1-bedroom flat · GL52 8NH
For saleListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom, first floor apartment in this over 55's development within half a mile radius of Bishops Cleeve's amenities. The well presented accommodation offers a lounge with natural dining area.
There is a bright, floor to ceiling window in this room. The lounge leads onto kitchen with fitted oven, fridge and freezer. There is a double bedroom with large mirrored built-in wardrobes.
The living room and bedroom is fitted with a modern, updated convector heater, allowing control of temperature to compliment the electric fire.
Next to the bedroom is the shower room with large walk in shower (no bath). The hallway has a large store cupboard and also an airing cupboard in the shower room.
This is a walk in room and very useful. In addition to the large mirror fronted wardrobe in the bedroom, there is plenty of space. The property is sold with no onward chain.
The communal parking space is generous and the grounds well maintained. There are areas to sit on benches in the grounds and there is an outdoor seating area with table and chairs.
The main entrance door is covered by CCTV and is security protected. Once inside you walk through the communal lounge and kitchen area.
This lovely room feels like a living room of a grand home and is a place for residents to meet informally for a chat by the fire, or formally for the meetings and functions.
The Scheme managers office is here to pop in and see during working hours. There is a laundry room on site, a social place to catch up and meet also. The lift takes you to the apartment.
There is also a guest suite that can be booked with the scheme manager on site The complex is off Cheltenham Road which has bus stops offering links into Cheltenham Centre and into Bishops Cleeve.
Bishops Cleeve offers doctors, pharmacy, dentists, cafe's, two supermarkets a post office and more.
Value & comps
No previous sales on record.
Returns
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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 St Michaels Court,15, Cheltenham Road, Cheltenham
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