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Royal Crescent, Cheltenham, GL50

South West

£895,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
4514 sqft

Description

This remarkable Grade II* listed property located within one of Cheltenham's historic Georgian terraces presents an exceptional investment opportunity. Currently set up for commercial use, it comes with approved planning permission for conversion into a spacious private residence, encompassing over 4,500 sq ft across four levels. The interior boasts original proportions and numerous period features, ripe for a sympathetic restoration that honors its heritage while modernizing its functionality. With a private courtyard that can be transformed into an inviting outdoor space and five dedicated parking spaces—a rare convenience in this sought-after area—this property holds immense potential for creating a unique family home. The elegant façade with its painted render and sash windows further enhances its appeal as a distinguished residence in the heart of Cheltenham.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -46.9% below area average per sq ft

-46.9%
Potential saving
This Property
£198/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Target Value
£1,852,591
10% above area average per sq ft
Potential ROI
+55.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by +6.4% over the last 12 months
3 year growth: -6.7%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on GL50 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Royal Crescent, Cheltenham, GL50
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,279
Based on a loan of £671,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE