2-bedroom flat · GL50 2GA
For saleReduced £20.1k (−3.9%) on 4 SepListed 237 days
Opportunity summary
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About
Stunning two bedroom lower ground apartment situated in a desirable location.
Description This stylish apartment sits within an exclusive development of just ten homes, each benefiting from allocated parking and lift access.
Located along The Park, one of Cheltenham’s most sought after addresses. The apartment offers an excellent blend of comfort and convenience.
Positioned on the lower ground floor at the quiet rear of the building, it enjoys a wonderfully private south facing patio garden, its own parking space, and access to communal storage.
Inside, the property features a generous open plan modern kitchen/dining/sitting room with integrated appliances, a guest WC, and a useful separate utility room.
There are two well appointed bedroom suites, each with built in wardrobes and the luxury of its own ensuite bath or shower room.
Location 79 The Park was constructed by the award winning Linden Homes in 2013 and is superbly positioned.
The Park is a highly sought after residential district to the south of the town centre, surrounded by local eateries and boutique shops in the Suffolk, Montpellier and Tivoli areas.
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 which recently topped the national gcse schools league table.
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.
Undoubtedly for many more, the highlight of the year is the annual racing festival culminating with the Cheltenham Gold Cup, the blue riband event of the national hunt calendar, and an attraction that draws the public to the town year after year.
Square Footage: 878 sq ft Leasehold with approximately 150 years remaining. Additional Info Services: Mains water, electricity, gas and drainage, gas fired central heating
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.
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FAQ
About Flat 3, 79, The Park, Gloucestershire
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