2-bedroom flat · GL50 3LP
Let agreedListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
To Let – Spacious Two-Bedroom Top Floor Flat in Central Cheltenham A well-presented two-bedroom top floor flat, ideally situated in the heart of Cheltenham town centre and offering bright, spacious accommodation with the added benefit of parking.
The property features a generous open-plan lounge and kitchen, with dual windows allowing plenty of natural light into the living space and ample room for both seating and dining.
The modern fitted kitchen offers contemporary units, contrasting worktops and integrated appliances, providing a stylish and practical space.
There are two well-proportioned double bedrooms, both neutrally decorated and benefiting from fitted wardrobes, providing excellent built-in storage.
The bathroom is fitted with a modern white suite, including a bath with shower over.
A particularly valuable feature for such a central location is the parking available with the property, including permit parking and an additional off-street parking area.
Situated on New Street, the property is just a short walk from Cheltenham High Street and The Brewery Quarter, placing a fantastic selection of shops, cafés, restaurants, bars and leisure facilities right on the doorstep.
Pittville Park and Sandford Park are also within easy reach for outdoor space and recreation.
Cheltenham Spa railway station is easily accessible, offering regular services to Bristol, Birmingham and London Paddington, while numerous local bus routes provide convenient connections throughout Cheltenham and the surrounding areas.
An excellent opportunity for those looking for a spacious and conveniently located home in the centre of Cheltenham, combining modern accommodation with the benefit of parking and excellent access to local amenities.
EPC rating: D.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 New Street,, Cheltenham, GL50
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