3-bedroom house · GL50 4LG
For saleReduced £10k (−2.8%) on 18 AugListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial period home extending to over 1,500 sq ft, offering three bedrooms, a useful cellar, a large detached garage/workshop and a generous rear garden, all within easy reach of Cheltenham town centre and offered with no onward chain.
Behind its modest frontage lies a home that offers considerably more space than first impressions suggest.
Arranged over two floors with the added benefit of a sizeable cellar below, the property combines well-proportioned accommodation with excellent storage and future potential.
The ground floor includes two reception rooms, a kitchen and a sun room overlooking the rear garden, whilst upstairs there are three bedrooms and a family bathroom.
The property has been well cared for over the years and now offers an opportunity for a new owner to update and personalise to their own taste. Outside, the rear garden is a particular feature.
Mature and established, it provides a surprising amount of outdoor space for such a central location and leads to a substantial detached garage/workshop at the far end of the plot.
Whether used for storage, hobbies, vehicles or simply as valuable additional space, it is a feature rarely found with homes of this type.
With its combination of character, space and potential, this is a property that could appeal equally to owner-occupiers looking to create a long-term home or buyers seeking a period property with scope to add value over time.
Cheltenham is a historic Regency spa town, widely regarded as one of the most desirable locations within Gloucestershire and the gateway to the Cotswolds.
Known for its elegant architecture, tree-lined avenues, cultural festivals and thriving town centre, Cheltenham offers an excellent blend of lifestyle, education, connectivity and green space.
The town provides a wide range of independent shops, restaurants, cafés, leisure facilities and parks, alongside well-known areas including Montpellier, Lansdown, Leckhampton, Tivoli, Pittville and Charlton Kings, each offering their own distinct character.
Cheltenham is particularly renowned for education, with highly regarded schools including Cheltenham College, Cheltenham Ladies’ College, Dean Close School, Pate’s Grammar School, Balcarras School and Leckhampton High School all contributing to the town’s continued popularity with families.
Cheltenham Spa railway station provides direct links to Birmingham, Bristol and London, while the A40, A417 and M5 motorway offer excellent regional connectivity.
Combining Regency character, strong schooling, cultural identity and access to the Cotswolds, Cheltenham continues to attract buyers from across Gloucestershire and beyond.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 15, Marle Hill Parade, Gloucestershire
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