2-bedroom flat · GL52 2AH
For saleListed 69 days
Opportunity summary
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About
Occupying the second floor of an established building on Evesham Road, this well-proportioned two bedroom apartment enjoys a wonderful outlook over Pittville Park and comes with the notable benefit of both a single garage and a separate parking space to the front of the building, an increasingly valuable combination for buyers in this part of Cheltenham.
Stepping inside, an entrance hallway provides a practical and welcoming introduction to the accommodation, with space for coats and shoes and doors leading off to each of the principal rooms.
The living room is a real highlight of this apartment.
It is a generously sized reception room that benefits from high ceilings, lending an immediate sense of scale and light, and is anchored by an attractive feature fireplace that provides a natural focal point as well as plenty of character.
There is ample space here for a full suite of furniture, together with a dining table if required, making the room equally suited to quiet evenings at home or entertaining family and friends.
The elevated second floor position also allows for a pleasant outlook, with views that take in the surrounding area towards Pittville Park.
The kitchen has been fitted in a modern style, with a good range of base and wall units providing plenty of storage, complemented by practical worktop space for everyday food preparation.
Importantly, the room has been designed with enough space to allow for a table and chairs, creating a sociable spot for breakfast or informal dining without needing to rely solely on the living room.
This is a particularly useful feature and one that will appeal to a wide range of buyers, whether a couple, a small family or those looking to downsize without compromising on everyday practicality.
There are two bedrooms within the apartment, both offering comfortable and versatile accommodation.
The principal bedroom is a good size and capable of taking a double bed along with freestanding wardrobes and other furniture, while the second bedroom offers flexibility as a further double, a single, or a home office or dressing room depending on the needs of an incoming owner.
Both rooms benefit from a quiet, settled feel, well away from the bustle of the road, and their elevated position on the second floor helps to keep them bright and peaceful throughout the day.
The internal accommodation is completed by a four piece bathroom suite, a genuine point of difference for an apartment of this style.
Typically comprising a bath, a separate shower enclosure, wash hand basin and WC, this arrangement offers useful flexibility for busy mornings and adds a real sense of everyday comfort that is not always found in comparable properties, and will be especially appreciated by sharers, families or those simply looking for a little added convenience day to day.
Outside, this apartment benefits from the use of attractive communal gardens, providing a pleasant outdoor space to sit and relax or simply enjoy the surroundings, which is a particularly welcome amenity for those living on an upper floor without private outside space of their own.
In terms of parking, the property is well provided for, with a single garage offering secure storage or covered parking, along with an additional parking space to the front of the building.
Together, these represent a significant practical advantage in this part of Cheltenham, where convenient, secure parking is highly prized and not always available with apartments of this kind.
The location itself is a major draw.
Evesham Road sits directly opposite Pittville Park, one of Cheltenham's most celebrated green spaces, known for its ornamental lakes, historic Pump Room, tennis courts, children's play areas and expansive lawns.
This makes the property especially appealing to those who enjoy an active outdoor lifestyle, whether that means a morning run, a weekend stroll, or simply the pleasure of green, open views from home.
Beyond the park, Cheltenham town centre is within easy reach, offering an excellent choice of shops, cafes, bars and restaurants, along with the Promenade, Montpellier and the town's well-known festivals and cultural attractions.
Cheltenham Racecourse and the wider transport network are also conveniently accessible, adding further to the day-to-day appeal of this address.
Share of Freehold Years left on lease: 961 years Service Charge: £1,693.44 per annum Managing Agent: Cambray Council Tax Band: C
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.
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FAQ
About 40,Flat 5, Evesham Road, Cheltenham
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