6-bedroom detached house · GL52 2NX
For saleListed 414 days
Opportunity summary
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About
Six luxurious, high specification, serviced apartments within a charming Grade II listed building.
Description Located moments from the town centre, 43 Portland Street is a superb collection of six, self-serving apartments finished to an exacting standard.
In all, five one-bedroom apartments and one studio apartment.
The accommodation is principally set over three floors, with each apartment affording a high-specification, fitted kitchen, a well-appointed bathroom / shower room and a generous size bedroom / bedroom area.
All are used in a professional capacity and are meticulously kept.
In addition to five allocated car park spaces to the immediate rear, apartment five and six have an outside patio area, which in turn leads to the parking area.
Agent Note: Please contact the office for details of the rental yearly income and associated information.
Location Cheltenham is famed as one of the most complete Regency towns in England and historically the original and most fashionable spa.
Less than a hundred miles from London it nestles beautifully between the Cotswold Hills and the Wye Valley, and is home to numerous prestigious schools including Cheltenham College, Cheltenham Ladies College, Dean Close and Pates Grammar.
Now a highly sought after place to live the town is well known for its grand houses set amongst formal avenues and beautiful garden squares.
For those with a taste for the finer things in life, there are Michelin starred restaurants, numerous bars, stylish shops and salons aplenty.
For art and history lovers there is The Wilson, Cheltenham’s newly refurbished museum and art gallery, whilst Cheltenham also has a thriving cultural scene that includes two concert halls and three theatres.
There are the numerous festivals such as The Wychwood Festival, the festivals of literature, science, food and drink and, perhaps the pinnacle for some, the jazz festival, which has historically attracted such known performers as Van Morrison, Jamie Cullum and Jools Holland.
Undoubtedly for many more, the highlight of the year is the annual racing festival culminating with the Cheltenham Gold Cup, the blue riband event of the national hunt calendar, and an attraction that draws the public to the town year after year.
Additional Info Services connected: Mains gas fired central heating, mains water, mains electricity, mains drainage. Local Authority: Cheltenham Borough District Council.
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
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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 43, Portland Street, Gloucestershire
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