2-bedroom house · GL51 6PN
For saleListed 41 days
Opportunity summary
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About
Google Review - May 2025 "Richmond Villages Cheltenham is beautifully presented, with fabulous woodland gardens and a roof top terrace with the most wonderful views.
We cannot recommend Richmond Village highly enough." Richmond Villages Cheltenham are pleased to offer this spacious, two-bedroom, ground-floor assisted living apartment, with large patio windows leading to a patio overlooking the woodland gardens.
The apartment offers access to communal facilities including reception, the restaurant, bar & coffee area, library, wellness spa, and numerous terraces.
Features and description Living room The spacious living room is a bright and comfortable space with ample room for furniture.
Patio doors provides direct access to the private south-facing patio, allowing natural light to flood the room.
Kitchenette Adjoining the living room, the kitchenette is conveniently positioned to serve both the living and dining areas.
Designed to be practical, it offers an efficient layout with a range of fitted units and workspaces.
Main Bedroom The generously sized main bedroom provides a peaceful retreat and benefits from direct access to the south-facing patio.
The room also benefits from a separate entrance door into the property.
En-Suite Shower Room Serving the main bedroom, the en-suite shower room is fitted with a modern suite comprising a walk-in shower, wash hand basin and WC.
Second Bedroom The second bedroom is another well-proportioned double room, ideal for visiting family, guests or use as a hobby room or study.
Second En-Suite Shower Room The second bedroom benefits from its own en-suite shower room, complete with shower, wash hand basin and WC.
Entrance Hall The property is accessed via a welcoming entrance hall that creates an inviting first impression.
A useful built-in storage cupboard provides ample space for coats and everyday essentials, and doors lead to the living room and second bedroom.
Outside Private patio overlooking the well stocked flower borders and lawns maintained by the Village Gardeners. Allocated parking space for one car.
Community & Wellbeing Aside from the dedicated team of professionals on-hand, what makes our village special is the sense of community we proudly nurture.
With a wide roster of daily events and activities, from floristry and choir groups to art classes and yoga, you can take pleasure in both maintaining your existing hobbies or picking up something new.
Location Nestled amidst the picturesque beauty of the Cotswolds, Richmond Villages Cheltenham is a haven of tranquility and elegance.
Situated in the heart of this idyllic Spa town, Cheltenham is renowned for its regency architecture, lush green spaces, and refined cultural offerings.
The town exudes a timeless charm, with its grand promenades and historic landmarks, showcasing a rich heritage dating back to the 18th century.
Home to the world-famous Cheltenham Racecourse and the stunning Pittville Park, residents will find themselves immersed in a community that seamlessly blends natural splendour with cultural vibrance.
With a wealth of boutique shops, gourmet dining experiences, and a calendar brimming with engaging events, Cheltenham offers a lifestyle that is both refined and vibrant.
Experience the best of town and country living at Richmond Villages Cheltenham, where every day is an invitation to savour the beauty and culture that defines this exquisite locale.
Fees A key benefit to living at Richmond Villages is the level of care, support and services that are available to make life more comfortable and enjoyable.
A Service Charge of £1,021.45/month covers the general upkeep of the village facilities, building insurance and maintenance, management and registration of staff, and social wellbeing activities and events.
This is reviewed annually on 1st January. A separate charge for Ground Rent of £250.00 is payable annually on resale properties. Future Ground Rent payments will be capped at £250.
Purchasers of Assisted Living apartments also pay for a Lifestyle Package. This covers utility costs, meals, housekeeping and laundry services.
Lifestyle Packages are available from £2,880.89 per month based on single occupancy. This is reviewed annually on 1st April.
A Transfer Fee of 6% of the sale price applies on resales in year one, 8% in year two, and 10% thereafter.
Please refer to the Key Facts and All You Need to Know booklet or speak to a Village Adviser for further details.
Important Notice: These particulars are intended to give a fair and substantially correct overall description. All dimensions are approximate. The properties are sold unfurnished.
Properties are sold on a 120 year lease and this property has 125 years remaining.
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 No. 13 Village Centre, Richmond Villages Cheltenham, Hatherley Lane, Cheltenham, Gloucestershire, GL51 6PN
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