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See how verdicts work2-bedroom flat · GL51 3AD
For saleListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming apartment located on St Stephens Road in Tivoli. It is duplex in design and will be found in excellent condition. Master bedroom and second bedroom currently converted in to a home office.
Viewing highly recommended. Gas central heating, parking and will be sold chain free. 48 St Stephen's Road is a notable building in a very pleasant area of Cheltenham.
The building is set back from the road and has grounds to all sides with the added attraction of private parking accessed off Oakfield Street.
On entering the building a neat and well maintained communal hallway provides access up to the first floor. The apartment has a light inner hall with space for coats.
The sitting room overlooks the communal garden. The kitchen is fitted with an array of units and has space for domestic appliances.
The remaining accommodation is via stairs which gives the layout a grand feeling. The main bedroom is generous. The bathroom is neat and well designed and there is a shower over the bath.
Adjacent to the sitting room is a home office with built-in storage and bookshelves. With the use of a sofa bed, this could served as an occasional bedroom if required.
The grounds are very well maintained are for the enjoyment of the residents. In addition to the allocated parking there are also 4 visitor spots available, bin, recycling and washing drying area.
Pets: Subject to agreement it maybe possible to keep a pet in the building. Tenure: Leasehold with share of freehold Lease: 999 years from 1986 Service Charge: £513.63 per quarter £2054.52 p.a.
Ground Rent: £25 (not collected) Managing Agents: CMG Leasehold Management LTD 134 Cheltenham Rd, Gloucester GL2 0LY Service lets: Short term lets are not permitted within the development Upgrades since purchase: A number of the windows have been replaced with hardwood double glazed sash windows.
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 St. Stephens Road, Cheltenham
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