5-bedroom house · GL52 5JA
For saleListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly exceptional opportunity to acquire a substantial village home together with a valuable consented residential development plot, occupying a discreet and highly sought-after position in the heart of Prestbury.
Tucked away along Blacksmiths Lane, a peaceful no-through road serving only a mix of substantial private dwellings and the village allotments, Blenheim Cottage enjoys a wonderfully private setting with attractive views across the allotments to Battledown and the Cotswold escarpment, yet remains within easy reach of Prestbury's renowned amenities, public houses, shops and community facilities.
The original property dates from the 1840s, but was substantially altered and added to in the 1980's.
The property now offers approximately 2,720 sq ft of accommodation arranged over two floors (plus double garage).
The house provides a wealth of versatile living space, including four reception rooms and five double bedrooms, creating an ideal environment for growing families, multi-generational living or those seeking space to work from home.
Two bedrooms benefit from en-suite facilities, including the principal bedroom and a ground floor guest suite, offering flexibility rarely found in period homes.
There is a unique first floor conservatory to enjoy the view over the garden.
Whilst the property would now benefit from a programme of updating, it represents an outstanding opportunity for an incoming purchaser to restore and enhance a handsome residence to their own specification, creating a landmark family home in one of Cheltenham's most desirable village locations.
The grounds are a particular feature, extending to a substantial rear garden (total plot approx 1/3rd of an acre) which already benefits from planning permission for the construction of a detached four-bedroom dwelling with double garage.
Designed to enjoy independent access via a private driveway running alongside the existing house, the proposed dwelling presents a remarkable opportunity for self-build purchasers, families seeking a multi-generational living arrangement, developers or investors.
Full planning information is available on request. Also available in the local authority planning portal, ref 22/00777/tdc.
The existing property further benefits from its own driveway parking and double garage, ensuring both homes can enjoy independent access and parking arrangements.
Opportunities combining a village home of this scale with a fully consented development opportunity are exceptionally rare.
Offered to the market with no onward chain, Blenheim Cottage presents purchasers with the chance to secure not only a substantial residence but also a significant opportunity to unlock future value.
Viewing is strictly by appointment; please no site attendance without the agent, and interested parties are encouraged to register their interest at the earliest opportunity.
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.
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FAQ
About Blenheim Cottage, Blacksmith Lane, Cheltenham
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