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See how verdicts work4-bedroom house · GL52 2SG
For saleListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive collection of high-end apartments located in the very heart of Cheltenham.
Description Centrally located, The Residence is a Regency style townhouse comprising of four self-contained apartments.
Having undergone an impressive conversion/renovation by the current ownership group, the accommodation is split over four floors, with all four apartments attracting a professional class of renters and/or visitors to the town.
Each apartment is fully furnished to a high standard and fully operational on a turnkey short-let basis.
In excellent order, they consist of a light and airy sitting room/area, a fitted kitchen, a double bedroom and a well-appointed shower room.
In addition to a courtyard garden (servicing one apartment) there are four car parking spaces to the rear of the building.
Agent's note: Please speak with Phil Bates in relation to the yearly income and yield/s generated, together with full breakdown of service charge.
Location The Residence is located in the heart of Cheltenham town in a superb setting with excellent access to the town centre, The Bath Road and Montpellier, yet beautifully tucked away on a quiet side street.
Cheltenham is famed as one of the most complete Regency towns in England and historically the original and most fashionable spa.
Less than a hundred miles from London it nestles beautifully between the Cotswold Hills and the Wye Valley, and is home to numerous prestigious schools including Cheltenham College, Cheltenham Ladies College, Dean Close and Pates Grammar.
Now a highly sought after place to live the town is well known for its grand houses set amongst formal avenues and beautiful garden squares.
For those with a taste for the finer things in life, there are Michelin starred restaurants, numerous bars, stylish shops and salons aplenty.
For art and history lovers there is The Wilson, Cheltenham’s newly refurbished museum and art gallery, whilst Cheltenham also has a thriving cultural scene that includes two concert halls and three theatres.
There are the numerous festivals such as The Wychwood Festival, the festivals of literature, science, food and drink and, perhaps the pinnacle for some, the jazz festival, which has historically attracted such known performers as Van Morrison, Jamie Cullum and Jools Holland.
Additional Info Services connected: Mains electricity (heating), mains water, mains drainage. Local Authority: Cheltenham Borough Council.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Residence, 58, Grosvenor Street, Gloucestershire
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