3-bedroom house · GL52 3LB
Sold STCReduced £15k (−3.9%) on 14 AugListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please Quote: RB1393-Ross Burbidge.
Situated in a convenient and highly sought-after location close to Cheltenham Town Centre, Pittville Park and Cheltenham Racecourse this charming three-bedroom semi-detached home offers character, generous living space and a surprisingly large private rear garden, making it an excellent choice for first-time buyers, young families or investors alike.
The accommodation is arranged over two floors and begins with an entrance hall leading through to an impressive open-plan lounge and dining room.
This superb living space provides plenty of room for both relaxing and entertaining, with large windows allowing an abundance of natural light to flood the room.
To the rear, the kitchen is fitted with a range of units and ample worktop space, providing a practical and functional area for day-to-day living.
On the first floor are two generous double bedrooms alongside a third bedroom which would be ideal as a child's room, nursery, dressing room or home office.
The accommodation is completed by a family bathroom. One of the property's standout features is the rear garden.
Unusually large for a home of this type and location, it offers a combination of lawn and decking, creating the perfect environment for outdoor dining, entertaining guests or enjoying family time during the warmer months.
Further benefits include off-road parking to the front of the property and approximately 789 sq ft of well-balanced accommodation.
Ideally positioned within easy reach of Cheltenham Town Centre, residents can enjoy an excellent selection of shops, restaurants, cafés and leisure facilities, whilst nearby transport links provide straightforward access to Gloucester, the M5 and surrounding areas.
A delightful character home with generous outside space and flexible accommodation. Early viewing is highly recommended.
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
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FAQ
About 61, New Barn Lane, Cheltenham
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