2-bedroom flat · GL51 8DW
For saleReduced £81k (−21.5%) on 2 OctListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an exclusive and highly regarded retirement complex, this elegant third floor apartment provides well balanced accommodation designed for modern, low maintenance living.
The property is presented to a high standard throughout, with a bright and airy dual aspect sitting room forming the principal reception space, seamlessly connecting to a well fitted kitchen complete with a range of units and integrated appliances including oven and hob, fridge freezer, washer dryer and dishwasher.
The apartment offers two generously proportioned double bedrooms, both benefitting from built in wardrobes.
The principal bedroom is served by a contemporary ensuite bathroom with level access shower, while a second bathroom features a classic three piece suite with shower over the bath, providing flexibility for guests.
Residents benefit from an exceptional range of on-site amenities including a fully licenced restaurant, cinema room, swimming pool and gym, alongside a hair salon.
The development has been thoughtfully designed to promote both community and wellbeing, with attractive communal seating areas and a communal roof terrace offering further space to relax and socialise.
With 24hour on-site staffing, CCTV and a 24/7 emergency alarm response system, the development provides reassurance and security, whilst maintaining independence through private front doors opening onto bright internal corridors.
Optional 'Extra Care' services are also available, allowing support to be tailored to individual needs.
A Supportive & Not‑for‑Profit Community Run as a not‑for‑profit organisation, Honeybourne Gate encourages strong resident involvement and fosters a friendly, active and supportive community.
Weekly housekeeping and flexible support services help ensure a comfortable, worry‑free lifestyle.
With excellent on‑site amenities, lift access throughout, and all local facilities just a short distance away, this apartment represents a rare opportunity to enjoy secure, independent retirement living in one of Cheltenham's most sought‑after developments.
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 Apartment 42 Honeybourne Gate, Gloucester Road, Cheltenham
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