3-bedroom flat · GL50 3NY
Listing removedReduced £10k (−4%) on 26 AugListed 113 days
Opportunity summary
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About
Chain free – share of freehold – residents’ gym – lift access – prime central cheltenham location Occupying a second-floor position within the landmark Clarence development, this spacious three-bedroom loft-style apartment offers a rare opportunity to own a unique piece of Cheltenham's history while enjoying all the benefits of contemporary town-centre living.
The Clarence is one of Cheltenham's most distinctive Grade II listed buildings.
Formerly known as "The Newspaper Building", it served as the home of The Echo for almost a century and remains an iconic part of the town's architectural heritage.
With its striking façade, elegant Regency proportions and prominent central location, the building has been sympathetically restored and professionally converted into just 27 individual apartments, combining period character with modern convenience.
The apartment itself provides generous and versatile accommodation throughout.
Upon entering, a welcoming entrance hall leads through to an impressive open-plan living space, creating a wonderful focal point for the home.
The reception room offers ample space for both sitting and dining areas, making it equally suited to everyday living and entertaining.
The loft-inspired design creates a sense of character and individuality, while large windows allow natural light to flow throughout the accommodation.
The kitchen is fitted with a range of base units providing excellent storage and preparation space, complemented by integrated white goods and a practical layout that seamlessly connects with the main living area.
A hallway leads to three well-proportioned bedrooms, each offering comfortable accommodation and benefiting from the apartment's distinctive loft-style aesthetic.
The flexibility of the layout makes the property ideal for owner-occupiers, professionals working from home, investors, or those seeking centrally located guest accommodation.
The bathroom is fitted with a hand wash basin, WC, panelled bath with shower over, and a separate shower enclosure, providing both practicality and convenience.
Residents of The Clarence enjoy a number of additional benefits, including lift access to all floors and exclusive use of a private residents' gymnasium.
The building also benefits from a fully certified acoustic soundproofing system, a feature rarely found in period conversions, helping to create a peaceful and comfortable living environment.
Positioned in the heart of Cheltenham, the property is just a short walk from the town's excellent range of shops, restaurants, cafés, bars and cultural attractions, making it an ideal base from which to enjoy everything the town has to offer.
Converted and restored to an exceptionally high standard by one of Gloucestershire's most respected construction companies, The Clarence successfully retains its historic character while meeting modern standards for insulation, energy efficiency and low-maintenance living.
Whether as a principal residence, town-centre pied-à-terre or investment purchase, this apartment represents a unique opportunity to acquire a home within one of Cheltenham's most recognisable landmark buildings.
Tenure: Share of Freehold Lease Length: 999 Years Service Charge: £59.33 per month Ground Rent: None Council Tax Band: A EPC Rating: D
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About Apt 24, The Clarence Clarence Parade, Cheltenham
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