2-bedroom flat · GL50 1UL
Sold STCListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this iconic Cheltenham terrace overlooking Montpellier Gardens, and just a few hundred yards from the Promenade, this raised ground floor apartment benefits from its own private garden, and is offered for sale with no onward chain.
The accommodation includes a secure communal entrance, reception hall, an open plan living/dining room with a glorious south facing aspect, and a separate kitchen with a range of integrated appliances.
There are 2 double bedrooms and 2 shower rooms, the master with en suite, fitted wardrobes and double doors to the rear garden.
Outside, there is a 2 tiered town garden with gated pedestrian rear access, and a secure undercroft parking space for 1 car.
The property further benefits from gas central heating and a video security entry system. Further Information: Lease 999 years as of 1995 - Share of Freehold. Service Charge Approx. £2820.02 per year.
Freeholder Montpellier Apartments (Cheltenham) Management Company Limited. Pets Permission with written consent from management company. Short Term Lets Not Permitted.
Management Company Cambray Property Management Limited. 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.
Agents Note At the furthermost point of the garden is a pedestrian access for the neighbouring properties.
Situated in the heart of Montpellier, yards from the fashionable bars, restaurants, boutiques, and parks.
Cheltenham is a vibrant Regency town, renowned for its elegant architecture and world class horse racing at Prestbury Park Racecourse.
The town also hosts a celebrated programme of music, jazz, science, and literature festivals throughout the year.
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 Montpellier Spa Road, Montpellier, Cheltenham, GL50
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