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See how verdicts work3-bedroom terraced house · GL50 3NY
For saleListed 34 days
Opportunity summary
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About
A Beautifully Presented Three-Bedroom Apartment Within Cheltenham’s Iconic Grade II Listed Clarence Building – No Onward Chain Offered to the market with no onward chain, this beautifully presented three-bedroom ground-floor apartment is situated within the prestigious Clarence Building, one of Cheltenham’s most recognisable Grade II listed landmarks.
Combining impressive period architecture with contemporary living, the property offers spacious open-plan accommodation, three well-proportioned bedrooms and a superb central location, making it an excellent opportunity for buyers seeking a distinctive home in the heart of Cheltenham.
The apartment forms part of an exclusive collection of just 27 properties within this sympathetically restored building, which was formerly home to The Echo newspaper for almost a century.
The conversion successfully retains the building’s architectural character while incorporating modern finishes and practical features suited to contemporary living.
Upon entering the apartment, the accommodation opens into an impressive open-plan kitchen, living and dining room, providing a bright and welcoming space for everyday living and entertaining.
The room is enhanced by striking floor-to-ceiling windows and generous ceiling heights, allowing an abundance of natural light to fill the space while showcasing the building’s period proportions.
The contemporary kitchen offers a stylish and practical setting for cooking, while the generous living and dining areas provide plenty of flexibility for furniture arrangements.
The property offers three well-proportioned bedrooms, comprising two generous doubles and a spacious single bedroom.
The principal bedroom benefits from a built-in wardrobe, providing useful storage while retaining plenty of room for bedroom furniture.
The second double bedroom offers further comfortable accommodation, while the third bedroom provides excellent flexibility as a guest room, nursery or dedicated home office.
A contemporary bathroom serves all three bedrooms, completing the internal accommodation.
The apartment also benefits from a fully tested and certified acoustic soundproofing system, designed to provide additional insulation and privacy between neighbouring properties.
Further features include a secure communal entry system and well-maintained communal areas, contributing to the convenience and appeal of this distinctive development.
The Clarence is one of Cheltenham’s most impressive and recognisable Grade II listed buildings.
Affectionately known as The Newspaper Building, it served as the home of The Echo for almost a century and remains an important part of the town’s architectural heritage.
Its imposing façade, elegant proportions and striking period detailing make it a particularly distinctive landmark within central Cheltenham.
The building has been professionally converted and sympathetically restored to create a limited collection of 27 contemporary apartments, carefully balancing its historic character with modern standards of accommodation.
The extensive restoration has retained many of the building’s original features while incorporating contemporary insulation, acoustic soundproofing and modern finishes throughout Occupying a superb position in the heart of Cheltenham, The Clarence offers an exceptional lifestyle for those looking to enjoy everything the town has to offer within easy walking distance.
Cheltenham’s vibrant town centre provides an excellent selection of independent boutiques, high-street shops, restaurants, cafés and bars, while the popular Brewery Quarter offers further dining, entertainment and leisure facilities.
The Promenade, Montpellier and the fashionable Suffolks area are also within easy reach, offering an attractive mix of Regency architecture, independent businesses and some of Cheltenham’s most popular places to eat and socialise.
For commuters, Cheltenham Spa railway station provides connections to Gloucester, Bristol, Birmingham and London, while the nearby A40 and M5 motorway offer convenient access to the wider region.
The central location makes the apartment particularly appealing to buyers seeking a convenient, low-maintenance home, whether as a main residence or a lock-up-and-leave property.
Tenure: Share of Freehold Lease Length: 985 Years Service Charge: £89.00 Per Month Ground Rent: Nil Council Tax: Band B
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 3 The Clarence Clarence Parade, Cheltenham
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