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London Road, Cheltenham, GL52

South West

£950,000
Listed on 13/10/2025

Property Details

Bedrooms
7
Type
Terraced house
Area
3878 sqft

Description

This impressive Grade II* listed Regency residence boasts significant renovation potential while currently functioning as five self-contained flats. Nestled away from the main thoroughfare, the property offers residents permit parking and picturesque views over well-maintained municipal gardens. Its notable architectural features include a striking ashlar stone façade, refined cornicing, and an inviting two-storey porch with a delicate ironwork verandah. Constructed in the early 19th century, this townhouse exemplifies Cheltenham’s celebrated Regency style, complete with high ceilings and naturally bright interiors thanks to deep sash windows. Original elements such as marble fireplaces and intricate mouldings are preserved throughout, adding to its historical charm. The property is further complemented by a secluded walled garden, providing a rare outdoor retreat in this central location. Currently generating secure rental income of approximately £54,000 per annum from its five flats, there exists considerable scope for increasing revenue through thoughtful enhancements or renovations. Furthermore, aspiring homeowners may envision transforming this distinguished townhouse back into a grand family residence—subject to obtaining necessary planning and listed building consents. The setting of the property is particularly advantageous; it lies within close proximity to respected institutions like Cheltenham College and Cheltenham Ladies’ College, as well as vibrant shopping and dining options in Montpellier and the town centre. The nearby Cheltenham Spa railway station offers easy access to London, Birmingham, and Bristol, making it an appealing choice for both investors and families looking for convenience without sacrificing character.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -34.6% below area average per sq ft

-34.6%
Potential saving
This Property
£245/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£326
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£1,596,689
10% above area average per sq ft
Potential ROI
+18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (GL52)

Area prices are falling by +3.6% over the last 12 months
3 year growth: 6.2%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on GL52 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

London Road, Cheltenham, GL52
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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
£3,480
Based on a loan of £712,500 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