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See how verdicts work3-bedroom flat · GL50 1QG
For saleReduced £25k (−3.7%) on 26 AugListed 121 days
Opportunity summary
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About
Occupying a prominent position overlooking Imperial Square, this light and airy three-bedroom apartment extends to approximately 1,157 sq.ft and forms part of an elegant neo-Regency development constructed in the 1990s.
The property is presented in good condition throughout and offers a modern fitted kitchen with integrated appliances, sitting room with floor to ceiling sash windows, dining room/bedroom 3, two further en-suite bedrooms and a separate cloakroom.
Further benefits include a security entry phone, passenger lift, subterranean parking for one vehicle and use of beautifully manicured communal gardens, the property is also offered with no onward chain.
Description Situated on one of Cheltenham’s most prestigious roads enjoying a prime position overlooking Imperial Gardens, this impressive first floor apartment forms part of an elegant neo-Regency terrace constructed by Berkeley Homes in the early 1990s.
Offered in good order throughout, the property benefits from lift access, use of beautifully manicured communal gardens located at the rear of the terrace, subterranean parking for one vehicle and the property is also offered with no onward chain.
Being situated on the first floor the apartment benefits from particularly attractive views over Imperial Square towards the town’s Promenade and of note the dining room/third bedroom also has a view of the Queens Hotel garden.
Entering the property, there is a wide reception hall off which are a cloakroom, a useful store cupboard, a separate boiler cupboard and a modern fitted kitchen fitted with a selection of integrated appliances and a large part-shuttered sash window, which provides a lovely view of the gardens and floods the room with light.
The sitting room is particularly spacious being 17’ x 14 with high ceilings and the two deep sash windows give the room a welcoming feel.
Further accommodation includes the principal bedroom with en-suite shower room, fitted wardrobes and a south facing Juliet balcony, a guest suite, also with fitted wardrobes and an en-suite bathroom and third bedroom/dining room.
The Broadwalk occupies a prime position within one of the town’s most sought after districts offering convenient access to an excellent selection of bars, cafés and restaurants including Brasserie Blanc, The Ivy, 131 and the popular Montpellier Wine Bar.
The Promenade and High Street are also within easy reach offering an eclectic variety of independent boutiques and well known national retailers.
Renowned schools including Cheltenham Ladies College and Cheltenham College, are both within walking distance.
The property is also conveniently placed for commuters with access to the A40 to the Cotswolds, Oxford & London, the M5 motorway J11 and Cheltenham Spa railway station are all within a 15 minute drive providing excellent road and rail connections to major destinations.
Situation Imperial Square remains one of Cheltenham's most recognised addresses and is ideally positioned for the amenities of Montpellier and the Promenade.
A wide range of independent schools, boutiques, cafés, restaurants, and cultural attractions are all within comfortable walking distance, whilst the communal gardens provide a peaceful backdrop to the building.
The allocated underground parking space represents a valuable practical benefit in such a central location. General Information Mains water, gas and electric are connected to the property.
The property is Leasehold with a share of the Freehold, lease term 999 years with 968 years remaining.
Service charge: £3444.54 Managing Agents: Ash Cheltenham Council Tax: Cheltenham B.C Band (G) - £3,926.91 p.a. 2026/2027.
EPC Rating: Present: B - 82 Potential: B – 82 Viewings: Strictly by prior appointment via 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.
Area
Agent & docs
FAQ
About 46c, The Broadwalk, Imperial Square, Cheltenham
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