2-bedroom flat · GL51 7LE
Sold STCReduced £10k (−6.5%) on 11 AugListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and bright two bedroom first floor maisonette with its own entrance and private garden ideally situated on a tree lined road close to local shops and schools with good links to the town centre and the M5 motorway.
Its accommodation, that could benefit from some updating, comprises in brief an entrance hallway with storage cupboard, a good sized living room with feature fireplace, a modern fitted kitchen, two bedrooms and a family bathroom.
Further benefits of this property, ideal as a starter home or investor property, include double glazing, gas fired central heating and a private garden laid to lawn with a garden shed.
Council tax band - A. Lease has 932 years remaining. Current ground rent £4.50 per annum. Buildings insurance £180 per annum. Any maintenance charges are split 50/50 with the other leaseholder.
No onward chain.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 42, Orchard Avenue, Cheltenham
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