Sold STC Semi-detached

16 MILL HOUSE DRIVE

CHELTENHAM, GLOUCESTERSHIRE GL50 4RG

3 beds 1 baths 797 sq ft Listed 29 Mar 2025 (-454d)

£300,000

Guide Price

Save

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Property details

Tenure

FREEHOLD

Floor area

74 m²

Council tax band

C

EPC rating

C

Year built

England and Wales: 1967-1975

Last sold

£299,700 Dec 2025

Price per m²

£4,054/m²

Local average

£541,403 (-44.6%)

Deprivation

Decile 9 (30,153 of 33,755)

Street crime

0 incidents within 1 mile (Apr 2026)

Key features

  • NO ONWARD CHAIN!
  • Open Plan Kitchen/Diner
  • Super Condition
  • Garage
  • Pretty Garden
  • Lovely Location
  • Chain Free

Additional details

Parking
Yes
Garden
Yes

Description

A charming home in a popular area of Cheltenham, with super proximity to the Town Centre and great access to commuting links, offered with no onward chain.

Full Description - Entering the property into a useful hallway, we then find a cosy reception room.
With a large window offering ample light, and in super decorative order, this is a lovely space to curl up in and relax. Double doors lead into the open plan kitchen diner, allowing you separate feel or indeed allowing a social flow from one room into the other should you be entertaining!
The kitchen is a bright space with room for dining, or a further cosy seating area if you wish.
This room also provides access into that lovely garden, and a patio area for further entertaining.

Upstairs the property houses three bedrooms, two generous doubles and a further, smaller, third. These are serviced by a tidy family bathroom to the rear of the property.

Externally, the property benefits from a garage, parking, and a super garden which has been sectioned to allow for multiple areas of enjoyment.

This is a really lovely property, viewing is highly recommended to appreciate all it has to offer.













Further Information - Tenure: Freehold

Services: Mains gas, electricity, water and drainage. Gas central heating.

Local Authority: Cheltenham Borough Council Tel.

Council Tax Band: C

Key Facts for Buyers:

Listed by

Cheltenham

MORGAN ASSOCIATES (CHELTENHAM) LIMITED

Reference: 159989780

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 13/01/2025

Expiry date: 12/01/2035

Current heating cost: £682/year

Potential heating cost: £442/year

Est. upgrade cost to C: £16,600

Recommendations

  • Room-in-roof insulation (£1,500 - £2,700)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Final_1159625_16-Mill-House-D_160125172648065.jpg

Final_1159625_16-Mill-House-D_160125172648065.jpg

EPC Graphs

EE Rating

EE Rating

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #17218144 Recent

Property Details

Street: 16 Mill House Drive

Town: CHELTENHAM

Postcode: GL50 4RG

Installation Details

Items: 5 windows

Certificate Issued: 22/03/2026

Work Completed: 13/03/2026

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 04/12/2025 (6 months ago) £299,700

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
64 WINDYRIDGE GARDENS, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SY £290,000 15/01/2026 Semi-detached
175 MANDARIN WAY, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RT £286,500 07/01/2026 Semi-detached
Same street 1 MILL HOUSE DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RG £290,000 21/07/2025 Semi-detached
71 MEDOC CLOSE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SP £239,220 31/10/2023 Semi-detached
6 YEW TREE CLOSE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RQ £282,000 12/10/2023 Semi-detached
10 SENECA WAY, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SG £345,000 18/09/2023 Semi-detached
159 MANDARIN WAY, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RT £280,000 15/09/2023 Semi-detached
47 MANDARIN WAY, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RR £270,000 01/08/2023 Semi-detached
70 WINDYRIDGE GARDENS, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SY £260,000 21/07/2023 Semi-detached
121 MANDARIN WAY, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RS £285,000 28/04/2023 Semi-detached
33 ST NICHOLAS DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RY £500,000 08/12/2022 Semi-detached
34 GOLDEN MILLER ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RD £317,500 14/11/2022 Semi-detached
11 LIMBER HILL, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RJ £325,500 28/10/2022 Semi-detached
6 KERSTIN CLOSE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SA £300,000 26/08/2022 Semi-detached
80 WINDYRIDGE GARDENS, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SZ £210,000 10/08/2022 Semi-detached
29 FORTINA CLOSE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RB £257,000 29/07/2022 Semi-detached
36 COTTAGE RAKE AVENUE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RH £230,000 07/07/2022 Semi-detached
64 MEDOC CLOSE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SP £255,000 01/07/2022 Semi-detached
56 MEDOC CLOSE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SP £285,000 30/06/2022 Semi-detached
98 WINDYRIDGE GARDENS, CHELTENHAM, GLOUCESTERSHIRE, GL50 4SZ £283,000 28/06/2022 Semi-detached
99 MANDARIN WAY, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RS £165,000 24/06/2022 Semi-detached
Same street 26 MILL HOUSE DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RG £355,000 23/06/2022 Semi-detached

Street average: £322,500 (2 sales)

Area average: £283,286 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -20.8%
10y growth 40%

House Price Index (HM Land Registry — official index, not sold-price averages): Cheltenham. Series: Semi-detached. As of March 2026.

1y (index) 3.3%
5y (index) 18.7%
10y (index) 47.8%

Rental Range

Estimated market rent for Cheltenham. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,124/mo
Realistic £1,249/mo
Optimistic £1,374/mo

Based on Local Authority from postcode lookup → Cheltenham.

LHA (30th percentile) floor for Cheltenham: £997/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Roman Hackle Ave 0.1 miles
Shop Windyridge Stores 0.2 miles
Shop Co-op Food 0.2 miles
University Francis Close Hall 0.8 miles
Train station Cheltenham Racecourse 0.8 miles
University Pittville Student Village 0.9 miles
Train station Cheltenham Spa 1.6 miles
Hospital NHS Records Office 1.8 miles
Hospital Estates Workshop 1.9 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Gardners Lane Primary School Primary 0.5 miles Good — 22 Jul 2014
Swindon Village Primary School Primary 0.6 miles Good — 4 Feb 2014
Dunalley Primary School Primary 0.8 miles Good — 8 Mar 2023
Pittville School Secondary 0.9 miles Good — 8 Jul 2019
Gloucester Road Primary School Primary 0.9 miles Outstanding — 28 Jul 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Semi-Detached House, Cheltenham, GL51 £1,600/mo 3 0.89 miles OpenRent

Average rent: £1,600/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.53%
Max investor price (0.8%) £200,000
Target investor price (1%) £160,000
Gross yield 6.4%
Cost-to-rent ratio 15.6×
Monthly cashflow £234/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 3.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).