3-bedroom flat · GL50 1QG
Listing removedListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive light and airy first floor apartment in Montpellier area of Cheltenham.
With two of the bedrooms having built in wardrobe space and an en suite bathroom; this apartment is ideal for two professionals.
The third bedroom is a single room but would also work well as office space.
There is an additional family shower room and the open plan living/dining area has floor to ceiling windows allowing plenty of natural light. There is a separate kitchen.
There is one allocated parking space in the underground car park but Some pets may not be allowed. Are allowed. EPC D. Deposit equivalent to 5 weeks rent. Tax band G.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 40C, The Broad Walk, Cheltenham
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