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See how verdicts work2-bedroom flat · GL50 2XR
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering two secure underground parking spaces, this spacious 1,385 sq.ft second-floor apartment in Montpellier has two bedrooms, a contemporary kitchen and a wide East-facing balcony with views towards Cheltenham College and the hills beyond.
Description A spacious second-floor apartment extending to 1,385 sq.ft, with the rare and distinct advantage of two secure underground parking spaces, an impressive drawing room and dining area, a wide East-facing balcony and a luxurious contemporary kitchen fitted by the present owner.
The apartment is approached via a well-maintained communal hall, with stairs and lift providing access to the second floor.
A generous reception hall leads into the principal living accommodation, with the drawing room and adjoining dining area providing a substantial and beautifully proportioned space.
Glazed doors open onto the wide East-facing balcony, which enjoys an attractive outlook across Cheltenham College and towards the hills beyond. The kitchen is a particular highlight.
Fitted by the present owner, it is a luxurious contemporary design with a sophisticated range of fitted cabinetry, integrated appliances and carefully considered finishes.
It is complemented by a separate utility room and cloakroom, making this a particularly practical as well as impressive part of the apartment.
There are two generous double bedroom suites, each with its own bathroom.
The principal bedroom is particularly spacious and incorporates a dedicated dressing area, with the adjoining bathroom completing a well-considered principal suite.
Outside, the apartment benefits from two secure underground parking spaces and access to the mature and manicured communal gardens.
The apartment occupies an enviable position in Montpellier, with the town's renowned shopping, dining and cultural amenities all within easy reach.
Cheltenham College and its playing fields are within sight, while the surrounding Regency streets provide an attractive setting and the open countryside of the Cotswolds is readily accessible.
General Information Mains water, electricity, gas and drainage are connected to the property. Pets & Short-Term/Holiday Lettings are not permitted. EPC rating Current – B (84). Potential – B (85).
Council tax Cheltenham Borough Council Council Tax Band (F) - £3,403.33 (2026/2027). Tenure Leasehold - 999 years from 2001 (974 years remaining).
Service charge & ground rent Service Charge - £5,549.28pa. Ground Rent - £320pa. Viewings Strictly by prior appointment through Charles Lear & Co.
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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FAQ
About 38, Century Court, Cheltenham
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