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See how verdicts work3-bedroom flat · GL50 3BD
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first-floor apartment in Cheltenham’s most prestigious development.
Offering 3 bedrooms, 3 bathrooms and two secure, allocated parking spaces, Exchange Court is set back from a popular tree lined road in Montpellier.
Description - Built in 2023 by the luxury house builder, Brookworth Homes, Exchange Court has just 12 exclusive apartments in the heart of upmarket Cheltenham.
Montpellier’s boutique shops, cafes, restaurants and wine bars are all within a short walk, whilst the town’s architecturally inspiring Promenade, John Lewis and the High Street are all within walking distance.
A luxurious communal entrance hall leads to a lift and stairs to the first floor where an imposing front door opens into a wide and inviting hall.
To the front of the building there is a large open plan living space, complete with a contemporary German kitchen by Nolte, that includes a central island, Quuooker boiling water tap Miele appliances including four ovens, induction hob and wine cooler.
The sitting/dining area is complete with a media wall and enjoys a double aspect including doors opening onto a large balcony.
At the rear of the building three well proportioned en-suite bedrooms may be found.
The principal bedroom enjoys a large ensuite bathroom with free-standing Victoria + Albert bath, shower enclosure and twin wash hand basins.
The remaining bedrooms both offer fully tiled shower rooms and two are fitted with wardrobes.
Additionally, the apartment has a utility room that previously provided a toilet for guests and plentiful storage in the hallway.
Additional features include: -Enhanced thermal & acoustic insulation -Underfloor heating throughout -Control4 Smart Home system -Lutron lighting and automated blind system -Wireless alarm and security system including CCTV
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Parabola Road, Montpellier, Cheltenham
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