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16, Portland Street, Cheltenham - Image 1
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16, Portland Street, Cheltenham

South West

£225,000
Listed on 13/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
877 sqft

Description

This four-storey freehold retail property presents a promising investment opportunity in proximity to Cheltenham High Street, just 190 meters away. Currently configured with a blend of retail space, office areas, and storage, the building also offers substantial potential for conversion into residential units on the upper floors, subject to necessary planning permissions. The ground floor and basement previously operated as a café, providing an ideal setup for continued commercial use or as part of a mixed-use development. The property is accessible from two points and features solar panels along with essential amenities such as WCs and kitchen facilities. With the right vision and renovations, this property could transform into a lucrative residential or commercial asset.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£257/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£298
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£360,412
10% above area average per sq ft
Potential ROI
+4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (GL52)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +5.1%
5 year growth: +9.1%
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

16, Portland Street, Cheltenham
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 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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