2-bedroom flat · GL52 2SG
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunters Cheltenham have the pleasure in welcoming to the rental market this fine two double-bedroom first floor apartment at The Residence, Grosvenor Street.
Having undergone full programme of internal and external renovation in early 2024 this apartment delivers on every level, and boasts quality fixtures and fittings throughout, as well as allocated off-road parking.
Benefitting from contemporary and neutral décor, an abundance of natural light, and duel balcony access, this town central apartment offers premium quality at an affordable price and comes very highly recommended.
*Viewings strictly by appointment only.
Disclaimer: **These property photographs were taken before the current tenancy and whilst the property condition is still similar please note that some of the rooms may present differently** *Photos from May 2024 Two bedrooms | spacious apartment | renovated in 2024 | immaculately presented | available now | cheltenham town centre | allocated parking | modern electric heating | ideal for professionals | EPC rating: E | *photos from 2024 Living Room (3.88 x 3.35 max (12'8" x 10'11" max)) Kitchen (2.76 x 2.72 (9'0" x 8'11")) Bedroom One (4.22 x 2.94 (13'10" x 9'7")) Bedroom Two (4.23 x 2.85 (max) (13'10" x 9'4" (max))) Bathroom (2.55 x 1.32 (8'4" x 4'3"))
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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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
Agent & docs
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FAQ
About The Residence, Flat 2, 56, Grosvenor Street, Cheltenham
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