We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · GL50 3HF
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cash Buyers Only Occupying a prominent position in the centre of Cheltenham, this impressive Grade II Listed apartment offers a rare opportunity to acquire a home bursting with character, charm and individuality.
This well-proportioned apartment also benefits from a communal terrace and beautifully preserved period features throughout; the property seamlessly combines historic elegance with modern-day convenience.
Accessed via a secure entrance, the apartment opens into a spacious central hallway which provides access to all principal rooms.
The standout living room is an exceptional space, benefiting from soaring ceilings, a large sash window and an ornate marble fireplace with cast iron surround, creating a striking focal point and an ideal room for both relaxing and entertaining.
The kitchen is fitted with a range of base and wall-mounted units, integrated oven and gas hob, space for appliances and attractive lino flooring.
The room enjoys excellent ceiling height and natural light, making it both practical and characterful.
The principal bedroom is particularly impressive, featuring generous proportions, fitted storage and a stunning sash window which enhances the sense of space and grandeur.
The second double bedroom is equally well-sized and benefits from its own contemporary en-suite shower room, making it ideal for guests, family members or as a potential rental room.
The main bathroom has been modernised to a high standard and comprises a bath, separate shower enclosure, WC and wash hand basin, finished with stylish contemporary tiling.
A unique feature of the property is the mezzanine room, accessed via a staircase from the living room.
This versatile area offers excellent flexibility and could be utilised as an occasional bedroom, study, hobby room or additional storage space.
Externally, the apartment enjoys the benefit of a private enclosed courtyard garden, providing valuable outside space rarely found with town centre apartments.
Share Of Freehold Remaining years on lease: 981 Service Charge £100pm
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
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FAQ
About 228,Flat 1, High Street, Cheltenham
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