2-bedroom terraced house · GL50 3RX
Listing removedListed 309 days
Opportunity summary
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About
A charming period mid-terrace home offering well-balanced accommodation arranged over three levels, including a useful cellar and a detached outbuilding.
The property is situated in a convenient location within easy walking distance of Cheltenham Town Centre and benefits from an allocated parking space opposite.
Entrance: The front door opens directly into the sitting room, creating a welcoming first impression.
Sitting Room: A cosy and characterful reception room featuring an exposed brick fireplace with inset, bespoke fitted cabinetry and shelving to either side, and wood-effect flooring.
The room is well lit and offers a comfortable space for relaxing and entertaining.
Kitchen / Dining Room: Positioned to the rear of the property, the kitchen-dining room provides an excellent everyday living space with room for a table and chairs.
Fitted with a range of shaker-style base and wall units with worktops over, tiled splashbacks, and an inset stainless-steel sink with mixer tap.
Integrated appliances include a double oven and induction hob, with space for a freestanding fridge-freezer and other appliances.
There is also a a utility space in the rear porch which also provides access to the rear garden. There is also a door which leads down to the cellar from the kitchen.
Basement / Snug: A particularly useful additional space with exposed beams, power and lighting, currently used as storage but offering potential for a variety of uses subject to requirements.
First Floor Landing: Providing access to both bedrooms and the bathroom.
Bedroom One: A generous double bedroom with a window overlooking the front of the property, offering ample space for freestanding furniture.
Bedroom Two: A second bedroom positioned to the rear of the property overlooks the garden, ideal as a guest room, home office or nursery.
Bathroom Fitted with a white suite comprising a panelled bath with electric shower over, pedestal wash hand basin and low-level WC. Part tiled walls and a window provide natural light and ventilation.
Outbuilding / Shed: Positioned at the end of the garden is a detached outbuilding offering excellent flexibility for storage.
Garden To the rear is an enclosed garden with a paved seating area, lawn and established borders.
Parking: The property benefits from an allocated parking space located opposite the house, providing convenient off-road parking.
Tenure: Freehold Council Tax Band: B Agents Note: Please note that there is no gas at this property.
Location: Old Millbrook Terrace is well positioned within easy walking distance of Cheltenham town centre, offering access to a wide range of shops, cafés, restaurants and leisure facilities.
The property is also conveniently placed for local amenities, green spaces and transport links, making it an ideal choice for first-time buyers, professionals or investors alike.
Important Notice: These particulars are prepared in good faith and do not form part of any contract. All measurements, descriptions, fixtures and fittings are approximate.
Cook Residential accepts no liability for errors or omissions, and prospective purchasers should verify all details independently.
All information relating to tenure and boundaries to be verified by purchaser’s solicitor. All measurements and details provided are for guidance only.
EPC Rating: D Landing (1.16m x 1.80m) Parking - Allocated Parking
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 2 Old Millbrook Terrace, Cheltenham
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