2 Bed Flat, Single Let, Cheltenham, GL53 8EZ, £180,000

Lyefield Road West, Charlton Kings, CHELTENHAM, GL53 8EZ - 3 views - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£108K - £915K
Sold Prices/m²£1.7K/m² - £11.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£212,847
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£950 - £1,500

Rent Estimate

£863

Running Costs/mo

£755

Cashflow/mo

£108

Cashflow/yr

£1,295

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £108K to £915K, average is £223.5K. £1.7K/m² to £11.8K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£142.5K09/220.21 miFlat 6, Pumphreys Court, Pumphreys Road, Charlton Kings, Cheltenham, Gloucestershire GL53 8BX2
£210K03/230.29 mi25, East End Road, Charlton Kings, Cheltenham, Gloucestershire GL53 8QA2
£475.6K09/210.36 miGlencairn, Greenway Lane, Charlton Kings, Cheltenham, Gloucestershire GL52 6LB2
£195K01/240.54 mi6, Sandringham Court, Cheltenham, Gloucestershire GL53 7EY2
£187K12/200.67 mi212, London Road, Cheltenham, Gloucestershire GL52 6HJ2
£262K06/210.72 mi17, Strickland Road, Cheltenham, Gloucestershire GL52 6RR2
£200K10/210.75 miLeamington Villa, 2, Rosehill Street, Cheltenham, Gloucestershire GL52 6SJ2
£287.5K10/220.85 miFlat 10, Hammond Court, College Lawn, Cheltenham, Gloucestershire GL53 7AF2
£317K09/220.85 miFlat 14, Hammond Court, College Lawn, Cheltenham, Gloucestershire GL53 7AF2
£260K07/230.85 miFlat 22, Hammond Court, College Lawn, Cheltenham, Gloucestershire GL53 7AF2
£225K07/210.85 miFlat 26, Hammond Court, College Lawn, Cheltenham, Gloucestershire GL53 7AF2
£255K04/210.85 miFlat 14, Hammond Court, College Lawn, Cheltenham, Gloucestershire GL53 7AF2
£232K04/210.85 miFlat 21, Hammond Court, College Lawn, Cheltenham, Gloucestershire GL53 7AF2
£108K04/230.87 miFlat 20, Regency Gardens, Sandford Road, Cheltenham, Gloucestershire GL53 7AJ2
£202K02/240.89 mi15, Keynsham Bank, Cheltenham, Gloucestershire GL52 6ER2
£245K12/220.92 mi3, Battledown Priors, Cheltenham, Gloucestershire GL52 6RB2
£210K10/210.92 mi7, Battledown Priors, Cheltenham, Gloucestershire GL52 6RB2
£227.4K06/210.97 mi34, Pilley Lane, Cheltenham, Gloucestershire GL53 9ER2
£365K11/221.06 mi4a, Hillands Drive, Cheltenham, Gloucestershire GL53 9EU2
£196.1K01/231.11 mi26, High Street, Cheltenham, Gloucestershire GL50 1DZ2
£170K07/211.15 mi9, Cedar Court Road, Cheltenham, Gloucestershire GL53 7RB2
£230K07/221.15 mi9, Cedar Court Road, Cheltenham, Gloucestershire GL53 7RB2
£233K12/221.15 mi8, Cedar Court Road, Cheltenham, Gloucestershire GL53 7RB2
£220K04/211.15 mi10, Cedar Court Road, Cheltenham, Gloucestershire GL53 7RB2
£915K03/211.17 mi185, Hewlett Road, Cheltenham, Gloucestershire GL52 6UF2
£300K01/211.18 miFlat 2, Jubilee Court, Commercial Street, Cheltenham, Gloucestershire GL50 2AJ2
£262.5K12/221.19 miFlat 11, Jubilee Court, Commercial Street, Cheltenham, Gloucestershire GL50 2AJ2
£222K12/201.2 mi7b, Upper Norwood Street, Cheltenham, Gloucestershire GL53 0DS2
£465K05/211.21 mi10a, Montpellier Grove, Cheltenham, Gloucestershire GL50 2XB2
£520K12/201.23 miApartment 7, Regent House, Montpellier Drive, Cheltenham, Gloucestershire GL50 1TX2
£225K02/211.26 miFlat 1, Buckingham House, Wellington Street, Cheltenham, Gloucestershire GL50 1XY2
£360K06/231.27 miApartment 6, Byron Court, Pittville Circus Road, Cheltenham, Gloucestershire GL52 2GA2
£356.4K09/231.27 miApartment 9, Byron Court, Pittville Circus Road, Cheltenham, Gloucestershire GL52 2GA2
£420K05/211.27 mi9a, Great Norwood Street, Cheltenham, Gloucestershire GL50 2AW2
£165K05/231.28 mi48, Brockweir Road, Cheltenham, Gloucestershire GL52 5FW2
£155K02/231.29 mi52, Redmarley Road, Cheltenham, Gloucestershire GL52 5GA2
£131K04/211.29 mi58, Redmarley Road, Cheltenham, Gloucestershire GL52 5GA2
£154.5K03/231.29 mi8, Redmarley Road, Cheltenham, Gloucestershire GL52 5GA2
£145K10/201.29 mi20, Redmarley Road, Cheltenham, Gloucestershire GL52 5GA2
£155K01/231.29 mi6, Redmarley Road, Cheltenham, Gloucestershire GL52 5GA2
£175K01/231.29 mi5, Kempley Close, Cheltenham, Gloucestershire GL52 5GB2
£142K10/211.29 mi12, Kempley Close, Cheltenham, Gloucestershire GL52 5GB2
£180K08/211.29 mi17, Kempley Close, Cheltenham, Gloucestershire GL52 5GB2
£138.5K05/211.29 mi6, Kempley Close, Cheltenham, Gloucestershire GL52 5GB2
£136K01/211.29 mi9, Kempley Close, Cheltenham, Gloucestershire GL52 5GB2
£227.5K05/211.3 mi26, Cambray Court, Cheltenham, Gloucestershire GL50 1JX2
£315K12/221.3 miApartment 2, Byron Court, Pittville Circus Road, Cheltenham, Gloucestershire GL52 2GA2
£200K03/211.33 mi44, Cambray Court, Cheltenham, Gloucestershire GL50 1JX2
£171.5K10/231.33 mi70, Yorkley Road, Cheltenham, Gloucestershire GL52 5FP2
£262K12/201.34 miFlat 9, Askham Court, Pittville Circus Road, Cheltenham, Gloucestershire GL52 2PZ2

Local Rents

10 rents from £950/mo to £1.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50004/240.04 miCopt Elm Road, Cheltenham, Gloucestershire2
£95004/240.16 miLongleat, Horsefair Street, Charlton Kings, Cheltenham, GL532
£1,35004/240.2 miChurch Street, Charlton Kings, Cheltenham, GL532
£1,10003/250.22 mi-2
£1,15004/240.25 miBuckles Close, Cheltenham GL53 8JY2
£1,20004/250.49 mi-2
£1,40001/250.5 mi-2
£1,37505/240.51 mi-2
£1,37504/240.51 miLittle Herberts Road, Charlton Kings, Cheltenham, GL532
£1,50004/240.6 miColtham Road, Cheltenham, Gloucestershire, GL522

Local Area Statistics

Population in GL53

19,966

Population in Cheltenham

159,223

Town centre distance

1.60 miles away

Nearest school

0.10 miles away

Nearest train station

2.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £180,000

February 12, 2025

Floor Plans

Description

  • Two double bedrooms +
  • First floor +
  • 20ft living room +
  • Bathroom with separate shower +
  • Central village location +

A two double bedroom apartment, set in the heart of Charlton Kings, with far reaching views and an open plan living area.

This property is sold with NO ONWARD CHAIN.

The popular village of Charlton Kings has much to offer. Cafes, unique boutique shops, a surgery, library, pubs and restaurants are within half a mile of the property. There are lovely Cotswold Countryside walks in the nearby Area of Outstanding Natural Beauty, and a range of highly rated local schools to choose from.

The apartment itself is located on the first floor and shares its entrance with just one other apartment. Located adjacent to the junction of Lyefield Road West and Copt Elm Road, the property is in a central village location and enjoys elevated views over the village and local countryside beyond.

Internally there is a communal stair case which rises to the first floor, private entrance hall which opens into the 20ft long, open plan living space, two double bedrooms and a bathroom complete with separate shower cubicle. Special note should be taken of the vaulted ceiling in the living area, creating a light, bright and airy feel.

From the character of the period building, elevated views and central location, to the modern fittings and double bedrooms, the apartment has a blend of charm, character and modern convenience.

This is a leasehold property believed to have 975 years remaining. As with all such properties, you are also likely to be responsible for ground rent and management charges. Therefore, we advise you to consult with your legal representatives on these matters should you wish to purchase the property.

Agent Details

Andrews Estate Agents, Leckhampton

01242 503242

Next Steps?

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