# 1 bedroom apartment for sale (GL50 4AF) ## Property Details | Key | Value | |-----|-------| | Address | 9, WESLEY HOUSE, ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE GL50 4AF | | Price | £220,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | A | | Last sold | £205,000 Mar 2026 | ## Description A beautifully designed one-bedroom duplex apartment located within a grand Grade II listed building in the heart of Cheltenham. Finished to a high standard throughout, this stylish home combines elegant period architecture with modern luxury — complete with secure underground parking. Nestled within one of Cheltenham’s most distinguished Grade II listed buildings, this exceptional duplex apartment offers an enviable combination of heritage elegance and modern comfort. The property spans two floors, creating a wonderful sense of space and light throughout. The open-plan kitchen and dining area features classic shaker-style cabinetry, marble-effect worktops, and integrated appliances. There’s ample space for dining and entertaining, making this a sociable and stylish hub of the home. From here, double doors open into a bright and inviting living room, tastefully decorated in neutral tones. The layout flows beautifully, offering a comfortable and versatile living space. Upstairs, the bedroom exudes luxury — boasting soaring ceilings, ornate chandeliers, and arched Georgian-style windows that fill the room with natural light. The generous proportions provide plenty of room for storage and a king-sized bed. The modern bathroom is equally impressive, featuring marble-style tiling, a sleek vanity unit, and a shower-over-bath arrangement with contemporary fixtures. The apartment further benefits from a secure underground parking space, a highly sought-after feature in Cheltenham’s vibrant town centre. Residents also enjoy a secure communal entrance and beautifully maintained shared areas. Perfectly positioned close to Montpellier, The Promenade, and Cheltenham town centre, this property offers easy access to boutique shops, cafés, restaurants, and the town’s famous festivals and parks. This unique home combines period grandeur, modern living, and unbeatable convenience — ideal for professionals, first-time buyers, or investors seeking something truly special in one of Cheltenham’s most iconic buildings. Tenure: Share of Freehold Service Charge: £1,600 per annum Council Tax Band: A ## Property Photos - ![Photo](/listings/photos/168137210/965250) - ![Photo](/listings/photos/168137210/965251) - ![Photo](/listings/photos/168137210/965252) - ![Photo](/listings/photos/168137210/965253) - ![Photo](/listings/photos/168137210/965254) - ![Photo](/listings/photos/168137210/965255) - ![Photo](/listings/photos/168137210/965256) - ![Photo](/listings/photos/168137210/965257) - ![Photo](/listings/photos/168137210/965258) - ![Photo](/listings/photos/168137210/965259) - ![Photo](/listings/photos/168137210/965260) - ![Photo](/listings/photos/168137210/965261) - ![Photo](/listings/photos/168137210/965262) - ![Photo](/listings/photos/168137210/965263) - ![Photo](/listings/photos/168137210/965264) - ![Photo](/listings/photos/168137210/965265) - ![Photo](/listings/photos/168137210/965266) - ![Photo](/listings/photos/168137210/965267) - ![Photo](/listings/photos/168137210/965268) ## Floorplans - ![Floorplan 1](/listings/photos/168137210/965269) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/168137210/965270) - EPC 1 - ![EPC 2](/listings/photos/168137210/965271) - EPC 2 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #14327396 - **Address:** 40 St. Georges Street, CHELTENHAM, GL50 4AF - **Certificate Issued:** 29/11/2020 - **Work Completed:** 18/11/2020 - **Items:** 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | WESLEY HOUSE 9 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £205,000 | 02/03/2026 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | WESLEY HOUSE 4 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £225,000 | 27/06/2025 | Flat | | 284 HIGH STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3HQ | £275,000 | 03/02/2025 | Flat | | THE ACADEMY FLAT 6 DUNALLEY STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AP | £228,500 | 13/12/2023 | Flat | | THE ACADEMY FLAT 9 DUNALLEY STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AP | £220,000 | 11/09/2023 | Flat | | 6 FLAT 3 JENNER WALK, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LD | £222,000 | 01/09/2023 | Flat | | 373 FIRST FLOOR FLAT HIGH STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3HT | £79,950 | 02/08/2023 | Flat | | SCHOOL HOUSE OXFORD PASSAGE FLAT 1 BENNINGTON STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4EF | £104,000 | 11/05/2023 | Flat | | WESLEY HOUSE 7 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £210,000 | 12/04/2023 | Flat | | 1 ST GEORGES SQUARE, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LJ | £145,000 | 21/12/2022 | Flat | | WESLEY HOUSE 15 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £220,000 | 20/12/2022 | Flat | | WESLEY HOUSE 1 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £220,000 | 16/12/2022 | Flat | | ST. GEORGES COURT, 23 FLAT 8 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £139,000 | 25/11/2022 | Flat | | SCHOOL HOUSE OXFORD PASSAGE FLAT 9 BENNINGTON STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4EF | £171,000 | 22/11/2022 | Flat | | WESLEY HOUSE 6 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £210,000 | 11/11/2022 | Flat | | WESLEY HOUSE 5 ST GEORGES STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AF | £208,500 | 04/11/2022 | Flat | | 24 FLAT H DUNALLEY STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AP | £200,000 | 13/10/2022 | Flat | | 19 FLAT 7 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW | £210,000 | 13/07/2022 | Flat | | 19 FLAT 2 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW | £133,000 | 27/05/2022 | Flat | | 17 FLAT 2 ST GEORGES PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LA | £142,000 | 16/03/2022 | Flat | | 17 FLAT D AMBROSE STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LG | £215,000 | 25/02/2022 | Flat | **Area average:** £188,898 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £304,705 (61 Flat, GL50, 2024–2026) - **Deviation:** -27.8% ## 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):** £623/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 | |------|------|------|------|------| | 1 Bed Flat, School House Oxford Passage, GL50 | £875/mo | 1 | 0.13 miles | OpenRent | | 1 Bed Flat, School House, GL50 | £900/mo | 1 | 0.14 miles | OpenRent | | 1 Bed Flat, Cambray Place, GL50 | £1,200/mo | 1 | 0.4 miles | OpenRent | **Average rent: £992/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.41% (weak for cashflow) - **Max investor price (0.8%):** £112,500 - **Target investor price (1%):** £90,000 *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 £900/mo).* - **Gross yield:** 4.9% - **Cost-to-rent:** 20.4× - **Monthly cashflow:** £-81/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.5% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -18% - **10y growth:** 29.6% ## House Price Index (HM Land Registry) *Official index for Cheltenham; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 1.2% - **5y growth (index):** 7.2% - **10y growth (index):** 27% ## 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)