RoomsBooked Gloucester Road, 298 Gloucester Road, Cheltenham, GL51 7AG

This substantial detached property, located in a prime area of Cheltenham, presents an excellent opportunity for investors looking to capitalize on the burgeoning accommodation market. With 19 rooms spread across the main building and a separate rear structure, this property currently operates as a successful room-only accommodation business with strong income potential and an established clientele. The building's proximity to key attractions such as the Cheltenham Racecourse and local restaurants enhances its appeal for guests. The property's current setup includes well-maintained rooms equipped with modern amenities such as LCD TVs, fridges, microwaves, and free Wi-Fi. Shared bathrooms are designed with contemporary fixtures. However, there are opportunities for enhancement—expanding the number of ensuite facilities or refurbishing communal areas could increase rental yields. Externally, the expansive parking space at the rear not only accommodates multiple vehicles but also offers potential for expansion or redevelopment (subject to necessary approvals), adding further value to this sound investment. Given its location near transportation links including the M5 and Gloucestershire Airport, it remains strategically positioned for both tourism and business travelers alike.