2-bedroom flat · GL51 8DW
For saleReduced £20k (−6.7%) on 20 MayListed 402 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Located within the sought-after Honeybourne Gate development, this retirement apartment combines modern comfort with a welcoming community feel, all within easy reach of Cheltenham town centre.
The apartment offers a bright lounge with space for dining, a fitted kitchen with dishwasher and washing machine, two well-sized bedrooms including a principal bedroom with ensuite and a bathroom designed with practicality in mind.
Large windows ensure plenty of natural light, creating a warm and inviting atmosphere.
This apartment is close to the main lift on the popular Atrium level which offers a vast quantity of communal seating options in a bright, open area.
Ideal for socialising with other residents, or your own visitors.
Honeybourne Gate is purpose-built for retirement living, with a range of communal facilities for residents, including shared lounges, dining area, swimming pool and gym, cinema room, hairdressers, roof top terrace and 24/7 on-site support.
Secure entry provides peace of mind. There is also private access for residents directly into Winston Churchill Gardens.
With two lifts, all on-site facilities, local shops, bus routes and amenities are just a short distance away.
TO BOOK A VIEWING - You can use the brochure link in the full property description in the Rightmove advert 24/7 or call to speak to an expert - whatever you need, we're available.
Reach us from 9am - 6pm between Monday and Friday, and from 9am - 5pm on a Saturday.
Property ownership information Ground rent review period: Every 1 year Service charge review period: Every 1 year Lease end date: 27/09/2140 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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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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
Agent & docs
FAQ
About 2 Gloucester Road, Cheltenham, GL51
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