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See how verdicts work2-bedroom flat · GL51 7SY
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Two-Bedroom Second Floor Apartment With Allocated Parking – No Onward Chain Offered to the market with no onward chain , this well-maintained two-bedroom second floor apartment is situated within the popular Banyard Close development, offering generous accommodation, a practical layout and excellent transport connections.
The property would make an ideal first-time purchase, investment or low-maintenance home for those looking to downsize.
The apartment is accessed via a secure communal entrance, leading into a welcoming private hallway with access to all principal rooms.
At the heart of the property is a bright and spacious living/dining room, providing plenty of room for both comfortable everyday living and entertaining.
A large window allows an abundance of natural light into the room, while the attractive feature fireplace creates a pleasant focal point.
The separate fitted kitchen offers a practical range of wall and base units, generous worktop space and integrated cooking appliances, together with additional space for further white goods.
Its separate layout provides excellent practicality while keeping the living and dining space open and flexible.
There are two well-proportioned bedrooms, with the principal bedroom offering excellent space for a range of bedroom furniture and an en suite bathroom with walk in shower.
The second bedroom provides further flexibility and could comfortably serve as a guest bedroom, nursery, dressing room or home office depending on the needs of the next owner.
Completing the accommodation is a modern family bathroom, fitted with a contemporary white three-piece suite including a bath with shower over, wash hand basin and WC.
Further benefits include double glazing, electric heating, one allocated parking space and well-maintained communal areas. The location is another key attraction.
Banyard Close is positioned on the western side of Cheltenham, offering excellent access to gchq, Cheltenham Spa Railway Station, Cheltenham town centre and Junction 11 of the M5 This makes the property particularly well suited to commuters, with straightforward road and rail connections to Gloucester, Tewkesbury, Bristol and the wider Cotswolds.
A wide range of local amenities, supermarkets, cafés and leisure facilities are all within easy reach, while Cheltenham town centre provides an excellent choice of independent shops, restaurants, bars and cultural attractions.
Combining spacious accommodation, allocated parking, a convenient ground floor position and excellent commuter connections, this is an attractive opportunity for first-time buyers, investors or those looking for a manageable home in a popular residential development.
Early viewing is highly recommended to fully appreciate the space, location and potential this apartment has to offer.
Leasehold Information: Annual Service Charge: £879.39 Ground Rent: £80 per annum Remaining Lease: 973 years EPC Rating: C Parking - Allocated Parking
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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About 1f Cassin Drive, Cheltenham
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