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St Georges Road, Cheltenham, GL50 - Image 1
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St Georges Road, Cheltenham, GL50

South West

£400,000
Listed on 14/02/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1679 sqft

Description

This traditional three-bedroom period townhouse, complete with a self-contained one-bedroom lower ground floor apartment, presents a compelling investment opportunity in Cheltenham. Currently configured as a three-way rental unit generating an impressive annual income of £28,200, this property boasts the potential for increased returns with strategic renovations. The main house features a versatile layout with an entrance hall, a sitting room, a dining area (currently utilized as an additional bedroom), and a kitchen that opens onto a metal veranda leading to an enclosed courtyard garden. The upper floors include two spacious double bedrooms and a single bedroom, along with family bathroom facilities and the possibility of expansion into the attic space via the spiral staircase - this could be developed further pending planning permission. The lower ground apartment has its own access and includes essential living amenities plus direct access to its private outdoor space. With modern essentials like gas central heating and double glazing already in place, there is still ample room to enhance the interiors or reconfigure spaces for better functionality. Located just moments from major amenities such as Waitrose and the Promenade, this property not only benefits from local attractions but also offers excellent transport links to London via regular train services.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -36.4% below area average per sq ft

-36.4%
Potential saving
This Property
£238/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£691,387
10% above area average per sq ft
Potential ROI
+57.1%
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

St Georges Road, Cheltenham, GL50
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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
£1,443
Based on a loan of £300,000 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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