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St. James Square, Cheltenham

South West

£550,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Terraced
Area
1776 sqft

Description

This spacious and adaptable period townhouse is situated in the vibrant centre of Cheltenham, providing a unique opportunity for investors or those looking to create their dream home. The property features generous accommodation across multiple levels, including a self-contained basement flat that offers significant potential for modernization. Currently set up as two separate living spaces with independent heating systems, this home includes an enclosed rear garden accessible from both the main house and the basement flat. The main house boasts welcoming entrance hallways leading to substantial living areas, including a well-equipped kitchen/breakfast room with modern appliances and ample workspace. The first floor comprises comfortable bedrooms with flexible usage, while the top floor showcases additional living space that could easily serve as extra bedrooms or office space. Each area presents opportunities for aesthetic enhancements and functional upgrades. The basement flat is an exciting project waiting for a keen eye; it requires complete refurbishment but holds great promise for creating an appealing rental unit or guest accommodation in this desirable location. With its open-plan layout and natural light, reconfiguring this space could greatly increase its value. Outside, the manageable garden is perfect for entertaining or relaxation, featuring seating areas and established plants. This property not only stands out due to its size but also because of its dual-living capability in one title deed, making it an attractive proposition for savvy buyers looking to invest in a prime location near amenities and transport links.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -17.7% below area average per sq ft

-17.7%
Potential saving
This Property
£310/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£735,530
10% above area average per sq ft
Potential ROI
+18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by -7.4% over the last 12 months
3 year growth: -3.3%
5 year growth: +6.0%
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

St. James Square, Cheltenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-8.3% since listed
£550,000£50,000(-8.3%)
21/01/2026
Current price
£600,000Initial listing
28/12/2025

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