2-bedroom terraced house · GL50 3RQ
Listing removedReduced £75 (−5.5%) on 4 AugListed 120 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented two bedroom home in the sought after location of Millbrook Gardens. This end terrace home is finished to a high standard.
Enter through the front door to an entrance hall with space for shoes, through to the light and airy lounge with neutral decor, front facing UPVC window.
The property can be furnished to suit and currently has modern sofa, dining table and chairs and media storage unit.
The kitchen with rear aspect to the enclosed garden has under counter washer dryer, freestanding tall fridge freezer, integral ceramic hob and electric oven and plenty of wall and base units.
To the first floor there are two double bedrooms with double beds, large chest of drawers, bedside tables and built in cupboards.
There is a modern shower room with walk in shower, low level WC and hand wash basin. The property benefits from gas central heating and one off road parking spaces.
Available end of August Rent £1450 Holding Fee £334.61 Deposit £1673.07 EPC D Council Tax B Situated in Millbrook Gardens you are a stones throw from local amenities including a large Tescos and Waitrose and a short walk to the town centre which boasts a wide range of cafes, bars, restaurants and shops.
The Brewery Quarter has a cinema, bowling and indoor crazy golf. Cheltenham has some great gyms, parks and recreation facilities.
Cheltenham Spa railway station is a short distance from the property giving direct access to London Paddington and Birmingham New Street.
There is a regular bus services and for those of you who need to commute a little further you can access the M5 with ease.
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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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 40, Millbrook Gardens, Gloucestershire
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