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See how verdicts work2-bedroom flat · GL51 7AN
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a modern apartment building in a highly convenient location close to the railway station and gchq, this well-presented two bedroom, two bathroom apartment offers approximately 690 sq.
Ft. Of spacious and practical accommodation. The property features a generous sitting/dining room, providing an excellent space for both everyday living and entertaining.
The open plan kitchen is fitted with a range of contemporary units complemented by part wood/laminate worktops and a selection of integrated appliances.
The main bedroom is a particularly spacious double room, benefiting from fitted wardrobes and a modern ensuite shower room.
The second bedroom is also a good sized double, ideal for guests, family members, or use as a home office.
A welcoming entrance hall includes two useful fitted storage cupboards, while a stylish family bathroom is fitted with a contemporary suite and shower over the bath.
Further benefits include an allocated parking space and a sought after first floor position within this well maintained development.
An excellent opportunity for first-time buyers, downsizers, investors, or commuters seeking a modern home in a convenient and well connected location.
Additional Information Lease: 125 years from 1 January 2003.
Ground Rent: £150 per annum (£75 every 6 months) Service Charge: £420 per quarter Management Co: Young & Gilling, Cheltenham Some pets may not be allowed or holiday lets Situation Cheltenham is a Regency town renowned for its fine architecture, national hunt racing, quality shopping and excellent schools.
There are good sporting and leisure facilities including several gyms and leisure centres, swimming pools, tennis, squash, hockey and golf clubs.
Access to the motorway network is via Junctions 10 & 11 on the M5. There are train services to London (Paddington) and other major cities from Cheltenham Spa.
Property Ref Number: Ham-66876 Additional Information Lease: 125 years from 1 January 2003.
Ground Rent: £150 per annum (£75 every 6 months) Service Charge: £420 per quarter Management Co: Young & Gilling, Cheltenham Some pets may not be allowed or holiday lets
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 Flat 9 The Ferns, 30 Church Road, Cheltenham
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