We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom property · GL50 3FH
Listing removedReduced £75k (−12%) on 27 OctListed 406 days
Opportunity summary
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About
**Your life, your move, your way** Reserve one of our select Pegasus homes at One Bayshill Road, Cheltenham, by 31st January 2026 and we'll offer you a choice of three fantastic rewards: - 5% discount from the advertised purchase price or - Stamp duty paid (payable on the purchase of the new property) or - 50% off service charge payment for 5 years *Terms and conditions apply.
This incentive only applies to homes being sold directly from the developer. Homes being resold from a previous owner do not qualify for the incentive. Welcome to a new chapter in your life.
One Bayshill Road is a unique collection of age exclusive apartments located in Montpellier, Cheltenham's most sought-after address.
These sympathetically restored, Grade II listed villas are seamlessly connected by a contemporary building.
Here you will find a thriving community where long lasting friendships are made, giving residents peace of mind and security, whilst allowing you to find your dream lifestyle.
With exclusive on-site amenities including a communal lounge, roof terrace, gym, wellness spa complete with herbal sauna, a salt and steam room and a hydrotherapy pool, you will find everything you need to enjoy your best life.
In addition, an on-site restaurant provides the perfect place to seek out friends for a coffee and a catch up. The smooth running of this development is overseen by our dedicated onsite team.
This delightful two double bedroom home is conveniently located on the ground floor.
Light and bright throughout with plenty of storage, this contemporary apartment offers a beautifully appointed kitchen with integrated appliances.
The open plan kitchen living area leads to a private terrace. Both bedrooms are generous doubles, each offering built in wardrobes and ensuite bathrooms.
Designed and built to an exceptional standard, One Bayshill Road gives every discerning owner the chance to write the next chapter of there unique life in a secure problem free environment.
========= Lease term 999 years from the 1st January 2017 - 992 years remaining Service charge £13,992 per annum (reviewed annually) Ground rent £400pa Ground rent review date, The first Rent Review date shall be the 15th Anniversary of the Commencement date of the term.
Each subsequent review date shall be on the 10th anniversary Council tax banding :- E EPC - B *Customers can only choose one incentive per transaction.
The 5% discount applies to the advertised purchase price only.
The Stamp Duty payment will only be made on Tier 1 Stamp Duty Land Tax and will be paid upon completion as a contribution deducted from the completion statement.
The 50% service charge incentive is calculated based on the annual rate at the time of purchase. The incentives advertised are only available on selected apartments excluding resale homes.
To qualify for the promotion, the reservation must be made after 1st September 2025, and customers must complete the purchase of their new Pegasus home by 31st March 2026.
This promotion ends on 31st January 2026. Pegasus Homes reserves the right to amend, extend or withdraw offers and promotions at any time.
For full terms please visit pegasushomes.co.uk/company/legal/terms-and-conditions/ or speak to our Customer Advisors to find your best deal.
All images shown are from a previously dressed apartment of a similar style and are indicative. Please speak with our sales team to arrange a viewing.
Purchase prices shown are correct at time of publication and may be subject to change. Purchase prices shown are exclusive of service charge, which is payable monthly and is reviewed annually.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 3 Bayshill Road, Cheltenham, Gloucestershire, GL50
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