# 3 bedroom semi-detached house for sale (GL50 4RG) ## Property Details | Key | Value | |-----|-------| | Address | 16 MILL HOUSE DRIVE, CHELTENHAM, GLOUCESTERSHIRE GL50 4RG | | Price | £300,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | C | | Construction age | England and Wales: 1967-1975 | | Floor area | 74 m² | | Last sold | £299,700 Dec 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 12/01/2035 - **Current heating cost:** £682/year - **Est. upgrade cost to C:** £16,600 ### Recommendations - A3 (£1,500 - £2,700) - W2 (£4,000 - £6,000) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0380-2447-9490-2695-2561) ## 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: ## Property Photos - ![Ext.JPG](/listings/photos/159989780/738723) - Ext.JPG - ![Living (2).jpg](/listings/photos/159989780/738724) - Living (2).jpg - ![Living (3).jpg](/listings/photos/159989780/738725) - Living (3).jpg - ![Living (4).jpg](/listings/photos/159989780/738726) - Living (4).jpg - ![Living (5).jpg](/listings/photos/159989780/738727) - Living (5).jpg - ![Living.jpg](/listings/photos/159989780/738728) - Living.jpg - ![Living (6).jpg](/listings/photos/159989780/738729) - Living (6).jpg - ![Kitchen.jpg](/listings/photos/159989780/738730) - Kitchen.jpg - ![Kitchen Diner (2).jpg](/listings/photos/159989780/738731) - Kitchen Diner (2).jpg - ![Kitchen Diner.jpg](/listings/photos/159989780/738732) - Kitchen Diner.jpg - ![Kitchen (3).jpg](/listings/photos/159989780/738733) - Kitchen (3).jpg - ![Kitchen (2).jpg](/listings/photos/159989780/738734) - Kitchen (2).jpg - ![Kitchen (4).jpg](/listings/photos/159989780/738735) - Kitchen (4).jpg - ![Kitchen (5).jpg](/listings/photos/159989780/738736) - Kitchen (5).jpg - ![Kitchen (7).jpg](/listings/photos/159989780/738737) - Kitchen (7).jpg - ![Kitchen (6).jpg](/listings/photos/159989780/738738) - Kitchen (6).jpg - ![Hallway (3).jpg](/listings/photos/159989780/738739) - Hallway (3).jpg - ![Hallway.jpg](/listings/photos/159989780/738740) - Hallway.jpg - ![Landing.jpg](/listings/photos/159989780/738741) - Landing.jpg - ![Bed 1 (2).jpg](/listings/photos/159989780/738742) - Bed 1 (2).jpg - ![Bed 1 (3).jpg](/listings/photos/159989780/738743) - Bed 1 (3).jpg - ![Bed 1 (4).jpg](/listings/photos/159989780/738744) - Bed 1 (4).jpg - ![Bed 1 (6).jpg](/listings/photos/159989780/738745) - Bed 1 (6).jpg - ![Bed 1 (7).jpg](/listings/photos/159989780/738746) - Bed 1 (7).jpg - ![Bed 1 (8).jpg](/listings/photos/159989780/738747) - Bed 1 (8).jpg - ![Bathroom (2).jpg](/listings/photos/159989780/738748) - Bathroom (2).jpg - ![Bathroom (3).jpg](/listings/photos/159989780/738749) - Bathroom (3).jpg - ![Bed 2 (2).jpg](/listings/photos/159989780/738750) - Bed 2 (2).jpg - ![Bed 2 (4).jpg](/listings/photos/159989780/738751) - Bed 2 (4).jpg - ![Bed 2 (5).jpg](/listings/photos/159989780/738752) - Bed 2 (5).jpg - ![Bed 3 (2).jpg](/listings/photos/159989780/738753) - Bed 3 (2).jpg - ![Bed 3.jpg](/listings/photos/159989780/738754) - Bed 3.jpg - ![Garden (2).jpg](/listings/photos/159989780/738755) - Garden (2).jpg - ![Garden (3).jpg](/listings/photos/159989780/738756) - Garden (3).jpg - ![Garden (4).jpg](/listings/photos/159989780/738757) - Garden (4).jpg - ![Garden (5).jpg](/listings/photos/159989780/738758) - Garden (5).jpg - ![Garden (7).jpg](/listings/photos/159989780/738759) - Garden (7).jpg - ![Garden (8).jpg](/listings/photos/159989780/738760) - Garden (8).jpg - ![Garden.jpg](/listings/photos/159989780/738761) - Garden.jpg ## Floorplans - ![Final_1159625_16-Mill-House-D_160125172648065.jpg](/listings/photos/159989780/738762) - Final_1159625_16-Mill-House-D_160125172648065.jpg ## EPC Graphs - ![EE Rating](/listings/photos/159989780/738763) - EE Rating ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #17218144 - **Address:** 16 Mill House Drive, CHELTENHAM, GL50 4RG - **Certificate Issued:** 22/03/2026 - **Work Completed:** 13/03/2026 - **Items:** 5 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 16 MILL HOUSE DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL50 4RG | £299,700 | 04/12/2025 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £541,403 (14 Semi-detached, GL50, 2024–2026) - **Deviation:** -44.6% ## Rental Range *ONS Price Index of Private Rents (Cheltenham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,124/mo - **Realistic:** £1,249/mo - **Optimistic:** £1,374/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Cheltenham (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £997/mo ## 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)** ## 1% Rule - **Rent ratio:** 0.53% (weak for cashflow) - **Max investor price (0.8%):** £200,000 - **Target investor price (1%):** £160,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,600/mo).* - **Gross yield:** 6.4% - **Cost-to-rent:** 15.6× - **Monthly cashflow:** £234/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3.2% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £4,054/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -20.8% - **10y growth:** 40% ## House Price Index (HM Land Registry) *Official index for Cheltenham; Semi-detached series; as of March 2026.* - **1y growth (index):** 3.3% - **5y growth (index):** 18.7% - **10y growth (index):** 47.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)