# 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 |
| Construction age | England and Wales: before 1900 |
| Floor area | 68 m² |
| Last sold | £290,000 Apr 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 03/04/2029
- **Current heating cost:** £497/year

### Recommendations
- Q (14,000)
- E (30)
- O (6,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0367-2804-6447-9401-3911)

## 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).*

## Price per Square Metre

- **£/m²:** £4,044/m²

## 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)