11 Bedroom Detached House

Arkle House, Moorend Road, The Park, Cheltenham

Arkle House is a distinctive Regency property in The Park, a highly desirable Cheltenham neighbourhood. The building has been sensitively converted into 11 well-proportioned one-bedroom flats, each self-contained with independent utility meters, individual EPCs and council tax ratings. The apartments are currently fully occupied, producing a stable rental income and providing an attractive, low-management freehold investment.

Key features

11 one-bedroom apartments, fully let on Assured Shorthold Tenancies (ASTs) and compliant with the Renters (Reform) Act
Allocated parking space for each apartment
Separate meters, EPC and council tax band for each apartment (facilitates future individual sales)
Building area: c. 5,285 sq ft over four floors
Apartment sizes: from c. 32 sqm to c. 54 sqm
Current gross rental income: approx. £142,500 per annum
Conversion originally completed in the 1990s (former guest house) with further works in 2010; all works carried out in accordance with Cheltenham Borough Council (CBC)
Well maintained by current owners

Compliance & documentation All conversions and subsequent works were completed to CBC requirements. Tenancies are ASTs and compliant with the Renters (Reform) Act. Detailed tenancy schedules, income and expense records, EPCs, individual meter information and maintenance history are available to serious parties on request.

Investment highlights

Immediate, established income stream with scope to increase rents in line with market
Flexible future options: hold as portfolio income, refinance, or sell apartments individually (separate meters/EPCs/council tax support resale)
Desirable location adjacent to The Park