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See how verdicts work2-bedroom flat · GL50 2LU
For saleReduced £25k (−7.1%) on 24 OctListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in the 1960’s, Queens Court comprises a limited number of purpose built apartments of exceptional size and quality, standing in beautifully maintained gardens and grounds, within a 5 minute walk of Cheltenham Spa railway station and about 1 mile distance to Montpellier and Promenade.
Located on the second floor, Apartment 32 has been lovingly maintained and upgraded by the current owners over their 14 year tenure and affords an impressive triple aspect living/dining room with access to a wide sun balcony, integrated kitchen/breakfast room, utility/cloakroom, 2 generous bedrooms and second bathroom, and single garage.
Standing well back from Queens Road, Queens Court stands in stunning gardens and grounds, which are beautifully maintained and provide a high degree of peace and serenity.
Located within a short distance of the town’s railway station, about a 15 minute drive to J11 of the M5 motorway, and barely a 15 minute walk to Montpellier and Promenade.
Apartment 32, being on the second floor, is approached either by lift or stairs and has been lovingly upgraded and maintained by the present owners including replacing all internal doors, installing a mass of storage wardrobes, replacing kitchen and bathrooms, so creating a beautifully presented apartment.
Entering the apartment via a new front door to a reception hall with large storage cupboard, an outstanding open plan living/dining room, enjoying triple aspect windows and access to a wide sun balcony, fully integrated kitchen/breakfast room, a separate cloak/utility room, 2 generous bedrooms, the second having a large number of built in wardrobes and a family bathroom.
Externally, the apartment owns a single en-bloc garage, and there is also visitor parking.
Cheltenham is a magnificent Regency town, enjoying a plethora of fine period villas and town houses, enhanced by several internationally recognised schools, including Cheltenham Ladies College, Cheltenham College and nearby Dean Close, numerous high quality shops and a wide variety of leisure pursuits.
The town also benefits from a general hospital and several doctors surgeries and an interesting variety of annual festivals including the world renowned literature festival and Cheltenham “Gold Cup” national hunt racing festival.
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 Flat 32, Queens Court, Queens Road, Cheltenham
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