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Sterling Court, Cheltenham

South West

£140,000
Listed on 04/11/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom first-floor apartment presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Nestled in a quiet cul-de-sac, the location offers easy access to Cheltenham Spa Station and nearby shopping conveniences, including Waitrose and Tesco Superstore. The combination of its strategic positioning and spacious layout makes it an appealing option for first-time buyers, downsizers, or investors seeking to enhance their portfolio. Constructed in the late 1960s, the apartment is situated within a well-maintained development that features communal gardens and first-come, first-served parking. While the interior awaits modernization, this creates an exciting blank canvas for buyers eager to implement their personal style and preferences. The entrance hall welcomes you with wood-effect flooring and two built-in storage cupboards, providing practical space for everyday items. The sitting-dining room boasts large windows that fill the area with natural light, creating an inviting atmosphere that is suitable for both leisurely days and social gatherings. The kitchen is primed for transformation into a contemporary culinary space that can become the heart of the home. Both bedrooms are generously sized doubles, offering excellent opportunities for updating while serving as versatile living areas. The bathroom and separate WC include essential fixtures such as a bath with an overhead shower and vanity basin unit but are well-positioned for modern upgrades. Additionally, the property includes a single garage without electricity supply, which could be converted or utilized in various ways according to future needs. With approximately 118 years remaining on the leasehold and manageable service charges, this apartment not only offers immediate comfort but also potential long-term value growth through strategic renovations. This well-proportioned residence is ideally suited for those looking to invest in an area with strong amenities and transport links—early viewings are encouraged to fully appreciate its possibilities.

Investment Analysis

(GL51 area)
Area Average
£340/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (GL51)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 4.8%
5 year growth: 22.4%
Investment Disclaimer: Analysis based on GL51 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sterling Court, Cheltenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE