2-bedroom flat · GL51 8QA
Let agreedReduced £100 (−8.3%) on 8 SepListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor two double bedroom apartment is positioned next to Cheltenham Spa Train Station.
It is ideally suited to a single professional, couple or family and consists of: - Entrance hallway, with two double bedrooms, the main benefitting from an ensuite shower room.
To the end of the hallway is the family bathroom, which contains a shower over bath and the boiler in a cupboard.
Completing the apartment is the open plan living kitchen dining space, with the kitchen including a washing machine, under counter fridge, gas hob and electric oven.
The property further benefits from gas central heating, an off road gated allocated parking space and is offered unfurnished. Please note the parking space is operated via a lift system on a platform.
This system has maximum restrictions on vehicles as follows: Maximum length 5000mm. Maximum width (without outside mirror) 1900mm. Maximum weight 2000kg. Maximum wheel load 500kg.
Maximum height 1500mm inclusive of antenna or roof rail/rack. The installation is exclusively for the use of cars.
Cars with low slung suspension or front spoilers are parked at the risk of the driver. Holding Deposit: £276.92 Council Tax: Band A, Cheltenham Borough Council
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About Gloucester Road, GL51 8QA
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