedroom has been well designed with a dressing area with two double built-in wardrobes and a door leading to a very pleasant balcony, a perfect place to sit and have breakfast.
A further door opens to the dedicated en-suite bathroom with large shower cubicle, sink and bathroom. Bedroom two benefits from a box bay window and exclusive use of the main bathroom.
The communal areas of the building are immaculate and beautifully maintained with a modern glass and chrome theme. The main foyer offers either stairs or lift access to the apartment.
Outside, the apartment has its own dedicated parking space with visitor parking spaces available. Richardson Court is one of three high-end blocks of luxury apartments built in 2019.
The location benefits from easy pedestrian access to the towns rail station and the Montpellier region, host to the famous Cheltenham festivals including the Jazz, Food, Literature, Music and Science festivals.
The apartment location also benefits from a simple straight-line access to the M5 Motorway making this a perfect spot for anyone who commutes for a living.
This property comes highly recommended All viewings are by appointment only.
Kitchen / Living Room (7.85 x 3.59 (25'9" x 11'9")) Utility Room (1.97 x 1.49 (6'5" x 4'10")) Bedroom One (4.33 x 2.59 (14'2" x 8'5")) En-Suite (2.56 x 1.18 (8'4" x 3'10")) Balcony (3.29 x 1.06 (10'9" x 3'5")) Bedroom Two (4.33 x 2.59 (14'2" x 8'5")) Main Bathroom (2.39 x 1.74 (7'10" x 5'8")) Off Road Parking Space
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.
Area
Agent & docs
FAQ
About Richardson Court, Flat 5, 59, Lansdown Road, Cheltenham
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