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See how verdicts work3-bedroom flat · GL50 2RP
For saleReduced £75k (−9.1%) on 21 JunListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Standing prominently in a prime location on The Park is this beautifully presented three bedroom apartment occupying the entire first floor of an attractive Grade II Listed house, offering an impressive 1,891 sq ft of elegant and well-proportioned accommodation, together with a private garden, allocated parking with EV charger and a garage.
The apartment is approached via a spacious hallway and enjoys a wonderful sense of light and space throughout.
The impressive sitting room features a charming fireplace with gas fire, bespoke built-in shelving and cupboards, and a dual aspect that enhances the room’s bright and welcoming atmosphere.
A generous formal dining room provides an ideal space for entertaining, with double doors opening into a delightful reading area with a bow window enjoying lovely open views.
Adjacent to the dining room is a well-appointed kitchen/breakfast room fitted with a comprehensive range of modern units, contemporary worktops and a selection of integrated appliances.
The dual aspect main bedroom is a superb suite, complemented by a dressing room with extensive fitted storage and a stylish ensuite shower room with contemporary fittings.
The second bedroom is a spacious double with fitted wardrobes and its own ensuite bathroom, while the third bedroom offers flexibility as a guest room or study.
Further benefits include a large utility room with extensive built-in cupboards, sink and access to a separate boiler room.
This exceptional home combines period charm with modern convenience in a highly desirable setting.
Agents note Share of Freehold - 999 year lease from 26/07/1983 Annual service charge £4,853.26 No short term lets/holiday lets/sub-letting or pets allowed.
Outside Externally, the property enjoys a private and generous garden, laid mainly to lawn with established hedgerow, planted borders and a useful garden shed.
The apartment also benefits from an allocated parking space with EV charging point and a garage.
Situation The Park is a much sought-after area in the town as it offers easy access to Montpellier with its boutique shopping, restaurants, bars and the lovely sunny Montpellier public gardens, and all the amenities available on the popular Bath Road.
The popular Bournside School and new Leckhampton High School are within walking distance of the house along with Dean Close and Cheltenham College.
Cheltenham is renowned for its fine architecture, national hunt racing, quality shopping and excellent schools.
There are good sporting and leisure facilities in the area including several gyms and leisure centres, swimming pools plus tennis, squash, hockey and golf clubs.
Access to the motorway network is via Junctions 10 & 11 on the M5. There are train services to London and other major cities from Cheltenham Spa.
Property Ref Number: Ham-62349 Additional Information Agents note Share of Freehold - 999 year lease from 26/07/1983 Annual service charge £4,853.26 No short term lets/holiday lets/sub-letting or pets allowed.
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.
Area
Agent & docs
FAQ
About Flat 5 Redesdale House, 85 The Park, Cheltenham
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