2-bedroom house · GL52 3LU
Listing removedReduced £10k (−3.4%) on 21 AugListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the sought-after area of Prestbury, this link-detached bungalow offers well-proportioned living spaces, two bedrooms, a dedicated study, and generous off-road parking for at least three cars.
It presents an excellent opportunity for those seeking a convenient and comfortable home with potential for personalisation in a desirable village setting.
Upon entering, a welcoming entrance hallway leads through to the main reception areas. The living room is a bright and inviting space, offering comfortable dimensions for relaxation and entertaining.
A notable feature is the direct access from the living room to the level rear garden, which includes a pleasant patio area, perfect for outdoor dining and enjoying the sunshine.
The kitchen is designed with practicality in mind, providing ample space for both cooking and dining.
There is room for a dining table, creating a sociable area for everyday meals and gatherings, alongside functional worktop space and storage solutions.
This layout offers scope for a new owner to modernise and create a contemporary kitchen tailored to their tastes. The bungalow comprises two comfortable bedrooms, each offering a peaceful retreat.
Additionally, there is a separate study room, providing a valuable dedicated space for working from home, hobbies, or as an occasional guest room.
The bedrooms and study are served by a well-maintained family bathroom.
Externally, the property benefits significantly from off-road parking for at least three cars, a valuable asset in this popular location.
The private rear garden is predominantly level, featuring a patio area for outdoor seating and a lawn, offering a low-maintenance outdoor space to enjoy.
Prestbury is renowned for its village charm, offering residents access to local amenities, reputable schooling, and attractive green spaces.
Whilst enjoying a village atmosphere, the property also benefits from excellent transport links, providing easy access to Cheltenham town centre and its wider range of facilities and connections.
Freehold Council Tax C EPC - D
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 Rust Cottages,3, New Barn Lane, Cheltenham
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