3-bedroom bungalow · GL53 7HS
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An individual single storey property, situated in a large garden on the perimeter of Sandford Park with potential to reconfigure/extend (with the relevant consents).
The property, which is now in need of updating, includes a reception hall, living room with feature fireplace, kitchen, a lovely garden/family room opening to the rear garden, 3 good size bedrooms, and a bathroom.
There are also 2 large loft rooms accessed via a retractable ladder.
Outside, the mature enclosed garden offers endless opportunities for the keen gardener and includes a summerhouse and large workshop/shed.
The property further benefits from gas central heating and is offered for sale with no onward chain. Further Information: Local Authority Cheltenham Borough Council. Tax Band D. Electricity Mains.
Water Mains. Sewerage Mains. Heating Gas Central Heating. Broadband ADSL connected to the property. Purchasers should carry out their own investigations regarding the suitability of these services.
PLEASE NOTE This property flooded in 2007 - since then extensive flood alleviation works in the area have been carried out and the property hasn't flooded since.
PLEASE NOTE This property suffered subsidence from trees in the garden - works via an insurance claim were completed in 2024 and a certificate of structural adequacy is available.
PLEASE NOTE We are inviting cash buyers only. Situated in this popular and sought after location just a few hundred yards from the town centre, Montpellier, the hospital, and the Lido.
Cheltenham is a vibrant Regency town, best known for its beautiful architecture, excellent shopping, and horse racingat the world famous Prestbury Park Racecourse.
Cheltenham also plays host to the music, jazz, science, and literature festivals currently held in Imperial Gardens.
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
Agent & docs
FAQ
About St Lukes Place, Cheltenham, GL53
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