2-bedroom flat · GL50 2SG
Sold STCListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two double bedroom first floor apartment with allocated off road parking and a westerly-facing private balcony found in a tucked away location within a popular residential area and walking distance of the vibrant shops, cafes and restaurants of Bath Road, Montpellier and the town centre beyond.
Offered in excellent decorative order throughout, this light-filled well-proportioned accommodation comprises in brief a spacious entrance hallway, a superb dual aspect living/dining room with direct access to the private balcony enjoying a delightful westerly outlook, a modern kitchen/breakfast room, two double bedrooms both benefiting from built-in wardrobes and an en-suite bathroom to the main bedroom, a family bathroom, a large storage cupboard and utility room.
Further benefits of this wonderful property include double glazing, gas fired central heating, lift access, an allocated parking space with further visitors parking and use of well-maintained communal landscaped gardens.
Council tax band - C. Lease has 960 years remaining with share of the freehold. Ground rent £0.
Service charge is £3,150 per annum including buildings insurance which is reviewed annually, next review December 2026. Apartment is shown in rear elevation photo.
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 The Park, Cheltenham, GL50
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