2-bedroom bungalow · GL51 3QL
Listing removedListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Requiring updating, and dating back to the 1970s, this charming detached two-bedroom bungalow is nestled in a tranquil setting overlooking the picturesque Fernleigh ornamental green.
Requiring some updating, the property is offered with no onward chain and benefits from a delightful rear garden, an extended garage, and off-road parking to the rear.
Located in the highly desirable Hatherley area, this spacious bungalow is within easy reach of a wealth of local amenities, including highly regarded schools such as Lakeside Primary, Warden Hill Primary, and Bournside Secondary.
The accommodation is generously proportioned and includes a kitchen, a reception/family room, two bedrooms, a glazed conservatory, a family bathroom, and an en-suite shower room.
Externally, the rear garden is designed for low maintenance, featuring gated access to the off-road parking area and an extended garage with an electric door.
Conveniently located, the property is close to a variety of amenities, including schools, a library, medical and community centres, and three large supermarkets.
Public transport options, including scheduled bus services to the town centre, are also readily available.
Junctions 11 and 11a of the M5 motorway are easily accessible, making commuting straightforward.
Cheltenham, the centre of the Cotswolds, offers a blend of beautiful Regency architecture and a thriving town centre.
It’s a great place to shop, with a mix of high street stores, specialist boutiques, cafés, and restaurants.
The town is home to prestigious schools such as The Cheltenham Ladies’ College, Cheltenham College, and Pates Grammar School, and is renowned for its sports facilities, including swimming pools, golf courses, and tennis, squash, hockey, and croquet clubs.
The town is also famous for its annual festivals celebrating music, literature, and jazz, as well as the world-renowned Cheltenham Gold Cup.
With excellent transport links, including swift access to the M5 and regular train services to London Paddington in just over two hours, Cheltenham is well-connected for both work and leisure
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
Agent & docs
FAQ
About Fernleigh Crescent, Up Hatherley, Cheltenham, GL51 3QL
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