2-bedroom terraced house · GL51 9JB
Opportunity summary
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About
***FIRST CHANCE TO VIEW - SATURDAY 7TH MARCH 1PM ONWARDS*** by appointment Period Two-Bedroom Home on Marsh Lane, Cheltenham – A Characterful Project with Exceptional PotentialSet along historic Marsh Lane, this period two-bedroom home offers the ideal opportunity for anyone seeking a rewarding renovation project in one of Cheltenham’s most characterful neighbourhoods.Inside, the generous hallway sets the tone, with its wide proportions and striking stripped wooden staircase offering an immediate glimpse of the charm waiting to be restored.
At the front, the sitting room features an original fireplace flanked by built-in storage — a wonderful period focal point ready to be revived and reimagined.To the rear, the kitchen provides a surprisingly spacious footprint, complete with a walk-in pantry and direct access to the walled garden.
With some thoughtful redesigning, the garden could become a private and practical outdoor space, and even offers scope for off-road parking for a small car.The basement is an exciting blank canvas, presenting real scope for conversion into further living accommodation, a dedicated workspace, or even an additional bedroom (subject to planning).
It’s a rare opportunity to significantly extend the home’s usable space.On the half landing sits the family bathroom and a tidy second bedroom, while the main staircase leads to a bright and generously sized principal bedroom occupying the top floor.Marsh Lane itself is steeped in local history, once known for its market gardens, and today provides easy access to Cheltenham’s lively town centre, independent cafés and shops, and green spaces such as Pittville Park.
Excellent schools and transport links add further appeal to the setting.While this home now requires comprehensive updating, its period features, solid proportions, and numerous possibilities for reconfiguration make it an exciting prospect for those looking to create a truly individual home.
With vision and care, this property could be transformed into a standout residence in a sought-after Cheltenham location.
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 Marsh Lane, Cheltenham, Gloucestershire, GL51
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