GL51 3GB - 2 bedroom retirement property for sale in Pegasus Court, St…

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2 bedroom retirement property for sale in Pegasus Court, St. Stephens Road, Cheltenham, GL51

Summary - 17 Pegasus Court, St. Stephens Road GL51 3GB

2 bed 1 bath Retirement Property

Comfortable two-bedroom retirement terrace with garden, garage and active social life.
Over-60s development with full-time house manager and 24-hour emergency call system
Two double bedrooms with built-in storage and a modern shower room
Sunny southerly living/dining room with patio doors to private rear garden
Garage with power and off-road parking; communal gardens beautifully maintained
Leasehold: 110 years remaining; suitable for long-term retirement use
Service charge £4,032 pa (above average) and ground rent £812 pa (expensive)
Electric room heaters — likely higher running costs than gas central heating
Cavity walls assumed uninsulated — potential need for insulation/efficiency works
A well-presented two-bedroom retirement terrace positioned in a popular over-60s development, offering comfortable, low-maintenance living with private outdoor space. The house sits on a southerly plot overlooking manicured communal gardens and is within easy walking distance of local shops, Tivoli, Cheltenham Promenade and a bus stop directly outside.

Internally the home is practical and bright: entrance hall with cloakroom, a rear living/dining room with patio doors to the private garden, a well-equipped kitchen and two double bedrooms with built-in storage. The development provides useful communal facilities including a full-time house manager, 24-hour emergency call system, communal lounge with an active social programme and a guest suite for visitors.

Important practical points: the property is leasehold with 110 years remaining, a high annual service charge (£4,032) and a substantial ground rent (£812), and heating is by electric room heaters which can be more costly than gas alternatives. The building dates from the 1950s–1960s and walls are assumed to be uninsulated cavity construction, so buyers should consider energy-efficiency improvements.

This home suits retirees or downsizers seeking a social, managed development with private outside space and garage parking. It is offered with no onward chain, allowing a quicker move, but purchasers should budget for the service charge, ground rent and potential heating/insulation upgrades.

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