2-bedroom flat · GL50 4GY
To rentListed 1 day
Opportunity summary
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About
ME And You are pleased to offer To Let this well presented first floor two bedroom apartment situated in a private courtyard off Hanover Street, with allocated parking.
Please EMAIL your enquiry and will respond as soon as possible.
Situated on the first floor (top floor) this bright and modern property comprises an enclosed entrance hallway, open plan kitchen and living room, two bedrooms and a bathroom.
The apartment is extremely well located in a quiet and popular area of Cheltenham with many local amenities. It is just a five minutes walk from both the High Street and Pittville Park.
To the front of the property is the spacious open plan living and kitchen area.
The kitchen is equipped with an electric hob, electric oven and extractor, built in washing machine, and there is space for a large fridge freezer.
The two bedrooms sit to the rear and the master bedroom benefits from a double wardrobe. Both bedrooms are served by a well presented family bathroom with shower over bath.
The apartment benefits with double glazed windows, gas central heating (Worcester combination boiler), allocated parking for one vehicle, and there is also a small cupboard off the hallway for storage.
Please EMAIL your enquiry by clicking the Email Agent link, and we will respond to you as soon as possible.
EPC - C Council Tax – A Furnishings - Unfurnished Holding deposit £230 (one week's rent – part of security deposit) Security deposit £1149 (5 weeks rent) Some pets are welcome on a case by case basis Bills are excluded from the rental payment and are in addition.
Source of heating – Gas central heating Utilities: Mains electric, water, gas, sewerage. Broadband supplied to the building Parking – off street, allocated, one space.
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
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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
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FAQ
About Hanover Place, Cheltenham, GL50 4GY
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