# 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 |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 44 m² |
| Last sold | £118,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 02/09/2028
- **Current heating cost:** £655/year

### Recommendations
- A (350)
- A3 (2,700)
- Q (14,000)
- E (15)
- L2 (1,800)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0878-5038-6211-7028-5984)

## 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).*

## Price per Square Metre

- **£/m²:** £2,727/m²

## 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)
