2-bedroom flat · GL50 4JX
For saleReduced £10k (−3.5%) on 18 JulListed 155 days
Opportunity summary
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About
Situated in the highly desirable Wellington Square, this impressive top floor apartment forms part of a handsome Grade II listed building and enjoys a superb outlook over the surrounding greenery.
Accessed via a characterful communal entrance, the apartment occupies a private top floor position, providing a peaceful and light-filled setting.
Extending to approximately 925 sq ft, the property offers notably generous proportions throughout.
The standout feature is the superb lounge/diner, with attractive original wooden flooring and dual sash windows that flood the space with natural light while framing views across the trees and surrounding architecture.
This is a versatile and inviting space, ideal for both everyday living and entertaining.
The separate kitchen is well-appointed with a range of fitted units, integrated appliances, and ample worktop space, offering a practical and functional layout.
There are two well-proportioned double bedrooms.
The principal bedroom is particularly spacious and benefits from a walk-in wardrobe, while the second bedroom offers flexibility as a guest room, home office, or additional bedroom.
The bathroom is generous in size and fitted with both a bath and separate shower, adding to the practicality of the accommodation.
Throughout the property, period charm is evident, with features including sash windows, high ceilings, and a feature fireplace, all complemented by the natural light afforded by the elevated position.
Externally, the property enjoys a prime position overlooking Wellington Square, a beautiful green space, while Cheltenham town centre is just a short walk away, offering an excellent range of shops, restaurants, bars, and amenities.
Offered to the market with no onward chain, this is an excellent opportunity for a range of buyers, including first-time purchasers, investors, or those seeking a centrally located period home with character and space.
Council Tax: B Remaining years on lease: 144 Service Charge: £2400 per annum Ground Rent; Peppercorn
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
Agent & docs
FAQ
About Percy House,Flat 3, Wellington Square, Cheltenham
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