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Garden Flat 11 Wellington Square

South West

£350,000
Listed on 10/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
1330 sqft

Description

This unique opportunity presents itself within a distinguished Grade II listed building located on the renowned Wellington Square. The property features a two-bedroom, two-bathroom garden flat, complemented by an additional drawing room on the ground floor that holds potential for conversion into a separate unit, pending planning approval. Ownership includes the entire freehold of the building, offering substantial flexibility for modernisation and reconfiguration to maximise returns. The spacious garden apartment provides direct access to a private walled garden and courtyard—an asset in central Regency properties. This outside space could also accommodate parking if needed. Internally, the property boasts high ceilings, period features such as sash windows and fireplaces, alongside a generous reception area and a conservatory—all of which require updating but provide significant scope for enhancement. Moreover, there is potential to create connectivity between the units through an internal staircase installation, with pre-planning drawings available to facilitate development considerations. This property is ideally suited for developers or investors looking for a project with considerable value-add potential in a prime Cheltenham location.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£263/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£547,674
10% above area average per sq ft
Potential ROI
+24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -5.8%
5 year growth: +8.0%
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

Garden Flat 11 Wellington Square
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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