1-bedroom flat · GL52 2QB
For saleListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and inviting one bedroom retirement apartment on the ground floor of a distinguished period building on Pittville Circus Road, which does require some modernisation.
Please EMAIL your enquiry via the link on Rightmove, and we will respond as soon as possible.
A charming and well presented one bedroom retirement home set within the beautifully maintained grounds of this elegant Pittville Circus Road residence.
Offering level access, peaceful surroundings, and a private outdoor space, it’s an ideal choice for comfortable and independent later life living.
Some of the Key Features are, a spacious double bedroom: A generous room with built in wardrobes, providing excellent storage and a calm, restful atmosphere.
A bright living area: Opens directly onto a private terrace, perfect for enjoying morning coffee or afternoon sunshine.
A compact fitted kitchen: Thoughtfully designed with an integrated fridge freezer, electric oven, and hob, offering everything needed for easy day to day cooking.
Bathroom: Equipped with a shower over bath, combining convenience with comfort. Beautiful communal grounds: Mature gardens surround the property, creating a serene and leafy setting.
Ground floor access: Ideal for those seeking step free living in a quiet, secure environment. Communal sitting rooms.
Overall, this delightful apartment blends period charm with practical modern living.
With its private terrace, well kept communal gardens, and sought after Pittville location, it offers a peaceful and secure home designed for comfort and ease.
Lease details: 99 years from 1st of August 1987 (60 years remaining) Please enquire for further details about the lease.
Service charge £1479.91 paid twice per year Ground Rent £245.56 paid twice per year Minimum age requirement 60 +
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Homespring House, Pittville Circus Road, Cheltenham, GL52 2QB
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