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See how verdicts work4-bedroom detached house · GL52 2SA
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** first chance to view Saturday 31st of October *** A rare opportunity to acquire a detached three-bedroom property in the heart of Cheltenham town centre, complete with an integral garage, private rooftop terrace and substantial basement accommodation.
Requiring renovation and modernisation throughout, this individual property offers considerable potential for buyers looking to create a distinctive town centre home or investment.
Arranged over three floors, with the additional benefit of a basement, the property offers versatile accommodation and an unusual combination of features for such a central location.
The ground floor comprises an entrance hallway, a separate kitchen fitted with a range of wall and base units, and a generously proportioned lounge/dining room featuring a fireplace.
Although requiring updating, the accommodation provides an excellent starting point for a comprehensive refurbishment.
On the first floor is a particularly spacious double bedroom together with a large family bathroom incorporating a bath, separate shower enclosure, wash basin and WC.
The second floor provides two further well-proportioned double bedrooms, offering flexibility for family accommodation, guests or home working.
A significant additional feature is the basement, comprising two substantial rooms which offer useful storage and potential for alternative uses, subject to appropriate refurbishment, investigation and any necessary consents.
Externally, the property benefits from an integral garage, a particularly valuable asset in this central location.
Above the garage is a private rooftop terrace, providing an outdoor seating area with the potential to become an attractive space for relaxing or entertaining following improvement.
Location The property occupies a highly convenient position in central Cheltenham, within easy walking distance of the High Street, Promenade and the town's extensive range of shops, cafés, restaurants and entertainment venues.
Cheltenham is renowned for its Regency architecture, attractive public gardens and internationally recognised festivals, including the Literature, Jazz, Music and Science Festivals, together with the annual Cheltenham Festival at the racecourse.
The fashionable Montpellier district, Imperial Gardens and the Brewery Quarter are all within easy reach, while Cheltenham Spa railway station provides mainline connections to Birmingham, Bristol, London and beyond.
The A40, A417 and M5 motorway offer convenient road links.
An Opportunity to Add Value Properties offering detached accommodation, a garage and private outside space within such a central location are relatively uncommon.
Whilst the property requires significant renovation, it presents an opportunity for purchasers with the vision to unlock its potential.
Whether purchased as a principal residence, town centre base or investment project, the combination of location, accommodation and scope for improvement makes this a particularly interesting proposition.
Early interest is strongly encouraged, with the first opportunity to view taking place on Saturday 31st October.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Grosvenor Terrace, Cheltenham
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