4-bedroom house · GL53 9QW
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented unique detached home situated on this pleasant small development on the outskirts of south Cheltenham.
Situated in a delightful countryside setting, adjoining the newly-designated Cheltenham Escarpment National Nature Reserve, with access to the Cotswold Way providing a real feeling of a rural escape yet close to popular commuter routes and easy access in to Cheltenham.
Offering well-proportioned and versatile accommodation, comprising in brief: Entrance hallway, through to the main, open plan living space, with a feature log burning stove inset to the chimney breast.
Kitchen fitted with an ample range of wall and base units, worktops and integrated appliances to include oven, microwave, fridge/freezer and dishwasher.
Off the dining area, is a conservatory (would benefit from updating), with a door leading to the garden. Two double bedrooms and a shower room, complete the ground floor.
Upstairs are two further double bedrooms, both with built-in storage. Additional storage on the landing, and a modern family bathroom.
The garden, which affords a great deal of privacy, wraps around the entire property giving that real sense of seclusion.
The main garden extends to the rear, lawned with mature shrubs and large hedges.
Steps lead down to a rather interesting, attached, outbuilding, in need of total repair but offering potential for additional external accommodation/possible garage.
To the front is a large driveway providing off-road parking for several vehicles. £720 per annum - Service charge for upkeep of roads, sewerage and communal areas. The Salterley Management Company.
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.
Area
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FAQ
About 3 Salterley Grange,, Leckhampton Hill, Gloucestershire
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