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See how verdicts work3-bedroom semi-detached house · GL53 0PQ
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three-bedroom semi-detached house set in a sought-after location on a no-through road in Leckhampton.
The property offers huge potential, requires modernisation throughout, and is offered to the market chain free.
The property briefly comprises an entrance hall, with the living/dining room to the right, measuring 19'2 x 13'6.
The kitchen is adjacent to the living room with storage under the stairs, and behind the kitchen is a utility room with a downstairs WC.
To the rear of the property is a conservatory, providing additional ground floor accommodation. Upstairs are all three bedrooms and the shower room.
The primary bedroom is at the front of the house with built-in storage, and the second bedroom is positioned to the rear.
The property benefits from its own drive opposite the house, along with solar panels installed to both the front and rear.
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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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 The Close, Cheltenham, Gloucestershire, GL53
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