2-bedroom house · GL51 3JR
Listing removedReduced £100 (−6.3%) on 23 JunListed 130 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly built 2 bedroom property which benefits from a large open plan living & Dining room, second reception room, utility, downstairs WC, off road parking & courtyard garden.
Further benefits included Under-floor heating, air source heat pump, bathroom with separate shower and bath. Available unfurnished and long term.
Property description Situated in Up Hatherley, this newly built 2 bedroom property is available to rent long term.
On the ground floor there is an entrance hall, front reception room, large open plan kitchen / living / dining area, a utility and downstairs WC.
The front reception and kitchen dining space has engineered oak flooring over under-floor heating. The utility and cloakroom is tiled over under-floor heating.
The lack of radiators give this property excellent options on wall space.
The modern kitchen has an island with breakfast bar and is equipped with an integrated fridge-freezer, dishwasher, double oven, induction hob and extractor.
The living dining space is very generous and benefits from large French doors to the private courtyard. The utility room has a sink with cupboard under and space / plumbing for a washing machine.
Beyond the utility is the downstairs WC and a door to the rear courtyard Upstairs the property has two good bedrooms and a bathroom with separate shower cubicle.
Both bedrooms have a built in storage cupboard and the whole of this floor is also warmed by under-floor heating via the air-source heat pump.
Outside the property has off road parking for two small cars and a rear gate into the courtyard.
Deposit £1846.15 Council Tax - estimated as C, awaiting confirmation as new property EPC High C Rent £1600pcm
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 88a, Caernarvon Road, Cheltenham
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