2-bedroom property · GL51 9HU
Listing removedReduced £14.9k (−4.4%) on 6 FebListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented Victorian townhouse arranged over four floors, offering flexible 2/3-bedroom accommodation perfectly suited to modern living.
Ideally located in a quiet setting close to local shops and within easy reach of the town centre, the property combines period charm with contemporary comfort and versatile spaces to suit a variety of lifestyles.
Set back from the road behind elegant wrought iron railings, this charming home is entered via a recessed porch into a welcoming entrance hall providing access to all ground floor rooms.
At the front, the dining room features original stripped floorboards and an open fireplace, while the sitting room at the heart of the home offers French doors leading to an enclosed rear garden.
The modern kitchen is fitted with a range of wall and base units complemented by quarry-tiled flooring, with a door opening onto the garden.
On the lower ground floor, there is a fully converted room with excellent head height, providing a wonderful study or occasional bedroom.
Upstairs, the principal bedroom spans the full width of the house and benefits from two large windows flooding the space with natural light, alongside a second bedroom and family bathroom.
The loft has been converted to provide easily accessible storage or potential use as a study or studio.
Outside, the front garden is paved, providing space for bin storage, while the west-facing rear garden features a patio area perfect for outdoor entertaining, leading onto a generous lawn with a large storage shed at the rear.
Further benefits include gas central heating and double glazing throughout.
Freehold Cleeveland Street is a lightly used road connecting Swindon Road and Tewkesbury Road, just moments from Tesco and Waitrose and within a 10-minute stroll of the town centre.
Cheltenham Spa railway station is approximately a 20-minute walk, while the M5 can be easily accessed for travel north or south.
Cheltenham is a superb place for shopping with an abundance of main high street shops, specialist boutiques, cafes and restaurants.
Education is very well catered and there are excellent sporting facilities in and around the town.
Communications are excellent with easy access to the M5 and there are regular train services to London Paddington in just over 2 hours.
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
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FAQ
About 60, Cleeveland Street, Cheltenham
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