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See how verdicts work2-bedroom house · GL53 7JQ
For saleReduced £10k (−2.7%) on 15 OctListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom Victorian townhouse, set back from the pavement and ideally situated in a popular and convenient residential location within walking distance to Cheltenham Lido.
The property combines attractive period character with well-maintained and thoughtfully presented accommodation.
The ground floor provides a welcoming open plan sitting/dining room, a well-appointed kitchen and access to the attractive south-facing courtyard garden.
Upstairs are two well-proportioned bedrooms and a family bathroom, with the principal bedroom benefiting from a range of built-in wardrobes.
To the rear, a private south-facing courtyard provides a particularly pleasant outdoor space, enjoying a good degree of sunshine and offering an ideal setting for relaxing or entertaining.
Further benefits include gas central heating, double glazing & permit parking within zone 1.
Freehold St Luke’s is a highly regarded residential area of Cheltenham, conveniently positioned within easy reach of the town centre and the popular Bath Road shopping parade.
The area offers an excellent range of independent shops, cafés, restaurants, Cheltenham Lido and everyday amenities, while Cheltenham’s wider town centre, Montpellier and Promenade are also readily accessible.
There are good local schooling options nearby, together with attractive parks and open spaces, making the area particularly appealing to those seeking a well-connected yet established residential setting.
The location also provides convenient access to Cheltenham Spa railway station and the surrounding road network, making St Luke’s an excellent base for both town and commuter living.
Cheltenham is a superb place for shopping with an abundance of main high street shops, specialist boutiques, cafes and restaurants.
Education is very well catered and there are excellent sporting facilities in and around the town.
Communications are excellent with easy access to the M5 and there are regular train services to London Paddington in just over 2 hours.
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
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FAQ
About 5, St Lukes Road, Cheltenham
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