2-bedroom flat · GL50 2LF
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, top floor apartment forming part of this handsome, well maintained, Grade II listed building situated just a short stroll from Montpellier and its fashionable range of shops, bars and cafes.
The well-proportioned accommodation comprises; an impressive communal entrance hall with stairs leading to the top floor landing; own entrance hall with access to the living/dining room, both bedrooms and bathroom.
The living room is dual aspect and leads to the kitchen, which is fitted with a range of wall and base level units with breakfast bar and to include a built-in fridge freezer, dishwasher, electric oven and gas hob.
Both bedrooms are doubles and have built-in wardrobes useful storage and shelves in the second bedroom. The bathroom is fitted with a modern white suite to include a separate shower cubicle.
On the mezzanine landing is a useful store with space and plumbing for a washing machine and tumble dryer. The boiler is also housed here.
Outside the property is an allocated off road parking space and also visitor parking.
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 Lansdown Crescent, Cheltenham, Gloucestershire
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