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Upper Slaughter, Cheltenham, Gloucestershire, GL54 - Image 1
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Upper Slaughter, Cheltenham, Gloucestershire, GL54

South West

£1,150,000
Listed on 05/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1892 sqft

Description

This Grade II listed cottage offers a unique opportunity for renovation and investment in one of the North Cotswolds' most picturesque villages. The property, built in the 18th century with subsequent additions, is nestled within a designated Conservation Area, adding historical significance to its character. Upon entering, you’re greeted by an inviting entrance hall leading into a cozy sitting room that features an inglenook fireplace with a wood-burning stove, built-in cupboards, flagstone floors, and charming window seating. Adjacent to this is a dual-aspect dining room that connects seamlessly to the well-equipped kitchen and breakfast area, highlighting exposed stone walls and traditional ceiling timbers—elements that could be enhanced through thoughtful renovations. The ground floor also includes stairs leading to a mezzanine-level study adorned with vaulted ceilings and exposed rafters—a versatile space perfect for a home office or creative area. Completing the ground floor layout is a cloakroom for added convenience. On the first floor, you’ll find two bedrooms sharing a family bathroom, while the principal bedroom occupies the second floor. This spacious retreat boasts a vaulted ceiling and boasts eaves storage along with an en suite bathroom featuring both a separate shower cubicle and additional storage options. The rear garden is enclosed by Cotswold stone walls and includes not just greenery but also significant potential with its existing stone outbuilding and carport. The outbuilding has partial conversion into an additional bedroom/study already completed, which comes equipped with its own toilet and basin. The remaining portion retains full planning permission for conversion into ancillary accommodation or even a holiday let—an excellent avenue for generating supplemental income. Detailed plans are available upon request. Located in Upper Slaughter—a highly desirable village in an Area of Outstanding Natural Beauty—the property is near local amenities in Bourton-on-the-Water and Stow-on-the-Wold. With nearby attractions like Sudeley Castle, various gastro-pubs, and beautiful walks along the Cotswold Way, this location provides both serene living as well as recreational options for residents. Accessibility is convenient due to proximity to major roads like the Roman Fosse Way (A429) which leads directly into the Midlands or further south towards Cirencester. For those commuting to London, Kingham Station offers regular service to Paddington in about 81 minutes. Education options are plentiful in this region, including several notable schools such as The Cotswold School in Bourton-on-the-Water. Additionally, Upper Slaughter serves as an ideal base from which

Investment Analysis

(GL54 area)

Above Market Value

This property is priced +44.3% above area average per sq ft

+44.3%
This Property
£608/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£423
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£115,000 - £287,500
10-25% of property value
Target Value
£876,601
10% above area average per sq ft
Potential ROI
-39.0%
After renovation
Monthly Sales
24
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (GL54)

Area prices are falling by +7.5% over the last 12 months
3 year growth: -1.3%
5 year growth: 9.6%
Investment Disclaimer: Analysis based on GL54 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Upper Slaughter, Cheltenham, Gloucestershire, GL54
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