3-bedroom house · GL53 7PH
Opportunity summary
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About
A bay-fronted red brick Victorian townhouse requiring modernisation whilst offering scope to extend, with a south-facing garden, rear access and a detached garage, close to reputable local schools and the Bath Road shopping area.
Description An attractive period townhouse in a lightly used road close to extensive amenities, providing a buyer with the opportunity to modernise and potentially extend to the rear, whilst others in the road have added loft conversions to maximise the available space, subject to planning consents.
The property has received some upgrades and could be occupied immediately, warmed by gas central heating and benefitting from double glazed windows and a more recently upgraded kitchen.
Approached via a recessed porch into a hall with a sitting room at the front featuring a bay window.
The kitchen and dining room are part open plan, with a more recently fitted kitchen including some built-in appliances and a gas-fired woodburning-style stove in the adjoining dining area.
A utility lobby with a door to the rear garden provides separation between the kitchen and ground floor shower room.
Upstairs there are 3 bedrooms, with the principal bedroom spanning the entire width of the property.
Outside, the frontage is enclosed within railings, whilst the rear garden has been partially landscaped to include a patio with steps up to a raised section of garden, enclosed within a low retaining wall, with a pathway continuing alongside to a 21' detached garage accessed from a rear lane.
Situation A very popular and convenient residential location, close to Naunton Park with its ornamental garden, highly regarded schools and the vibrant Bath Road providing an array of local produce.
Cheltenham is a superb place for shopping with an abundance of main high street shops, specialist boutiques, cafés and restaurants.
Host to annual cultural festivals including music, literature and jazz, the town is equally famous for horse racing and the annual Gold Cup.
Communications are excellent with easy access to the M5 and there are regular train services to London Paddington in just over 2 hours.
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 35, Fairhaven Road, Cheltenham
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