2-bedroom terraced house · GL52 2JN
To rentReduced £100 (−7.7%) on 17 OctListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description **Whilst we endeavour to answer all email enquiries, due to high demand, please call to avoid disappointment** Two Bedroom Terraced House - Union Street, Cheltenham A well-presented two bedroom terraced house, conveniently located on Union Street in Cheltenham, offering spacious accommodation across two floors and a low-maintenance rear garden.
Comprising: The ground floor comprises an entrance into the living room, a separate dining room, modern kitchen, separate utility/laundry room and a downstairs bathroom with shower over the bath.
Upstairs, the property offers two bedrooms. Externally, the property benefits from an easy-to-maintain rear garden, while permit parking is available within the local area.
Key Points: Deposit: £1500.00 Available date: 18th November 2026 Heating: Gas Central Heating Parking: Permit Parking (Subject to availability) White goods: Cooker, Fridge & Dishwasher To arrange a viewing or for more details please call the Tewkesbury office.
Energy efficiency rating: C Council tax: Band B- Cheltenham **all viewings are strictly by appointment only** Utilities & Restrictions Parking facilities- Permit Parking (Subject to availability) Accessibility features- N/A Utility supplies- Mains Rights and restrictions- Yes Listed Property status- N/A Flood risks- N/A The Charles Carter Difference Charles Carter Lettings is an award winning, independent agency established in 2009, we are 100% dedicated to being letting and property management specialists, ensuring your rental property is our number one focus and priority.
We understand you are entrusting us with one of your most valuable assets and expect a professional and effective management service.
All services are personally overseen by Company Director Eddie Carter, who is always available directly when required.
Our company is built on recommendation and repeat business, so high levels of service are at the heart of the company and its values.
We cover the 3 Counties Worcestershire, Herefordshire and Gloucestershire from our central office located in Tewkesbury meaning all your property needs are under one roof.
If you are looking for a specialist independent property management service, then please do not hesitate to contact the office.
We offer bespoke tailored services to our clients, and we would love to hear from you and find out how we can help you.
Marketing- Photographs, drone imagery, virtual tours, and other marketing images are for illustrative purposes only and may have been digitally enhanced, edited, or altered to improve presentation.
Such images should not be relied upon as an exact representation of the property's current condition, appearance, boundaries, or surroundings.
**During viewings visitors need permission before taking photographs or recording video.
Please ask our representative during your visit** Tenant fees schedule New assured periodic tenancies (APTs) signed on or after 1 May 2026 Holding Deposit (per tenancy):One weeks rent.
This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks rent. This covers damages or defaults on the part of the tenant during the tenancy. Security Deposit (per tenancy.
Rent of £50,000 or over per year): Six weeks rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s):Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15.00 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenants Request):£50.00 (inc. VAT) per agreed variation.
To cover the costs associated with taking landlords instructions as well as the preparation and execution of new legal documents. Change of Sharer (Tenants Request):£50.00 (inc.
VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlords instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenants Request):Should the tenant wish to leave their contract early, they shall be liable to the landlords costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy. If you any questions on our fees, please ask a member of staff.
Client money protection: The UK Association of Letting Agents Property Redress Scheme Council Tax Band: B (Cheltenham Borough Council) Deposit: £1,500
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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.
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FAQ
About 37 Union Street, Cheltenham
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