1-bedroom house · GL50 3ER
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A particularly well-positioned one-bedroom retirement apartment with its own private balcony, situated on the second floor of the highly regarded Jenner Court development.
Designed specifically for independent retirement living with additional support available when required, this is an excellent opportunity for anyone looking to enjoy a comfortable, secure and sociable lifestyle within easy reach of central Cheltenham.
The apartment itself is well presented and offers a generous layout.
The entrance hall provides useful storage and leads through to an impressive lounge/dining room, with plenty of space for both comfortable seating and a dining table.
Glazed doors open directly onto the private balcony, creating a pleasant outdoor space from which to sit and watch the world go by.
The separate fitted kitchen is well equipped with a range of storage, work surfaces and integrated appliances including an oven, hob, fridge and freezer.
The double bedroom is particularly spacious and benefits from excellent fitted wardrobe storage, while the wet room has been designed with accessibility in mind and incorporates a level-access shower, WC, wash basin and further storage.
Jenner Court forms part of McCarthy Stone's Retirement Living Plus range and provides considerably more than simply an apartment.
Residents have access to an attractive and spacious communal lounge, providing a welcoming place to meet neighbours, friends and family, together with an on-site waitress-service restaurant serving freshly prepared meals.
For additional reassurance, the development has staff on site 24 hours a day, a cqc-registered care team and a 24-hour emergency call system.
An Estate Manager oversees the day-to-day running of the development, while one hour of domestic assistance each week is included within the service charge.
Additional domestic help and personal care packages can also be arranged according to individual requirements.
There is also a guest suite, available to book for visiting friends and family subject to availability and an additional charge, along with landscaped communal grounds and secure entry arrangements.
The location is another major advantage.
Jenner Court sits on St George's Road, close to the heart of Cheltenham, making it particularly convenient for those who want to remain independent and have everyday amenities within easy reach.
Waitrose is nearby, while Cheltenham town centre offers an extensive choice of shops, cafés, restaurants and leisure facilities.
The Promenade and Montpellier are also readily accessible, together with the town's renowned programme of Literature, Jazz, Science and Music Festivals.
Regular bus services are available close to the development, providing connections around Cheltenham and the wider area, while Cheltenham Spa railway station is also within easy reach for journeys further afield.
Overall, this is an appealing retirement apartment combining a private balcony, generous accommodation and an excellent central location with the reassurance and facilities offered by Retirement Living Plus.
Viewing is recommended to appreciate both the apartment and the lifestyle Jenner Court has to offer. Tenure & Charges The property is held on a 125-year lease from 1 June 2013.
The current service charge provided is £9,690.21 per annum for the financial year ending 31 March 2027.
This includes a wide range of services associated with the development, including 24-hour staffing and emergency call facilities, the Estate Manager, one hour of domestic assistance per week, water rates, maintenance and heating of communal areas, buildings insurance, upkeep of the gardens and grounds, and contributions towards communal repairs and redecoration.
Ground rent: £435 per annum, with the next review stated as 1 June 2028.
Jenner Court is managed by McCarthy Stone Management Services, and purchasers must meet the development's minimum age requirement of 70 years or over.
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.
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FAQ
About Flat 43, Jenner Court, St. Georges Road, Cheltenham
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