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Suffolk Square, Cheltenham, Gloucestershire, GL50 - Image 1
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Suffolk Square, Cheltenham, Gloucestershire, GL50

South West

£1,495,000
Listed on 28/05/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
4546 sqft

Description

This Grade II* listed terraced house, situated in a central location with scenic views over the bowling green and hillside, presents a remarkable opportunity for renovation and investment. With five floors of accommodation, including a self-contained one-bedroom apartment on the lower ground floor, this property offers significant potential for modern reconfiguration while preserving its period charm. The interior showcases a variety of original features such as intricate cornicing and flagstone floors, coupled with expansive period windows that invite abundant natural light into the main living spaces. Upon entering, you are greeted by a spacious reception hall highlighted by a cantilevered staircase that ascends through four floors. The ground floor is designed for both functionality and comfort, featuring a modern kitchen/breakfast room that opens to an airy front reception area. A boiler room, boot room, and cloakroom conveniently complement this level, with the boot room providing access to a private rear garden. On the first floor, you will find two versatile reception rooms which can easily adapt to various purposes—be it additional bedrooms or leisure spaces—while still preserving their distinctive character through high ceilings and detailed architectural elements. This level also includes a guest bedroom at the rear along with a separate W/C. The upper levels comprise six additional bedrooms in total. The principal suite benefits from an en suite bathroom and direct access to another bedroom that could serve well as a dressing area. There’s further storage options and an en suite shower room on the mezzanine level. The third floor features three more bedrooms alongside a family bathroom; these areas provide striking views over Suffolk Square and the surrounding countryside. Externally, the property features shared carriage driveway access at the front and private parking at the rear through gated entry. The walled garden presents an ideal blank canvas for those looking to enhance outdoor living spaces to match their vision for this historic home. Currently, the lower ground floor apartment is rented out under an existing tenancy agreement that may be continued following purchase—providing immediate rental income or an option for personal use. This residence lies in one of Cheltenham’s most desirable neighborhoods; its location offers easy access to Montpellier's vibrant social scene with diverse dining options, boutique shopping, and cultural experiences. Cheltenham itself is rich in history as one of England’s finest Regency towns, known historically as a spa destination. It benefits from proximity to beautiful Cotswold landscapes while also being less than 100 miles from London. Prestigious educational institutions like Cheltenham College and Pates Grammar add to its appeal. The town boasts

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£329/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£149,500 - £373,750
10-25% of property value
Target Value
£1,879,726
10% above area average per sq ft
Potential ROI
+0.6%
After renovation
Monthly Sales
28
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (GL50)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 0.7%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on GL50 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

Suffolk Square, Cheltenham, Gloucestershire, GL50
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