3-bedroom flat · GL50 3PX
Listing removedListed 227 days
Opportunity summary
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About
An aspirational apartment, beautifully presented throughout to create luxurious living, covering 1033 sq ft, and situated within this fine Venetian Gothic style building, built in 1869 and formerly a women's hall for the Church of England teacher training college.
Shaftesbury Hall is located within gated, well maintained, grounds near the town centre with an allocated parking space.
The welcoming reception hallway has access to a utility room (formerly the cloakroom), and leads to the light and airy living/dining room with an opening to the attractive kitchen, which has a range of contemporary modern units providing ample storage and built-in appliances.
There are 3 double bedrooms all with built-in wardrobes, an en suite shower room to the principle bedroom, and a stylish family bathroom.
Further Information: Lease 125 years from September 1998 with share of freehold. Service Charge £3,750 per year (reviewed annually). Ground Rent £100 per year (reviewed annually).
Freeholder Chelsea Square Management Ltd. Management Company ASH Management. Short Term Lets No. Pets No. Local Authority Cheltenham Borough Council. Tax Band E. Electricity Mains. Water Mains.
Sewerage Mains. Heating Gas Central Heating. Broadband Connected to the property. Purchasers should carry out their own investigations regarding the suitability of these services.
Shaftesbury Hall is situated just a short walk from the town centre, Montpellier, Sandford Park, the hospital, and the Lido.
Cheltenham is a vibrant Regency town, best known for its beautiful architecture, excellent shopping, and horse racing at the world famous Prestbury Park Racecourse.
Cheltenham also plays host to the music, jazz, science, and literature festivals currently held in Imperial Gardens.
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
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FAQ
About St Georges Place, Cheltenham, GL50
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