3-bedroom flat · GL50 4JX
For saleListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation provides a spacious sitting room complete with a dining and family / office area.
The highlight of this space is the large, semi-circular feature window and sliding doors that lead out to the expansive terrace, flooding the room with natural light and providing a seamless connection to the outdoors.
The open-plan kitchen features a bespoke German design with an island and a range of integrated Neff appliances.
This stylish and functional space flows effortlessly into the reception area, making it ideal for both everyday living and entertaining.
The main bedroom offers a contemporary ensuite shower room and direct access to the roof terrace, perfect for enjoying a morning coffee or evening relaxation.
Two additional bedrooms provide ample space for family or guests, and a luxurious family shower room is equipped with a rain shower and sauna, offering a spa-like experience at home.
Throughout the apartment, you will find plenty of built-in shelving and cupboards, ensuring ample storage.
Outside, the terrace offers breathtaking views across Cheltenham, providing a picturesque backdrop for alfresco dining or simply soaking up the serene surroundings.
Share of Freehold Lease: 999 years from 1st July 1987 Freeholder: Cranley Management Co Ltd.
Service Charge: £4,704.00 per annum Management Co: Ash & Co No pets allowed although this is under review Situation Wellington Square is an attractive and highly desirable garden square in Pittville located on the north side of Cheltenham town and close to the delightful Pittville Park & Grade I Listed Pump Room.
The busy pedestrianised town centre high street is just 400 metres away offering a full range of amenities.
Cheltenham is well-known for its excellent schooling and festivals, including the Jazz, Literary and Science Festivals and the world-renowned Cheltenham Horseracing Festival.
The town is well placed for access onto the motorway network via the M5 and A419 to the M4, and there are trains to London and other major cities from Cheltenham Spa station.
Property Ref Number: Ham-64195 Additional Information Share of Freehold Lease: 999 years from 1st July 1987 Freeholder: Cranley Management Co Ltd.
Service Charge: £4,704.00 per annum Management Co: Ash & Co No pets allowed although this is under review
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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About Flat 15 Cranley, Wellington Square, Cheltenham
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