Summary - 128, Prestbury Road GL52 2DP
3 bed 3 bath Block of Apartments
Town‑centre freehold block of three one‑bed flats with parking and refurbishment potential..
Freehold sale of entire building comprising three one‑bed flats
Ground‑floor garden flat plus two first‑floor apartments (one over arch)
Two allocated off‑street parking spaces accessed via rear car park
Period features: fireplaces, sash windows; good town‑centre location
Requires modernisation; scope to improve EPCs and rental values
Solid brick walls (no assumed insulation), potential energy upgrades needed
Two flats EPC D, one EPC C — energy efficiency improvements advised
Sold as single transaction; flats not available individually
A rare freehold block in central Cheltenham, offered as a single sale, this building comprises three one‑bed flats: a ground‑floor garden apartment and two first‑floor units (one over the archway). The location is convenient for town centre amenities, mainline rail and the M5, making the block straightforward to let to professionals or students seeking easy access to transport and local services.
All three flats have period features including fireplaces and sash windows and each flat currently operates under separate assured shorthold tenancies, creating immediate rental income potential. Two allocated parking spaces to the rear add tenant appeal in a town‑centre setting. The building’s size and layout also offer scope for modest refurbishment to improve EPCs and achieve higher rents.
Buyers should note practical drawbacks: several rooms and communal walls are solid brick with assumed no cavity insulation, two flats are EPC D, and the flats will require modernisation to unlock full rental value. Crime levels in the area are above average, and the sale is for the entire freehold only — individual flats will not be sold separately. All details, including tenure and measurements, must be verified by solicitors.
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