2-bedroom flat · GL52 2NZ
Let agreedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extremely spacious two double bedroom apartment in a great town centre location. Please EMAIL your enquiry and we will respond as soon as possible.
This split-level property underwent a complete programme of refurbishment a few years ago including gas central heating, kitchen (appliances included), utility room, bathroom and flooring and redecoration.
The colour scheme is neutral and contemporary throughout and the property comprises a sitting room, kitchen, utility room, two double bedrooms and bathroom with shower over bath.
Gas central heating, secure intercom system, bicycle storage. Ideally suited for two professionals sharing or a couple. Please EMAIL your enquiry and we will respond as soon as possible.
Council Tax - A EPC - D Holding deposit £229.00 (equivalent of one week's rent – goes towards 1st months’ rent) Security deposit £1148.00 (5 weeks rent) Bills are excluded from the rental payment and are in addition.
Utilities: Mains electric, gas, water, sewerage Broadband supplied to the building Building safety – N/A Rights and Restrictions – N/A Flood Risk – Very low risk of flooding from rivers and the sea Planning developments – N/A Accessibility and Adaptations – N/A Coalfield or Mining – N/A AGENT INFORMATION Redress Scheme The Property Ombudsman Membership Number D11955 CMP (Client Money Protection) Propertymark CMP Scheme Ref: C0127435 Permitted Payments * Rent * Before the tenancy starts, security deposits capped at 5 or 6 weeks rent, depending on the annual aggregate rent of the property * Before the tenancy starts, payable to ME And You Estate Agents, a holding deposit capped at 1 weeks rent will be taken.
This deposit is non refundable if the tenant applicant changes their mind or pulls out for any reason. This deposit is refundable if the agent pulls out for any reason.
During the tenancy (payable to the agent) * Default fees, replacement for lost or damaged keys or security devices.
Cost of replacements only *Rent arrears, this will be charged at 3% above the bank of England's base rate from the date the rent falls due.
This charge will be levied once the tenant is at least 14 days in arrears, which will be backdated to the rent payment due date.
* Change of sharer £50 * Variation of contract £50 * Surrender of property.
Should the tenant wish to leave their contract early, they shall be liable for the landlords costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
During the tenancy (payable to the provider) if permitted and applicable Utilities, gas, electricity, water Communications, telephone and broadband Installation of cable/satellite Subscription to cable/satellite supplier Television licence Council Tax Other permitted payments Any other permitted payments, not included above, under the relevant legislation including contractual damages.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 Portland Street, Cheltenham, GL52 2NZ
Explore nearby