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See how verdicts work2-bedroom house · GL51 3GB
No longer listedReduced £15k (−4.6%) on 18 AugListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the attractive and highly regarded Pegasus Court over-60s retirement development, this two-bedroom townhouse offers an appealing alternative to apartment living, with accommodation arranged over two floors, its own private garden and garage.
The property opens into an entrance hall with a separate kitchen and useful ground-floor cloakroom.
To the rear is a generous lounge/dining room, providing plenty of space for both sitting and dining areas, with glazed doors opening directly onto the private garden.
Upstairs are two bedrooms, both benefiting from built-in storage. The principal bedroom is particularly generous, while the second provides flexibility as a guest room, study or hobby room.
A separate shower room completes the first floor. Pegasus Court is set within beautifully maintained landscaped grounds, with its distinctive design creating an attractive and peaceful environment.
Residents also benefit from three communal rooms, including lounge and hobby/social spaces, offering the opportunity to socialise and enjoy activities while retaining the independence of their own home.
The property has the additional advantage of its own garage, while the development benefits from reasonable maintenance charges compared with many retirement developments.
Despite its quiet setting, Pegasus Court is exceptionally convenient. A bus stop is located close to the entrance, while both Cheltenham town centre and Bath Road are within easy reach.
Bath Road offers an excellent range of independent shops, cafés, restaurants, pubs and everyday amenities.
Cheltenham itself is renowned for its Regency architecture, parks, restaurants, theatres and festivals, alongside a good selection of well-regarded schools.
Cheltenham Spa railway station and the M5 provide excellent commuter links to Birmingham, Bristol, London and further afield.
For those looking to downsize while retaining the feeling and independence of a house, 35 Pegasus Court combines two-bedroom accommodation, a private garden and garage with excellent communal facilities in a quiet and sought-after Cheltenham location.
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
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FAQ
About 35 Pegasus Court,, St. Stephens Road, Cheltenham
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