3-bedroom house · GL52 3EP
For saleReduced £15k (−3.2%) on 15 JulListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a highly sought-after position close to Cheltenham town centre, this attractive Victorian three bedroom semi-detached home presents a rare opportunity for purchasers looking to create a truly special property.
Having remained within the same ownership for over fifty years, the house now offers enormous potential for updating and enhancement whilst retaining many of the character features that make homes of this era so desirable.
Set behind a traditional frontage, the property immediately showcases the generous proportions associated with period homes.
A welcoming entrance hall leads to two substantial reception rooms, both offering excellent ceiling heights and an abundance of natural light.
These versatile spaces provide the perfect foundation for creating elegant living and entertaining areas whilst preserving the property's original charm.
The kitchen is positioned to the rear of the property and is complemented by a ground floor cloakroom and additional shower room, offering practical accommodation that could be reconfigured and enhanced as part of a wider renovation programme.
To the first floor are three well-proportioned bedrooms together with a family bathroom.
A particularly exciting feature is the large loft space, which offers excellent potential for conversion, subject to the necessary consents, creating the possibility of additional bedroom accommodation, a principal suite or home office space.
Throughout the property there are numerous period details waiting to be restored and incorporated into a sympathetic refurbishment, allowing a new owner to blend Victorian character with contemporary styling and create a home tailored to their own requirements.
Outside, the property enjoys a private garden and occupies a desirable residential setting within one of Cheltenham's established neighbourhoods.
Oakland Avenue is ideally positioned for easy access to Cheltenham town centre, renowned for its Regency architecture, boutique shopping, award-winning restaurants and vibrant café culture.
The town hosts a programme of internationally acclaimed events including the Literature Festival, Jazz Festival, Science Festival and the world-famous Cheltenham Festival at Prestbury Park Racecourse.
Families are well served by a number of highly regarded local schools, while nearby parks and recreational facilities provide excellent opportunities for leisure and outdoor pursuits.
Cheltenham Spa railway station is within easy reach, offering direct services to Birmingham, Bristol and London Paddington, whilst the M5 motorway provides convenient access to the wider motorway network.
Offering character, generous proportions and exceptional scope for improvement, this is a wonderful opportunity to acquire a substantial Victorian home and create something truly special in one of Cheltenham's most desirable locations.
Viewing is highly recommended to appreciate both the accommodation and the potential on offer.
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 10, Oakland Avenue, Cheltenham
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