3-bedroom flat · GL53 7ES
For saleReduced £45k (−3.8%) on 28 JanListed 320 days
Opportunity summary
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About
Thirlestaine Hall was beautifully restored by Berkeley Homes in 2014 and converted to just seven luxurious apartments.
This stunning apartment offers over 1900 square feet of accommodation, two parking spaces, beautiful communal gardens, large basement storage room and an observatory with doors leading out to a wraparound balcony providing breathtaking panoramic views over Cheltenham and beyond.
The living space comprises a stunning reception room with a delightful bay window looking out over the gardens.
The high specification kitchen is open plan to the sitting room and features a full complement of fitted units, stone worktops, integrated appliances and island with breakfast bar.
The master bedroom offers a lovely ensuite bathroom with roll top bath and a separate shower enclosure, and a walk-in wardrobe with fitted units.
There are two further bedrooms and a contemporary family bathroom on this floor. Stairs lead up to the second floor and an office/study.
A set of stairs from this room take you to the observatory which is ideal to set up as a study or reading room along with double doors opening out to a wraparound terrace that offers stunning 360 degree views.
In the basement is a lockable and spacious storage room.
Outside Outside, there are two allocated parking spaces and mature gardens offering a leafy gated parkland setting within a private environment with lovely landscaped lawns and pathways surrounded by mature trees.
There are parks close by and facilities such as gyms, the lido open air swimming pool, Croquet Club and the Tennis & Squash Club all within walking distance.
Situation Thirlestaine Park is ideally located for Montpellier, the town centre as well as the popular Bath Road shopping area.
Cheltenham is a Regency town renowned for its fine architecture, national hunt racing, quality shopping and excellent schools. Access to the motorway network is via Junctions 10 & 11 on the M5.
There are train services to London Paddington and other major cities from Cheltenham Spa.
Property Ref Number: Ham-3434 Additional Information We have been informed by the vendor of the following: Council Tax Band F Lease: 125 Years from 1 March 2014 ** Service Charge: £6,523 per annum (paid half yearly).
Management Co: Cambray Property Management. Freeholder: Thirlestaine Hall Freehold Ltd. Holiday lets and pets are not permitted. Ground Rent: £250 per annum (payable half yearly).
**Agents note: The vendors are in the final process of purchasing the Freehold title of Thirlestaine Hall. When completed the property will benefit from a Share of Freehold.
Some of the images are virtually staged and of the communal areas.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 4 Thirlestaine Hall, Thirlestaine Place, Cheltenham
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