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Park Street, Cheltenham, Gloucestershire, GL50

South West

£230,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1768 sqft

Description

Nestled on the charming Park Street, this two-bedroom terrace offers a blend of historical character and modern potential. Its strategic location places it within easy reach of the town centre, train station, and local amenities like Waitrose, making it an attractive option for various buyers, including investors, first-time homeowners, and families. Upon entering the property, you’ll find yourself in a stylish country-style kitchen that opens up to a spacious living area featuring a log burner – perfect for cozy evenings. One of the standout aspects is the self-contained basement currently utilized as a workshop; however, it presents opportunities for conversion into additional living space or even a creative studio. The first floor houses a generous family bathroom alongside two well-proportioned double bedrooms. Externally, the property boasts a quaint courtyard garden that enhances outdoor living and relaxation options. A double garage and allocated parking space further contribute to its practical appeal. Beyond its immediate features, this property holds remarkable renovation potential. Whether you're looking to enhance its existing charm or expand upon it to increase value, there’s ample scope for improvement. The no-through road setting adds to the peaceful ambiance while keeping you close to Cheltenham's vibrant offerings. Park Street’s proximity to the High Street means you’re just a short walk from chic boutiques, renowned restaurants, and lively bars. Families will appreciate access to esteemed schools such as Cheltenham College and The Cheltenham Ladies’ College. Additionally, commuters will benefit from excellent transport links with both motorway access and the train station reachable within 15 minutes on foot. This property not only provides comfortable living but also serves as an excellent investment opportunity in one of Cheltenham’s most desirable areas. Viewing is highly recommended for those wanting to explore its full potential.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -65.1% below area average per sq ft

-65.1%
Potential saving
This Property
£130/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£725,605
10% above area average per sq ft
Potential ROI
+168.7%
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

Park Street, Cheltenham, Gloucestershire, 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
£843
Based on a loan of £172,500 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