6-bedroom house · GL52 2SG
Listing removedListed 237 days
Opportunity summary
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About
This Freehold period, Grade 2 listed, residential apartment block is situated within the town centre. The property has five separate dwellings comprising four one bedroom and two bedroom apartments.
The property is situated at the end of a no through road and is set back from the street.
There is a communal entrance for four of the apartments and separate access for the lower ground floor apartment. The property is offered to the market with No Onward Chain.
This is a great buy-to-let investment opportunity and we have been informed by the seller that the property has achieved a total of £57,180 annually (correct at the time of writing).
Apartment one on the upper ground floor and apartment three on the first floor both have large built-in cupboards in the hallway, and generous sitting-dining rooms looking out to the front of the property with period features including sash windows, skirting, cornicing, and picture rails.
The bedrooms both look to the side of the property and have curved walls to one side and a useful built-in storage cupboard.
The kitchens have a range of wall and base units with worktops over and integrated hob, extractors, and ovens. There are freestanding appliances comprising washing machine and fridge freezer.
Apartment one has a shower room and apartment two has a bathroom with a shower attachment over the bath.
Apartment three is a two bedroom with the sitting-dining room to the rear offering dual aspects and views across the rooftops towards the hills beyond.
Bedroom one looks out to the front of the property and bedroom two looks out to the rear. The kitchen has a range of wall and base units with worktops over and a breakfast bar.
A fitted cooker and freestanding appliances comprising a washing machine and fridge freezer. The bathroom has a white suite comprising bath with shower over, low-level WC and sink.
The top floor loft apartment offers a sitting-dining room with doors leading out to a balcony giving views across to the hills.
The bedroom looks out to the front of the property and there is a useful built-in storage cupboard.
A galley kitchen offers a range of base units with worktop over and freestanding appliances comprising cooker, fridge freezer and washing machine.
The bathroom offers a white suite comprising bath with shower over, low-level WC and sink. This apartment has electric heating.
The lower ground floor apartment has an entrance to the front of the building. There is a generous sitting room to the front and an office area off the hallway.
The bedroom looks out to the side and has a useful built-in wardrobe.
There is an inner hallway with built-in wardrobes and storage The kitchen has a range of wall and base units with worktops over with freestanding appliances comprising a cooker, fridge freezer and washing machine.
The bathroom comprises a bath with a shower over, a low-level WC and a sink. Please note that the apartments are not on separate leases.
Tenure-Freehold Council Tax - A (per apartment) Important Notice: These particulars are prepared in good faith and do not form part of any contract.
All measurements, descriptions, fixtures and fittings are approximate.
Cook Residential accepts no liability for errors or omissions, and prospective purchasers should verify all details independently.
All information relating to tenure and boundaries to be verified by purchaser’s solicitor. All measurements and details provided are for guidance only.
Lgf Sitting Room Dimensions: 15' 10'' x 14' 4'' (4.82m x 4.37m). Lgf Bedroom Dimensions: 15' 11'' x 11' 9'' (4.85m x 3.58m). Lgf Kitchen Dimensions: 16' 0'' x 9' 9'' (4.87m x 2.97m).
Bathroom Dimensions: 7' 5'' x 6' 10'' (2.26m x 2.08m). Apt 2 Sitting Room Dimensions: 19' 0'' x 14' 11'' (5.79m x 4.54m). Apt 2 Bedroom Dimensions: 16' 4'' x 12' 0'' (4.97m x 3.65m).
Apt 2 Kitchen Dimensions: 10' 4'' x 9' 8'' (3.15m x 2.94m). Apt 3 Sitting Room Dimensions: 19' 10'' x 13' 11'' (6.04m x 4.24m). Apt 3 Bedroom Dimensions: 17' 0'' x 12' 9'' (5.18m x 3.88m).
Apt 3 Kitchen Dimensions: 10' 3'' x 9' 4'' (3.12m x 2.84m). Apt 4 Sitting Room Dimensions: 13' 0'' x 10' 2'' (3.96m x 3.10m). Apt 4 Bedroom Dimensions: 11' 0'' x 8' 10'' (3.35m x 2.69m).
Apt 5 Sitting Room Dimensions: 17' 1'' x 14' 4'' (5.20m x 4.37m). Apt 5 Bedroom 1 Dimensions: 10' 1'' x 8' 9'' (3.07m x 2.66m). Apt 5 Bedroom 2 Dimensions: 13' 0'' x 11' 4'' (3.96m x 3.45m).
Apt 5 Kitchen Dimensions: 11' 1'' x 8' 0'' (3.38m x 2.44m).
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
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FAQ
About 60 Grosvenor Street, Cheltenham
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