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Lloyd Close, Cheltenham, GL51 7SZ

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

645 sq ft

60 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • First floor apartment
  • Two double bedrooms
  • Separate fitted kitchen
  • Kitchen with appliances
  • Family bathroom shower
  • Comfortable living room
  • Proven rental history
  • £950 pcm income
  • Allocated parking space

Description

Located in a modern residential development this first floor apartment offers practical, well-proportioned accommodation that will appeal to investors, first-time buyers and those looking for a low-maintenance base in the town. Lloyd Close is positioned in a convenient location, within easy reach of local shops, supermarkets and community facilities, as well as regular bus routes into Cheltenham town centre and towards Cheltenham Spa railway station, providing strong connectivity for commuters and renters alike.

The apartment is accessed via a communal entrance and stairwell leading to the first floor landing, from which the front door opens into the main hallway. From here, each room is easily reached, giving the property a simple and functional flow. The living room is of comfortable proportions and provides space for both seating and a small dining area if required, creating a relaxed everyday living environment. With a separate kitchen rather than an open-plan layout, the property offers a more traditional arrangement that many buyers and tenants favour, allowing cooking and living spaces to remain distinct.

The kitchen itself is fitted with a range of units and comes complete with appliances, offering a ready-made set-up for purchasers who want to move straight in or continue letting without immediate additional expense. This enclosed kitchen layout also helps to keep cooking smells and clutter away from the main reception space, which can be a particular advantage in smaller apartments and for sharers.

There are two genuine double bedrooms, making the property suitable for professional sharers, couples needing a guest room or home office, or small families. Each bedroom offers space for a double bed and storage, and the simple, neutral presentation provides a blank canvas for incoming buyers to add their own style over time. The family bathroom is fitted with a white suite and features a shower over the bath, giving flexibility for both quick showers and more relaxed bathing. Again, the bathroom is presented in reasonable condition, with scope for future cosmetic improvements if desired but fully usable as it stands.

The apartment has been successfully let out for the last five years and currently produces a rental income of £950 per calendar month, underlining its appeal as a straightforward investment. With strong local rental demand for two bedroom flats in this part of Cheltenham and good access to major roads including routes towards the M5, the property offers ongoing potential as a buy-to-let, with an established track record that investors will find reassuring. For owner-occupiers, the existing condition means the apartment can be occupied immediately, with the option to gradually update finishes over time to suit personal taste.

The wider Lloyd Close development has proven popular with both homeowners and tenants, and recent sales in the area suggest steady demand and a broadly affordable price bracket compared with some of Cheltenham’s more central postcodes. This, combined with the practical two bedroom layout and separate kitchen, makes the apartment a sensible choice for buyers seeking good value, functional accommodation rather than high-end, high-maintenance finishes.

In summary, Lloyd Close is a well-located, two double bedroom first floor apartment with separate fitted kitchen, comfortable living room and family bathroom with shower over bath, presented in reasonable condition and benefitting from a proven rental income of £950 pcm. Whether as a first home, a Cheltenham base or an addition to an existing rental portfolio, it offers a balanced blend of practicality, convenience and investment potential.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Communal garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
No wheelchair access

Lloyd Close, Cheltenham, GL51 7SZ

Approximate location

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Affordability

Monthly repayments£728
Property: £ 145,000
Deposit: £ 14,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
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.
Renovation potential
Recently sold & under offer
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About Elliot Oliver Sales, Cheltenham

101 Promenade, Cheltenham, GL50 1NW
Industry affiliations:

Why choose Elliot Oliver Estate Agents:

Local Expertise: In-depth knowledge of the Cheltenham market, providing accurate valuations and targeted marketing strategies.

Proven Track Record: Consistently strong sales results, particularly during peak periods like September.

Personalised Service: Tailored approaches ensuring individual needs are met throughout the selling process.

Comprehensive Support: End-to-end assistance from initial valuation to completion.

Innovative Marketing: Utilising cutting-edge technology to ensure maximum exposure for your property.

Strong Negotiation Skills: Our experienced team excels in securing the best possible deals for sellers.

Extensive Network: Strong connections within the local community to match properties with potential buyers effectively.

Additional Services:

Professional photography and virtual tours

Energy Performance Certificate (EPC) arrangement

Accompanied viewings

Regular feedback and market updates

Assistance with onward purchase if required

Post-Sale Support: Continued assistance after offer acceptance, liaising with solicitors and other parties to ensure a smooth completion.

By choosing Elliot Oliver Estate Agents, sellers can capitalise on the September peak and benefit from our expert guidance in navigating Cheltenham's dynamic property market. Our comprehensive approach ensures you're fully prepared to achieve the best possible outcome for your property sale.

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Disclaimer - Property reference S1781995. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Elliot Oliver Sales, Cheltenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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