Sold STC Terraced

11 ASHBEE CLOSE

CHELTENHAM, BISHOPS CLEEVE, GLOUCESTERSHIRE GL52 7AN

2 beds 2 baths 764 sq ft Listed 21 Aug 2025 (-307d)

£294,000

Reduced on 1 Oct 2025

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Property details

Tenure

FREEHOLD

Floor area

71 m²

Council tax band

C

EPC rating

B

Last sold

£286,500 Dec 2025

Price per m²

£4,141/m²

Local average

£359,299 (-18.2%)

Street crime

0 incidents within 1 mile (Apr 2026)

Key features

  • Contemporary Two Bedroom Home
  • Open Plan Accommodation
  • Two Bathrooms
  • Electric Car Charging
  • Beautifully Presented Throughout
  • Built By Spitfire
  • Air Source Heat Pump
  • NHBC Warranty

Additional details

Parking
Yes
Garden
Yes

Description

A superb modern two-bedroom home, built by Spitfire Homes, beautifully presented throughout and ideal as a first-time purchase or investment. Designed with contemporary living in mind, this stylish property also benefits from energy efficiency features and an electric car charging point.

The ground floor is open plan, creating a bright and versatile space. The sleek, modern kitchen is fitted with integrated appliances and offers plenty of room for dining, flowing through to the living area at the rear. Patio doors open directly onto the garden, making it perfect for entertaining and relaxed everyday living.Upstairs, there are two generous double bedrooms. The master benefits from a well-appointed ensuite shower room, while the second bedroom is served by a modern family bathroom.Externally, the property offers parking with electric vehicle charging, along with a landscaped rear garden that has been finished to a high standard.

Location – Bishops CleeveBishops Cleeve is a thriving village situated just north of Cheltenham, offering the perfect balance of modern amenities and a welcoming community feel. The village boasts a wide range of shops, cafés, pubs, and restaurants, as well as supermarkets, schools, and leisure facilities. It is surrounded by beautiful Cotswold countryside, providing plenty of opportunities for walking and outdoor activities.For commuters, Bishops Cleeve is ideally placed with easy access to Cheltenham, Tewkesbury, and Gloucester, as well as the M5 for connections further afield. With its excellent facilities and convenient location, Bishops Cleeve is a highly sought-after place to live, combining village charm with town and city access.

Listed by

Cheltenham

de Mel Property

Reference: 166058129

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 22/06/2023

Expiry date: 21/06/2033

Current heating cost: £278/year

Potential heating cost: £279/year

Est. upgrade cost to C: £9,500

Recommendations

  • 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

Floorplan 1

Floorplan 1

EPC Graphs

Energy Performance Certificate

Energy Performance Certificate

Price history

Event Date Price % change
Sold 15/12/2025 (6 months ago) £286,500

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
Same street 6 ASHBEE CLOSE, BISHOPS CLEEVE, CHELTENHAM, TEWKESBURY, GLOUCESTERSHIRE, GL52 7AN £525,000 28/07/2023 Other
Same street 5 ASHBEE CLOSE, BISHOPS CLEEVE, CHELTENHAM, TEWKESBURY, GLOUCESTERSHIRE, GL52 7AN £201,000 28/07/2023 Semi-detached
Same street 4 ASHBEE CLOSE, BISHOPS CLEEVE, CHELTENHAM, TEWKESBURY, GLOUCESTERSHIRE, GL52 7AN £201,000 28/07/2023 Semi-detached

Street average: £309,000 (3 sales)

Capital growth trend

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

5y growth 30.2%
10y growth 57.6%

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

1y (index) -0.4%
5y (index) 14.3%
10y (index) 38.6%

Rental Range

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

Low £1,111/mo
Realistic £1,234/mo
Optimistic £1,357/mo

Based on Postcode area GL → South West.

LHA (30th percentile) floor for Cheltenham: £798/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Lyndley Close 0.3 miles
Bus stop Lyndley Chase 0.3 miles
Shop Black Gold 0.7 miles
Shop Your Coop Food 0.7 miles
Train station Cheltenham Racecourse 1.7 miles
Train station Gotherington 2.4 miles
University Pittville Student Village 2.4 miles
University Hardwick Campus 2.6 miles
Hospital Cheltenham General Hospital 3.7 miles
Hospital NHS Records Office 3.8 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
Grangefield Primary School Primary 0.7 miles Good — 9 Sep 2024
Bishops Cleeve Primary Academy Primary 0.9 miles Good — 23 Apr 2018
Cleeve School Secondary 1.2 miles Good — 3 Nov 2019
Woodmancote School Primary 1.4 miles Good — 14 Jan 2013
Swindon Village Primary School Primary 1.6 miles Good — 4 Feb 2014

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
2 Bed Terraced House, Ashlea Meadow, GL52 £1,200/mo 2 0.3 miles OpenRent
2 Bed Terraced House, Meadow Lea, GL52 £1,000/mo 2 0.62 miles OpenRent
2 Bed Terraced House, Meadow Lea, GL52 £1,000/mo 2 0.66 miles OpenRent
2 Bed Terraced House, Icombe Close, GL52 £1,000/mo 2 0.71 miles OpenRent
2 Bed Terraced House, Bramble Chase, GL52 £1,200/mo 2 0.73 miles OpenRent
2 Bed Semi-Detached House, West Way, GL52 £1,100/mo 2 0.83 miles OpenRent
2 Bed Flat, Bishops Cleeve, GL52 £1,130/mo 2 0.84 miles OpenRent
2 Bed Maisonette, Bluebell Court, GL52 £975/mo 2 0.86 miles OpenRent

Average rent: £1,076/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%
Max investor price (0.8%) £131,250
Target investor price (1%) £105,000
Gross yield 4.3%
Cost-to-rent ratio 23.3×
Monthly cashflow £-238/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.3%
  • 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).