5 Bed HMO, Cheltenham, GL51 9HA, £300,000

Townsend Street, St Pauls, GL51 9HA - 3 views - 2 months ago

Sold STC
HMO
ROI: 9%
~178 m²
+15 photos

ValuationUndervalued

Sold Prices£130K - £3.2M
Sold Prices/m²£2.3K/m² - £44.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.7K/m²

Value Estimate

£366,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Room Rate

£568

Gross Rent

£2,840

Running Costs/mo

£2,101

Cashflow/mo

£739

Cashflow/yr

£8,867

ROI

9%

Gross Yield

11%

Local Sold Prices

28 sold prices from £130K to £3.2M, average is £957.5K. £2.3K/m² to £44.4K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£915K12/200.4 miSunnyside, Western Road, Cheltenham, Gloucestershire GL50 3RJ5
£755K07/220.44 mi24, Marle Hill Parade, Cheltenham, Gloucestershire GL50 4LG5
£130K12/230.49 mi15, Clarence Square, Cheltenham, Gloucestershire GL50 4JN5
£1.9M08/220.56 mi5, Christchurch Road, Cheltenham, Gloucestershire GL50 2NY5
£1.9M06/210.58 miThe Old Rectory, Wellington Square, Cheltenham, Gloucestershire GL50 4JZ5
£875K08/230.61 mi124, Winchcombe Street, Cheltenham, Gloucestershire GL52 2NW5
£3.2M06/210.7 miJuniper House, Malvern Road, Cheltenham, Gloucestershire GL50 2JW5
£700K02/210.71 mi28, Cambray Place, Cheltenham, Gloucestershire GL50 1JN5
£1.4M08/220.78 miHill View House, Eldorado Crescent, Cheltenham, Gloucestershire GL50 2PY5
£920K10/230.81 mi34, Prestbury Road, Cheltenham, Gloucestershire GL52 2DA5
£970K11/200.81 mi20, Eldorado Road, Cheltenham, Gloucestershire GL50 2PT5
£1.2M07/230.81 mi32, Eldorado Road, Cheltenham, Gloucestershire GL50 2PT5
£965K12/200.82 mi37, Eldorado Road, Cheltenham, Gloucestershire GL50 2PX5
£800K03/210.82 mi34, Eldorado Road, Cheltenham, Gloucestershire GL50 2PT5
£770K05/210.83 mi34, Christchurch Road, Cheltenham, Gloucestershire GL50 2PW5
£1.2M10/230.84 mi10, Montpellier Drive, Cheltenham, Gloucestershire GL50 1TX5
£805K11/220.85 mi65, Bath Road, Cheltenham, Gloucestershire GL53 7LH5
£1.4M07/230.86 mi4, Walnut Close, Cheltenham, Gloucestershire GL52 3AG5
£1.4M09/220.89 mi80, Queens Road, Cheltenham, Gloucestershire GL50 2NE5
£1.5M07/220.9 mi26, Queens Road, Cheltenham, Gloucestershire GL50 2LT5
£835K12/230.93 mi81, Hewlett Road, Cheltenham, Gloucestershire GL52 6AF5
£950K02/210.93 mi1, Carlton Street, Cheltenham, Gloucestershire GL52 6AG5
£950K01/210.94 mi85, Andover Road, Cheltenham, Gloucestershire GL50 2TR5
£785K03/230.96 mi3, Lexington Square, Cheltenham, Gloucestershire GL52 3LT5
£980K03/210.97 mi12, Glencairn Park Road, Cheltenham, Gloucestershire GL50 2NA5
£980K08/220.97 mi4, Glencairn Park Road, Cheltenham, Gloucestershire GL50 2NA5
£840K02/230.97 mi10, Montpellier Villas, Cheltenham, Gloucestershire GL50 2XE5
£1.2M01/210.99 mi13, Montpellier Grove, Cheltenham, Gloucestershire GL50 2XB5

Local Area Statistics

Population in GL51

51,443

Population in Cheltenham

159,223

Town centre distance

0.78 miles away

Nearest school

0.30 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £300,000

March 4, 2025

Floor Plans

Description

  • Modern Galley Kitchen Design +
  • Spacious with Five-Bedrooms +
  • Investment Property +
  • Convenient On-Street Parking +
  • Low Maintenance Courtyard Garden +
  • Close To The The Town Centre +

CURRENTLY BEING ADVERTISED WITH NO ONWARD CHAIN FROM JUNE 30TH 2025. SHOULD A SALE NOT BE AGREED BY DECEMBER 2024 THEN THE SITUATION MAY CHANGE AND THE PROPERTY MAY ONLY BE AVAILABLE FOR SALE WITH TENANTS IN SITU.Cook Residential is delighted to present this stunning five-bedroom investment property within easy reach of the town centre. Spanning three storeys, this spacious property benefits from a basement bedroom, a generous living area, and a low-maintenance courtyard garden. Offered as an investment opportunity, full details can be provided upon request.
Entrance Hall: Upon entering, you are welcomed into a hallway that offers access to all ground-floor rooms, the first floor, and the lower ground floor, as well as a ground-floor bedroom at the front of the property. Ground Floor:

  • Bedroom: Situated at the front of the property, can be used as an additional reception room if required.

  • Sitting Room: A comfortable space with access to the kitchen, ideal for gatherings and relaxation.

  • Kitchen: This galley-style kitchen features wooden wall and base unit cabinets with granite-effect countertops. There is space for a cooker, cooker hood, washing machine, and full-size fridge freezer.

  • Shower Room: Located at the rear of the kitchen, providing convenience on the ground floor.

    **

    Basement:**

  • Bedroom: A good space for a bedroom offering privacy and space for a double bed..

**
First Floor:**

  • Bedroom One: A spacious room offering privacy and comfort.

  • Bedroom Two: Another generous bedroom, with space for a double bed.

  • Bedroom Three: Cozy bedroom with space for a double bed.

    Courtyard Garden: Outside, the property boasts a low-maintenance courtyard garden, perfect for outdoor relaxation and entertaining.

Parking: The property benefits from on-street parking, ensuring convenient access for residents.**

Additional Features:**

  • Period features throughout

  • Investment Property

  • Currently a Licensed HMO

    Viewing: A viewing is advised to fully appreciate this property's character and space.

    **

    Tenure:** Freehold

Council Tax Band: B

Annual Rental Income: Please enquire for detailsLocation: Cheltenham offers easy access to the A40 and M5 motorway. The town itself is a beautiful Regency Spa, famous for its festivals. It boasts a variety of local and high-street shops, eateries, bars, and art galleries, all attracting visitors from far and wide.Disclaimer: All information regarding the property details, including its position on Freehold, is to be confirmed between vendor and purchaser solicitors. All measurements are approximate and for guidance purposes only.
For more information or to arrange a viewing, please get in touch with Cook Residential.

EPC Rating: D

Agent Details

Cook Residential, Cheltenham

01242 339229

Next Steps?

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