2-bedroom flat · GL50 3RR
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ME And You are pleased to offer For Sale this spacious and bright two double bedroom flat on Millbrook St, within a very well maintained and modern apartment complex.
Private off road parking, white goods, gas central heating, double glazed windows. Please EMAIL your enquiry and we will respond as soon as possible.
This property consists of a spacious hallway with rooms set off. Within the hallway you'll find a fitted wardrobe tucked into an alcove and a very large airing cupboard, ideal for storage.
The living room is a good size providing space for both living and dining with the kitchen set off.
The kitchen is modern and fitted, equipped with a dish washer, washing machine, fridge freezer, hob, oven and extractor.
Both double bedrooms are served by a family bathroom with a shower over bath, and you’ll find the property carpeted throughout.
Access into the building can be either from the front or rear if parking, and there is an entry phone for allowing access to guests. Situation: This property is just a short walk to the town centre.
It is moments from Waitrose and a Tesco Superstore. For rail commuter’s the train station is just a 13 minute walk away and the M5 is easily accessible too.
Leasehold Term: 224 years from 1st of January 1992 expiring on 31 December 2216 (189 years remaining) Service charge £80 per month Ground rent £TBC
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
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FAQ
About Millbrook Street, Cheltenham, GL50 3RR
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