2-bedroom flat · GL50 2SZ
Sold STCListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic Grade II listed period property with allocated off-road parking, offering spacious and versatile accommodation arranged over three floors in a highly convenient central Cheltenham location.
This fantastic Grade II listed period property offers characterful and surprisingly spacious accommodation arranged over three floors, ideally positioned between Tivoli, Leckhampton and Montpellier, within easy walking distance of central Cheltenham’s shops, cafés and restaurants.
At the heart of the home is an impressive double-aspect open-plan kitchen, dining and sitting room, filled with natural light and offering excellent space for both everyday living and entertaining.
The fitted kitchen features oak-block work surfaces, integrated cooking appliances and practical tiled flooring.
The first floor provides a generous double bedroom with southerly views and built-in storage, alongside a stylish contemporary bathroom with a large shower bath.
On the lower-ground floor is a highly versatile second bedroom/reception room, ideal as a guest room, home office or snug, together with a separate shower room.
To the rear, access leads to a timber deck and communal patio garden. A rare benefit in such a central location, the property also includes an allocated off-street parking space.
Well-presented throughout and offered with no onward chain, this distinctive home would make an excellent first-time purchase, investment or convenient Cheltenham base.
Location The property occupies an excellent position in GL50, conveniently located for Tivoli, Leckhampton, Montpellier and central Cheltenham.
The location provides easy access to a wide choice of independent shops, cafés, restaurants and everyday facilities, with many amenities accessible on foot.
Cheltenham's fashionable Montpellier district and the amenities around Tivoli and Leckhampton are within convenient reach, making this an appealing location for buyers wanting to enjoy the town's lifestyle without being reliant on the car.
The combination of a central Cheltenham setting and allocated off-road parking is a particularly attractive feature. Lease Details Tenure: Leasehold with a share of the freehold.
Lease: 999 years commencing 18th May 1982. Service Charge: £1,800 per annum Ground Rent: Not collected.
Managing Agents: Young & Gilling General Service: all mains service are believed to be connected. Local Authority: Cheltenham borough Council. Council Tax: Band B.
Parking: Allocated off street car parking for one vehicle & resident permit parking.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Suffolk Road, Cheltenham
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