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See how verdicts work8-bedroom house · GL50 1DZ
For saleReduced £70k (−7%) on 31 JulListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Thornbury House sits on the High Street, Cheltenham in a prominent position close to the town centre and walking distance to all the amenities Cheltenham has to offer.
The property spans over 4,500 sq. Ft. Of accommodation over four floors with parking and a generous rear garden.
On entering the property there is a welcoming entrance hall with access to numerous rooms currently served as office space.
The property is a commercial building and once served as office space for architects and a surveyors. The ground floor has four office rooms and a store room with access out onto the rear garden.
The first floor has three further rooms, a kitchen and shower room with separate W/C. The top floor has two large office spaces with a W/C.
Finally the lower ground floor has two offices, two store rooms, a kitchen and W/C.
Outside, there is decking immediately from the house to serve as a terrace, the remainder of the garden then goes down to the stream at the far end, it is mostly overgrown but there is ample space to create a well-stocked garden with some clever landscaping.
The property is currently commercial use but has planning permission to convert to residential with a planning reference: 20/01777/LBCv to a single residential dwelling.
Located a short distance from Cheltenham high street with excellent access to Sandford Park, the Lido, Cheltenham Hospital and amenities near Montpellier.
There is also superb access to Schools to include Cheltenham College, Cheltenham Ladies' and Dean Close.
Road connections are also easily accessed via the A40 and A435 with Cheltenham train station just under 2 miles away.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 18, High Street, Cheltenham
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