4-bedroom flat · GL50 2GA
Listing removedListed 218 days
Opportunity summary
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About
Possibly Cheltenham’s most desirable penthouse apartment offering three parking spaces and four terraces.
Description This exceptional residence, which has lift access, occupies the entirety of the top floor at 79 The Park, a small, luxury gated development of just 10 apartments built in 2013, and offers three allocated parking spaces, four outdoor seating areas, four bedrooms and four bathrooms.
The internal area of the apartment extends to 2,345sq.ft., with the accommodation centred around a substantial open-plan living space at the front of the property opening onto a large balcony spanning the full width of the apartment with views to Leckhampton Hill.
The kitchen has been upgraded since the property was built by Linden Homes in 2013 and now features Corian work surfaces and a central island with breakfast bar.
There is ample space for a dining table and doors opening onto the balcony, while two distinct seating areas create spaces for both relaxed everyday living and formal entertaining, including a sitting area centred around a feature fireplace.
All four bedrooms are exceptionally well-proportioned, each benefitting from access to roof terraces and en-suite facilities.
The principal bedroom includes a dressing room and a large en-suite shower room.
The guest bedroom features an en-suite bathroom, while the remaining two bedrooms, ideal as home offices if required, are served by en-suite shower rooms.
Further accommodation includes a utility room and a separate cloakroom, adding practicality to the apartment.
Completing this remarkable home is a private roof terrace accessed via an internal staircase, providing the fourth outdoor seating area and an ideal setting for relaxing or entertaining while enjoying the elevated position.
Externally, there is a communal store to the rear of the building along with three allocated parking spaces.
To the front, a beautifully landscaped communal garden provides an attractive approach with a footpath leading to the entrance hall. A lift and stairs give access to all floors.
General Information Mains water, electricity, gas and drainage are connected to the property. Additionally, solar panels on the roof provide renewable energy. EPC Rating: B (83).
Council tax band (G) - £3,744.20 (2025/2026). Tenure Leasehold with two shares in the freehold company - 79 The Park (Freehold) Limited. Original Length of Lease - 150 years from 2012.
Managing agents Cambray Property Management, Cheltenham. Service charge £3,000 Biannually.
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.
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FAQ
About The Penthouse, 79, The Park, Cheltenham
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