2 bed flat for sale

Lloyd Close, Cheltenham GL51

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.