1-bedroom flat · GL50 3RR
To rentListed 8 days
Opportunity summary
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About
**Available With A No Deposit Option** Located in central Cheltenham is this one bedroom upper floor flat with allocated parking and is available for an immediate move in.
Cheltenham is a spa town and borough on the edge of the Cotswolds in Gloucestershire.
It became known as a health and holiday spa town resort following the discovery of mineral springs in 1716 and claims to be the most complete Regency town in Britain, still having remnants of its past with the Pittville Pump Rooms.
The town hosts several cultural festivals, often featuring national and international contributors and attendees, as well as being home to the Cheltenham Racing Festival.
This property benefits from privacy, location and security. Accommodation comprises of entrance hall with access to the double bedroom and bathroom with shower over bath.
The living area is open plan with the kitchen, and a feature to this is new flooring (Oct 2026) has just been laid, offering a fresh canvas.
Further benefits include being located within 0.2miles of the Waitrose superstore and allocated parking for one car.
This property offers a great opportunity for a couple or a Single occupant preferred to make a home.
Property is Available for an Immediate Move In Council Tax Band: A Asking Rent: £875.00pcm Parking: One allocated parking space Flood Risk – Rivers and Seas: Very Low Risk for Flooding Flood Risk – Surface Water: Very Low Risk for Flooding Broadband Speed – Basic (ad-sl): 6mb Broadband Speed – Superfast (fttc): 31mb Broadband Speed – Ultrafast (FTTP): 5500mb Broadband Speed – Overall (Maximum): 5500mb Mobile Coverage – EE: 4 Bars Mobile Coverage – O2: 4 Bars Mobile Coverage – Three: 4 Bars Mobile Coverage – Vodafone: 4 Bars Cladding and/or Building Safety Issues: Currently undergoing replacement of existing cladding and insulation system with a like for like external appearance.
Local Planning Applications: Between 08-02-2018 and 11-06-2022 there has been 8 land planning applications in the area, with 7 approved and 1 being withdrawn Head Lease Restrictions: Some pets may not be allowed
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Millbrook Street, Cheltenham
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