1-bedroom flat · GL50 3RR
Sold STCReduced £2k (−2.5%) on 16 SepListed 273 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented top floor studio apartment offers a fantastic opportunity for first time buyers or investors seeking a conveniently located property with no onward chain.
The thoughtfully designed layout maximises the available space, providing a bright and airy living area that combines comfort with practicality.
The open plan studio space features a modern fitted kitchen with ample storage and worktop space, making it ideal for both relaxing and entertaining.
A separate bathroom, includes a contemporary suite and fixtures.
The apartment benefits from double glazing and efficient electric heating, ensuring a comfortable living environment throughout the year.
Residents will appreciate the added convenience of allocated off road parking, a valuable asset in this central location.
Situated within walking distance of the town centre and the train station, the property offers excellent transport links for commuters and easy access to a wide range of shops, cafes, and local amenities.
Supermarkets are located just a short stroll from the front door (perfect for every-day essentials and groceries), while the vibrant town centre provides a variety of dining and leisure options.
The property is set within a well-maintained building with secure entry, providing peace of mind for residents.
With its combination of modern living, practical features, and a highly desirable location, this studio flat is perfectly suited for those looking to take their first step onto the property ladder or for investors seeking a low-maintenance addition to their portfolio.
Offered to the market with no onward chain, this is a rare opportunity to acquire a stylish and conveniently located studio apartment in a sought-after area.
Leasehold Lease: 967 years left Service Charge: £1,440 per annum Ground Rent: £100 per annum Council Tax Band: A EPC Rating: D Parking - Allocated Parking
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
Agent & docs
FAQ
About Flat 8, Millbrook Court Millbrook Street, Cheltenham
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