# 2 bedroom penthouse for sale (GL50 2AJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 22, JUBILEE COURT, COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE GL50 2AJ |
| Price | £270,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Last sold | £270,000 Jan 2026 |

## Description

A bright and well-proportioned two bedroom, top floor retirement apartment situated within the popular Jubilee Court development. The accommodation offers a spacious living/dining room, kitchen, two bedrooms, and a shower room.

Jubilee Court provides a supportive and sociable environment, with the added security of warden assistance. Residents can enjoy the communal lounge, perfect for meeting neighbours or hosting small gatherings, and the lift ensures easy access to all floors. Outside, there are well-maintained communal gardens providing pleasant outdoor space, and non-allocated parking is available for residents and visitors.

This apartment represents a fantastic opportunity for those looking to enjoy a safe, convenient, and sociable retirement in a well-regarded location, with local amenities, shops, and transport links close at hand.

Cheltenham is often known as the gateway to the Cotswolds and famed for its extensive range of festivals, including National Hunt, literature, music, drama, science, food and drink and jazz.  

There are extensive modern shopping facilities within the town and a range of recreational and cultural amenities, including golf courses, racecourse, theatre and cinema.  

There are additional excellent communications to the other nearby centres via the M5 giving easy access to Bristol and Birmingham and there is a mainline railway station with services to London.

## Property Photos

- ![Picture No. 14](/listings/photos/167086415/986974) - Picture No. 14
- ![Picture No. 20](/listings/photos/167086415/986975) - Picture No. 20
- ![Picture No. 22](/listings/photos/167086415/986976) - Picture No. 22
- ![Picture No. 08](/listings/photos/167086415/986977) - Picture No. 08
- ![Picture No. 07](/listings/photos/167086415/986978) - Picture No. 07
- ![Picture No. 02](/listings/photos/167086415/986979) - Picture No. 02
- ![Picture No. 05](/listings/photos/167086415/986981) - Picture No. 05
- ![Picture No. 04](/listings/photos/167086415/986982) - Picture No. 04
- ![Picture No. 10](/listings/photos/167086415/986984) - Picture No. 10
- ![Picture No. 11](/listings/photos/167086415/986985) - Picture No. 11
- ![Picture No. 12](/listings/photos/167086415/986986) - Picture No. 12

## Floorplans

- ![Floorplan](/listings/photos/167086415/986987) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/167086415/986990) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| JUBILEE COURT FLAT 22 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £270,000 | 30/01/2026 | Flat |
| JUBILEE COURT FLAT 22 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £250,000 | 25/08/2017 | 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 |
|---------|-------|------|------|
| [Same street] JUBILEE COURT FLAT 26 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £210,000 | 03/12/2025 | Flat |
| GRATTON HOUSE GRATTON STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AS | £450,000 | 08/08/2025 | Other |
| 30 FLAT 4 MONTPELLIER VILLAS, CHELTENHAM, GLOUCESTERSHIRE, GL50 2XF | £296,500 | 28/09/2023 | Other |
| [Same street] JUBILEE COURT FLAT 9 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £140,000 | 03/07/2023 | Flat |
| [Same street] JUBILEE COURT FLAT 8 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £170,000 | 12/05/2023 | Flat |
| [Same street] JUBILEE COURT FLAT 16 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £265,000 | 13/01/2023 | Flat |
| [Same street] JUBILEE COURT FLAT 11 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £262,500 | 13/12/2022 | Flat |
| [Same street] JUBILEE COURT FLAT 15 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £273,000 | 30/09/2022 | Flat |
| 24 MONTPELLIER RETREAT, CHELTENHAM, GLOUCESTERSHIRE, GL50 2XG | £200,000 | 05/08/2022 | Other |
| 4 GREAT NORWOOD STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AN | £680,000 | 28/06/2022 | Other |
| 148 BATH ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL53 7NG | £550,000 | 24/06/2022 | Other |
| 146 BATH ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL53 7NG | £550,000 | 24/06/2022 | Other |
| [Same street] JUBILEE COURT FLAT 10 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £272,500 | 10/06/2022 | Flat |
| 42 SUFFOLK ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AQ | £450,000 | 12/04/2022 | Other |
| [Same street] JUBILEE COURT FLAT 6 COMMERCIAL STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 2AJ | £280,000 | 07/01/2022 | Flat |
| GLOUCESTER HOUSE, 109 - 111 BATH ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL53 7RA | £3,025,000 | 21/09/2021 | Other |

**Street average:** £234,125 (8 sales)
**Area average:** £775,188 (8 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £273,257 (7 Other, GL50, 2024–2026)
- **Deviation:** -1.2%

## 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):** £798/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 |
|------|------|------|------|------|
| 2 Bed Flat, Lypiatt Road, GL50 | £1,850/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Flat, London Road, GL52 | £2,800/mo | 2 | 0.72 miles | OpenRent |
| 2 Bed Bungalow, Treelands Drive, GL53 | £1,550/mo | 2 | 0.76 miles | OpenRent |
| 2 Bed Flat, Sydenham Road North, GL52 | £1,495/mo | 2 | 0.81 miles | OpenRent |

**Average rent: £1,924/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.63% (weak for cashflow)
- **Max investor price (0.8%):** £212,500
- **Target investor price (1%):** £170,000

*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 £1,700/mo).*

- **Gross yield:** 7.6%
- **Cost-to-rent:** 13.2×
- **Monthly cashflow:** £442/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.8%

*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:** -82.7%

## House Price Index (HM Land Registry)

*Official index for Cheltenham; All dwelling types series; as of April 2026.*

- **1y growth (index):** 4.8%
- **5y growth (index):** 17.8%
- **10y growth (index):** 42.1%

## 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)