2-bedroom flat · GL51 0UF
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor two bedroom apartment is set in Persimmon Gardens, a modern development on the western edge of Cheltenham.
Offering light and spacious accommodation in a popular location, the apartment is accessed via a communal entrance with a security entry phone the apartment has a private entrance hall, two bedrooms, a bathroom with shower over the bath and a sitting/dining room which opens to a well equipped kitchen and features double doors to a Juliet Balcony.
Additional benefits include allocated off road parking, electric heating, double glazing and the property is offered for sale with no onward chain.
Persimmon Gardens is situated on the western outskirts of Cheltenham, convenient for access to junctions 10 & 11 on the M5, two large retail parks and about 3 miles from the town centre.
Cheltenham is a superb place for shopping with an abundance of main High Street shops, specialist boutiques, cafés and restaurants.
Tenure: Leasehold EPC Rating: C Lease: 215 years from 1 January 2006 Service Charge: £224.79 per month Ground Rent: £0 Council Tax Band: B
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
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FAQ
About Persimmon Gardens, Cheltenham
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