We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cook Residential is delighted to present this well-presented studio apartment, situated on the second floor of a purpose-built development on Millbrook Street, Cheltenham, and offered with no onward chain.
Representing an excellent investment opportunity with a rental yield of 10.4%, the property is also suitable for first-time buyers, subject to lending criteria.
Neutrally decorated throughout, the accommodation comprises an entrance hall, an open-plan kitchen/living/bedroom and a bathroom.
Communal Entrance: A secure communal entrance leads to a bright stairwell, with large windows providing plenty of natural light, giving access to the second floor.
Entrance Hall: A practical space with carpeted flooring and an airing cupboard, providing useful storage. The hall leads into the main living space and the bathroom.
Kitchen/Living/Bedroom: A light and versatile open-plan space with two windows, one enjoying a leafy outlook over mature trees.
The living and sleeping area is carpeted, while the kitchen area has tiled flooring and is fitted with a range of white gloss wall and base units with complementary worktops and tiled splashbacks.
Appliances include an integrated electric oven, a ceramic hob and a stainless steel chimney extractor hood, alongside a stainless steel sink and drainer.
A breakfast bar with a wooden top separates the kitchen from the living area.
Bathroom: Comprising a panelled bath with an electric shower over, a pedestal wash basin and a low-level WC, with tiled walls and tiled flooring.
Parking: The property benefits from one allocated parking space to the front of the building.
Additional Information: No Onward Chain Excellent Investment Opportunity: 10.4% Rental Yield Suitable For First-Time Buyers, Subject To Lending Criteria Tenure: Leasehold Lease Length: 967 years remaining Service Charge: £1,440 pa Ground Rent: £100 pa Council Tax Band: A Cheltenham Location: Millbrook Street is conveniently positioned within easy reach of Cheltenham town centre, offering an excellent range of shops, restaurants, bars and leisure facilities, as well as the town’s renowned cultural festivals.
Cheltenham Spa railway station is close by, offering direct services to London and other major cities, while the A40 and M5 provide convenient road links.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, they are intended as a general guide only and do not form part of any offer or contract.
All measurements, descriptions and information are provided in good faith and should be independently verified by prospective purchasers.
Fixtures, fittings and appliances have not been tested, and no guarantee can be given as to their condition or working order.
Buyers should seek confirmation of all leasehold details, charges and relevant restrictions through their legal representative.
Digital Staging: Some images of this property have been digitally staged to show how the space could be furnished and used.
The furniture, accessories and décor shown in these images are for illustrative purposes only, are not included in the sale and do not represent the current condition or contents of the property.
Prospective purchasers are advised to view the property in person and refer to the unstaged photographs and floorplan for an accurate representation.
EPC Rating: D Parking - Allocated Parking One allocated parking space to the front of the building.
Disclaimer Important Notice: These particulars are prepared in good faith and do not form part of any contract. All measurements, descriptions, fixtures and fittings are approximate.
Cook Residential accepts no liability for errors or omissions, and prospective purchasers should verify all details independently.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About Flat 8, Millbrook Court Millbrook Street, Cheltenham
Explore nearby