3-bedroom flat · GL50 3PG
Listing removedListed 111 days
Opportunity summary
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About
A spacious top floor apartment with lift access and 3 bedrooms with lots of original character, in the heart of Cheltenham.
Description One of just two homes remaining and now ready to occupy - a beautiful top floor three bedroom apartment with a spacious modern kitchen fitted with quartz stone worktops and integrated appliances.
The large windows allow for natural light to fill the space making it airy and bright.
The principal bedroom is spacious and light with a period fireplace feature, whilst the generously spacious tiled bathroom has a mirror-fronted cabinet.
Apartment 11 offers two spacious double bedrooms and a third single bedroom.
The property forms part of a stunning restoration by Lifestory Group, John Dower House is one of Cheltenham's most attractive Grade II listed Regency buildings.
The 12 beautifully designed, one, two and three bedroom apartments each have their own character which combined with a high specification have created elegant contemporary living spaces.
The location is superb, John Dower House is located in Cheltenham's central conservation area within a stone's throw of The Promenade with the best shopping, restaurants and amenities Cheltenham has to offer.
Originally build in 1812 as a the Clarence Hotel specifically for spa visitors the property was also used as the police headquarters for the town for many years.
The original features have been carefully retained throughout and the windows and doors beautifully renovated.
Many of the apartments have the lovely high ceilings associated with the Regency style as well as large windows which allow light to flood into the property.
Your guests will be impressed by the stunning entrance hall with high Regency ceilings and a sweeping staircase providing a fabulous entrance to your apartment.
There is a lift to all floors and the advantage of a secure parking space to the rear of the development, which is shared with Latheram House, another Lifestory development.
This small development is the opportunity to live in Regency splendor in the heart of this vibrant town.
Location John Dower House is located adjacent to the Grade II listed Royal Crescent in the heart of this beautiful Regency town.
A short stroll to The Promenade offers superb shopping, restaurants and amenities.
The recently refurbished Cheltenham museum and coffee shop is just around the corner and it is possible to walk to all the best restaurants from the apartments.
Cheltenham is renowned for it's elegant Regency architecture and style and it's festivals which a spaced out throughout the year.
The Cheltenham Literature Festival is one of the highlights as well as the Jazz and Music Festival which attract Internationally renowned authors, singers, bands and celebrities.
The Cheltenham race course also puts Cheltenham on the map, the most famous race being the Gold Cup held every March.
The surround Cotswold Countryside offers so much with fabulous walks with far reaching views on your doorstep as well as events through out Gloucestershire all year around.
Pick up a copy of Cotswold Life magazine to see what's on. Square Footage: 1,279 sq ft Leasehold with approximately 996 years remaining.
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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About John Dower House, Crescent Place, Cheltenham, Gloucestershire, GL50
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