Sold STC Flat

Flat 5

THE GATE HOUSE, EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE GL52 3JE

2 beds 1 baths 68 m² Listed 17 Feb 2022 (-1669d)

£275,000

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# 2 bedroom apartment for sale (GL52 3JE)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 5, THE GATE HOUSE, EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE GL52 3JE |
| Price | £275,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £290,000 Apr 2026 |

## Description

**** **** A well presented two bedroom apartment located in the heart of Pittvile next to the iconic Pump Rooms and Pittville Park. This property would be ideal for a single professional or couple and comprises: Entrance hallway, kitchen, two double bedrooms, bathroom with shower over. This property also benefits from off road allocated parking and gas central heating.

## Property Photos

- ![Photo](/listings/photos/120130499/2070095)
- ![Photo](/listings/photos/120130499/2070096)
- ![Photo](/listings/photos/120130499/2070097)
- ![Photo](/listings/photos/120130499/2070098)
- ![Photo](/listings/photos/120130499/2070099)
- ![Photo](/listings/photos/120130499/2070100)
- ![Photo](/listings/photos/120130499/2070101)

## Floorplans

- ![Floorplan 1](/listings/photos/120130499/2070102) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/120130499/2070103) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE GATE HOUSE FLAT 5 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £290,000 | 02/04/2026 | Flat |
| THE GATE HOUSE FLAT 5 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £277,000 | 12/05/2022 | Flat |
| THE GATE HOUSE FLAT 5 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £152,000 | 03/09/2012 | 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 |
|---------|-------|------|------|
| 9 ST ARVANS COURT, CHELTENHAM, GLOUCESTERSHIRE, GL52 3AA | £275,000 | 08/08/2025 | Flat |
| PITTVILLE COURT 2 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA | £390,000 | 26/03/2025 | Flat |
| PITTVILLE COURT 6 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA | £265,000 | 15/12/2023 | Flat |
| ALBERT HOUSE APARTMENT 3 PITTVILLE PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3HZ | £595,000 | 05/05/2023 | Flat |
| THE GRANGE 2 EVESHAM ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3AE | £600,000 | 15/02/2023 | Flat |
| THE GATE HOUSE FLAT 1 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £270,280 | 25/11/2022 | Flat |
| PITTVILLE COURT 32 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA | £265,000 | 14/11/2022 | Flat |
| LAKESIDE COURT FLAT 3 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £276,000 | 11/10/2022 | Flat |
| MALVERN HILL HOUSE FLAT 12 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £150,000 | 27/09/2022 | Flat |
| MALVERN HILL HOUSE FLAT 9 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £205,000 | 16/09/2022 | Flat |
| THE GATE HOUSE FLAT 2 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £280,000 | 19/08/2022 | Flat |
| ELLERSLIE HOUSE, 108 FLAT 2 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JB | £420,000 | 02/07/2022 | Flat |
| BROMPTON HOUSE FLAT 4 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £330,000 | 24/06/2022 | Flat |
| ALBERT HOUSE APARTMENT 5 PITTVILLE PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3HZ | £550,000 | 07/04/2022 | Flat |
| VICTORIA HOUSE APARTMENT 16 PITTVILLE PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3HZ | £770,000 | 07/02/2022 | Flat |
| PITTVILLE COURT 7 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA | £260,000 | 31/01/2022 | Flat |
| MALVERN HILL HOUSE FLAT 8 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE | £208,000 | 28/01/2022 | Flat |
| ELM COURT 18 HILLCOURT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JU | £215,000 | 01/11/2021 | Flat |
| ELM COURT 2 HILLCOURT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JU | £187,500 | 25/10/2021 | Flat |
| PITTVILLE COURT 15 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA | £265,000 | 30/09/2021 | Flat |

**Area average:** £338,839 (20 sales)

## Price vs local average

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

- **Local average:** £215,318 (39 Flat, GL52, 2024–2026)
- **Deviation:** +27.7%

## Rental Range

*ONS Price Index of Private Rents (Cheltenham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,133/mo
- **Realistic:** £1,259/mo
- **Optimistic:** £1,385/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, New Barn Avenue, GL52 | £1,050/mo | 2 | 0.48 miles | OpenRent |

**Average rent: £1,050/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £131,250
- **Target investor price (1%):** £105,000

*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 £1,050/mo).*

- **Gross yield:** 4.6%
- **Cost-to-rent:** 21.8×
- **Monthly cashflow:** £-163/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.5%

*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:** 23.1%
- **10y growth:** -3.6%

## House Price Index (HM Land Registry)

*Official index for Cheltenham; Flats and maisonettes series; as of June 2026.*

- **1y growth (index):** 0.4%
- **5y growth (index):** 3.1%
- **10y growth (index):** 22.4%

## 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)

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

68 m²

Last sold

£290,000 Apr 2026

Local average

£215,318 (+27.7%)

Deprivation

Decile 9 (29,628 of 33,755)

Street crime

0 incidents within 1 mile (Jul 2026)

Key features

First Floor Apartment
Two Double Bedrooms
Separate Kitchen
Modern Kitchen and Bathroom
Period Features
Located in the Heart of Pittville
Allocated and Off Road Parking
Gas Central Heating
Share of Freehold
No Onward Chain

Additional details

Parking: Yes, On street, Off street, Allocated

Description

** ** A well presented two bedroom apartment located in the heart of Pittvile next to the iconic Pump Rooms and Pittville Park. This property would be ideal for a single professional or couple and comprises: Entrance hallway, kitchen, two double bedrooms, bathroom with shower over. This property also benefits from off road allocated parking and gas central heating.

Listed by

Cheltenham

Elliot Oliver Sales and Lettings Limited

Reference: 120130499

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address	Current	Potential	Floor area	Age band	Type
Flat 5 The Gate House, East Approach Drive, CHELTENHAM	67	80	68 m²	England and Wales: before 1900	Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location is outside the imported HM Land Registry INSPIRE registered freehold polygons.

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

91% since 2012

Event	Date	Price	% change
Sold	02/04/2026 (5 months ago)	£290,000	+4.7%
Sold	12/05/2022 (4 years ago)	£277,000	+82.2%
Sold	03/09/2012 (14 years ago)	£152,000	—

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
9 ST ARVANS COURT, CHELTENHAM, GLOUCESTERSHIRE, GL52 3AA	£275,000	08/08/2025	Flat
PITTVILLE COURT 2 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA	£390,000	26/03/2025	Flat
PITTVILLE COURT 6 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA	£265,000	15/12/2023	Flat
ALBERT HOUSE APARTMENT 3 PITTVILLE PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3HZ	£595,000	05/05/2023	Flat
THE GRANGE 2 EVESHAM ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3AE	£600,000	15/02/2023	Flat
THE GATE HOUSE FLAT 1 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE	£270,280	25/11/2022	Flat
PITTVILLE COURT 32 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA	£265,000	14/11/2022	Flat
LAKESIDE COURT FLAT 3 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE	£276,000	11/10/2022	Flat
MALVERN HILL HOUSE FLAT 12 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE	£150,000	27/09/2022	Flat
MALVERN HILL HOUSE FLAT 9 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE	£205,000	16/09/2022	Flat
THE GATE HOUSE FLAT 2 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE	£280,000	19/08/2022	Flat
ELLERSLIE HOUSE, 108 FLAT 2 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JB	£420,000	02/07/2022	Flat
BROMPTON HOUSE FLAT 4 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE	£330,000	24/06/2022	Flat
ALBERT HOUSE APARTMENT 5 PITTVILLE PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3HZ	£550,000	07/04/2022	Flat
VICTORIA HOUSE APARTMENT 16 PITTVILLE PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3HZ	£770,000	07/02/2022	Flat
PITTVILLE COURT 7 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA	£260,000	31/01/2022	Flat
MALVERN HILL HOUSE FLAT 8 EAST APPROACH DRIVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JE	£208,000	28/01/2022	Flat
ELM COURT 18 HILLCOURT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JU	£215,000	01/11/2021	Flat
ELM COURT 2 HILLCOURT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JU	£187,500	25/10/2021	Flat
PITTVILLE COURT 15 ALBERT ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL52 3JA	£265,000	30/09/2021	Flat

Area average: £338,839 (20 sales)

Capital growth trend

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

5y growth 23.1%

10y growth -3.6%

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

1y (index) 0.4%

5y (index) 3.1%

10y (index) 22.4%

Rental Range

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

Low £1,133/mo

Realistic £1,259/mo

Optimistic £1,385/mo

Based on Local Authority from postcode lookup → Cheltenham.

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

Location

Map view View on Google Maps View on OpenStreetMap Street View GL52 3JE

Address

East Approach Drive

Nearby

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

Type	Name	Distance
Bus stop	Pittville School	0.1 miles
University	Pittville Student Village	0.2 miles
Shop	The Boathouse	0.2 miles
University	Francis Close Hall	0.7 miles
Train station	Cheltenham Racecourse	0.8 miles
Hospital	NHS Records Office	1.4 miles
Hospital	Estates Workshop	1.4 miles
Train station	Cheltenham Spa	1.8 miles

Street-level crime

Category	Count
Total incidents	0

Within 1 mile during Jul 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
Pittville School	Secondary	0.1 miles	Good — 8 Jul 2019
Dunalley Primary School	Primary	0.4 miles	Good — 8 Mar 2023
Oakwood Primary School	Primary	0.7 miles	Requires improvement — 10 Jun 2024
Holy Trinity Church of England Primary School	Primary	0.7 miles	Requires improvement — 9 Mar 2023
Berkhampstead School	Other	0.8 miles	— (No rating)

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, New Barn Avenue, GL52	£1,050/mo	2	0.48 miles	OpenRent

Average rent: £1,050/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.38%

Max investor price (0.8%) £131,250

Target investor price (1%) £105,000

Gross yield 4.6%

Cost-to-rent ratio 21.8×

Monthly cashflow £-163/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -2.5%

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).

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