Sold STC Flat

FLAT 1

35 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE GL52 2SQ

1 beds 1 baths 44 m² Listed 29 Jan 2025 (-538d)

£120,000

Reduced on 28 Mar 2025

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# 1 bedroom apartment for sale (GL52 2SQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 35 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE GL52 2SQ |
| Price | £120,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £118,000 Feb 2026 |

## Description

A unique first floor split level apartment, coming to the market with NO ONWARD CHAIN in need of some modernisation.

Accommodation provides a shower room, an ample sized bedroom with a large window letting in lots of light. Further down the hallway is a living/dining area, with high ceilings. A kitchen that provides bar seating. The second floor offers a loft room with built-in eaves storage which is a fantastic addition to space. There is a Velux window in the loft that provides plenty of light for the space.

Further benefits include electric heating, UPVC double glazed windows, modern shopping facilities within the town and amazing transport links.

Lease - 999 years from 29th September 1988. The cost of any repairs/maintenance are split between the two flats as and when.

## Property Photos

- ![Front](/listings/photos/157509782/1187581) - Front
- ![Living Room](/listings/photos/157509782/1187582) - Living Room
- ![Kitchen](/listings/photos/157509782/1187583) - Kitchen
- ![Bedroom One](/listings/photos/157509782/1187584) - Bedroom One
- ![Loft Room](/listings/photos/157509782/1187585) - Loft Room
- ![Shower Room](/listings/photos/157509782/1187586) - Shower Room
- ![Staircase](/listings/photos/157509782/1187587) - Staircase
- ![Loft Space/Landing](/listings/photos/157509782/1187588) - Loft Space/Landing

## Floorplans

- ![Floor Plan](/listings/photos/157509782/1187589) - Floor Plan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/157509782/1187590) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 35 FLAT 1 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ | £118,000 | 06/02/2026 | 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 |
|---------|-------|------|------|
| [Same street] BASEMENT FLAT, 58 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ | £184,950 | 18/02/2025 | Flat |
| DENMARK HOUSE FLAT 2 DEVONSHIRE STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LS | £112,000 | 01/12/2023 | Flat |
| 373 FIRST FLOOR FLAT HIGH STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3HT | £79,950 | 02/08/2023 | Flat |
| SOMERSET HOUSE FLAT 5 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ | £85,000 | 19/12/2022 | Flat |
| [Same street] 37 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ | £325,000 | 30/11/2022 | Semi-detached |
| SOMERSET HOUSE FLAT 13 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ | £72,500 | 28/11/2022 | Flat |
| 19 FLAT 7 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW | £210,000 | 13/07/2022 | Flat |
| BLAKE HOUSE, 23 FLAT 2 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QH | £165,000 | 27/06/2022 | Flat |
| [Same street] 29 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ | £325,000 | 07/06/2022 | Terraced |
| 19 FLAT 2 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW | £133,000 | 27/05/2022 | Flat |
| SOMERSET HOUSE FLAT 22 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ | £70,000 | 06/05/2022 | Flat |
| [Same street] 15 FLAT 3 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ | £115,000 | 22/04/2022 | Flat |
| 17 FLAT D AMBROSE STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LG | £215,000 | 25/02/2022 | Flat |
| [Same street] 15 FLAT 2 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ | £100,000 | 05/01/2022 | Flat |
| ST JAMES COURT FLAT 3 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ | £120,000 | 29/10/2021 | Flat |
| [Same street] 21 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ | £395,000 | 18/10/2021 | Semi-detached |
| SPENCER COURT FLAT 9 PARK STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3NQ | £135,000 | 30/09/2021 | Flat |
| 27B NEW STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LN | £186,000 | 20/09/2021 | Flat |
| 19 FLAT 6 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW | £130,000 | 03/09/2021 | Flat |
| ST JAMES COURT FLAT 11 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ | £120,000 | 27/08/2021 | Flat |

**Street average:** £240,825 (6 sales)
**Area average:** £130,961 (14 sales)

## Price vs local average

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

- **Local average:** £214,292 (39 Flat, GL52, 2024–2026)
- **Deviation:** -44%

## 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, St. Pauls Road, GL50 | £1,200/mo | 1 | 0.32 miles | OpenRent |

**Average rent: £1,200/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1% (strong)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*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 £1,200/mo).*

- **Gross yield:** 12%
- **Cost-to-rent:** 8.3×
- **Monthly cashflow:** £582/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 20.1%

*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:** -29.4%
- **10y growth:** 24.6%

## 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)

Front Living Room Kitchen Bedroom One Loft Room Shower Room Staircase Loft Space/Landing

/ 8

Property details

Tenure

SHARE_OF_FREEHOLD (961 years remaining on lease)

Floor area

44 m²

Council tax band

Last sold

£118,000 Feb 2026

Local average

£214,292 (-44%)

Deprivation

Decile 5 (15,971 of 33,755)

Street crime

1 incident within 1 mile (May 2026)

Key features

Split Level Apartment
One Bedroom
Loft Space
Generous Living /Dining Room
Kitchen
Shower Room
NO ONWARD CHAIN

Additional details

Parking: On street, Permit

Description

A unique first floor split level apartment, coming to the market with NO ONWARD CHAIN in need of some modernisation.

Accommodation provides a shower room, an ample sized bedroom with a large window letting in lots of light. Further down the hallway is a living/dining area, with high ceilings. A kitchen that provides bar seating. The second floor offers a loft room with built-in eaves storage which is a fantastic addition to space. There is a Velux window in the loft that provides plenty of light for the space.

Further benefits include electric heating, UPVC double glazed windows, modern shopping facilities within the town and amazing transport links.

Lease - 999 years from 29th September 1988. The cost of any repairs/maintenance are split between the two flats as and when.

Listed by

Cheltenham

Leaders and Romans Group

Reference: 157509782

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	06/02/2026 (5 months ago)	£118,000	—

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 BASEMENT FLAT, 58 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ	£184,950	18/02/2025	Flat
DENMARK HOUSE FLAT 2 DEVONSHIRE STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LS	£112,000	01/12/2023	Flat
373 FIRST FLOOR FLAT HIGH STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3HT	£79,950	02/08/2023	Flat
SOMERSET HOUSE FLAT 5 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ	£85,000	19/12/2022	Flat
Same street 37 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ	£325,000	30/11/2022	Semi-detached
SOMERSET HOUSE FLAT 13 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ	£72,500	28/11/2022	Flat
19 FLAT 7 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW	£210,000	13/07/2022	Flat
BLAKE HOUSE, 23 FLAT 2 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QH	£165,000	27/06/2022	Flat
Same street 29 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ	£325,000	07/06/2022	Terraced
19 FLAT 2 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW	£133,000	27/05/2022	Flat
SOMERSET HOUSE FLAT 22 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ	£70,000	06/05/2022	Flat
Same street 15 FLAT 3 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ	£115,000	22/04/2022	Flat
17 FLAT D AMBROSE STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LG	£215,000	25/02/2022	Flat
Same street 15 FLAT 2 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ	£100,000	05/01/2022	Flat
ST JAMES COURT FLAT 3 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ	£120,000	29/10/2021	Flat
Same street 21 GROSVENOR STREET, CHELTENHAM, GLOUCESTERSHIRE, GL52 2SQ	£395,000	18/10/2021	Semi-detached
SPENCER COURT FLAT 9 PARK STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3NQ	£135,000	30/09/2021	Flat
27B NEW STREET, CHELTENHAM, GLOUCESTERSHIRE, GL50 3LN	£186,000	20/09/2021	Flat
19 FLAT 6 ST PAULS STREET SOUTH, CHELTENHAM, GLOUCESTERSHIRE, GL50 4AW	£130,000	03/09/2021	Flat
ST JAMES COURT FLAT 11 KNAPP ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 3QQ	£120,000	27/08/2021	Flat

Street average: £240,825 (6 sales)

Area average: £130,961 (14 sales)

Capital growth trend

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

5y growth -29.4%

10y growth 24.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Cheltenham. Series: Flats and maisonettes. As of April 2026.

1y (index) 1.2%

5y (index) 7.2%

10y (index) 27%

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: £623/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View GL52 2SQ

Nearby

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

Type	Name	Distance
Shop	J.P.M Motors	0.0 miles
Shop	Unknown	0.0 miles
Bus stop	Grove Street	0.0 miles
University	Francis Close Hall	0.2 miles
Train station	Cheltenham Spa	0.9 miles
Hospital	NHS Records Office	1.0 miles
Hospital	Estates Workshop	1.0 miles
University	Pittville Student Village	1.1 miles
Train station	Cheltenham Racecourse	1.6 miles

Street-level crime

Category	Count
Violence and sexual offences	1
Total incidents	1

Within 1 mile during May 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
The Catholic School of Saint Gregory the Great	Primary	0.1 miles	Good — 22 Nov 2023
Gloucestershire Hospital Education Service	Other	0.3 miles	Outstanding — 30 Nov 2012
Gloucester Road Primary School	Primary	0.4 miles	Outstanding — 28 Jul 2017
Cheltenham Ladies' College	Other	0.4 miles	— (No rating)
Christ Church CofE Primary School	Primary	0.4 miles	Outstanding — 23 Jan 2024

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, St. Pauls Road, GL50	£1,200/mo	1	0.32 miles	OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1%

Max investor price (0.8%) £150,000

Target investor price (1%) £120,000

Gross yield 12%

Cost-to-rent ratio 8.3×

Monthly cashflow £582/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 20.1%

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).