4-bedroom property · GL51 7AD
Listing removedReduced £30k (−5.2%) on 21 JunListed 671 days
Opportunity summary
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About
A substantial 19th century semi-detached house requiring a full programme of renovation, offering spacious accommodation, off road parking and a large garden in a convenient location close to the train station, gchq, local shops and with easy access to the M5 An attractive period semi-detached family home requiring a full programme of modernisation, offering spacious flexible accommodation which could be remodelled to suit a modern family lifestyle.
Approached via the original carriageway entrance featuring large double doors, leading to the main entrance door into a hall with doors to the ground floor rooms.
A sitting room at the front of the property has original deep sash windows and a feature fireplace, whilst a dining room at the rear also has a sash window.
A kitchen/breakfast room with wall and base units and a range style cooker has French doors leading to the large west facing garden.
A downstairs shower room and separate utility room complete the ground floor. An unconverted basement offers useful storage areas.
Upstairs, a principal bedroom at the front of the property has an en-suite bathroom and a dressing room.
Three further bedrooms are accessed from a central family room/playroom/fifth bedroom creating a wonderful open family space.
A roof terrace accessed from the second bedroom overlooks the garden and a family bathroom completes the first floor.
Outside, a patio seating area leads to a large expanse of lawn with mature hedged boundaries at the rear affording high levels of privacy and off-road parking is provided at the front of the property.
This family home is situated close to Lansdown, Waitrose & the train station, whilst approximately a 15-minute walk along the beautiful tree-lined Queens Road into Montpellier.
The property is equally well placed for swift access to gchq and junction 11 of the M5 motorway.
Cheltenham is a superb place for shopping with an abundance of main high street shops, specialist boutiques, cafés and restaurants.
Education is very well catered for and there are excellent sporting facilities in and around the town including indoor and outdoor swimming facilities, numerous golf courses and tennis, squash, hockey and croquet clubs.
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.
Agents note: The property has suffered from roof deterioration which has caused damage in several rooms.
Potential buyers are advised that no survey or any other professional reports have been conducted to ascertain the structural condition and they may wish to seek independent advice from appropriate experts prior to submitting an 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
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FAQ
About The Carriage House, 291, Gloucester Road, Cheltenham
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