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Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham - Image 1
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Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham - Image 3
Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham - Image 4
Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham - Image 5
Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham - Image 6
Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham - Image 7
Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham - Image 8

Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham

South West

£1,750,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This property presents an exceptional opportunity for development, comprising a sizable detached residence paired with an adjoining paddock, set in a desirable location close to local amenities and schools. The total land area spans approximately 1.33 acres, with planning permission in principle granted for the construction of up to nine additional dwellings on the paddock area, making this an attractive investment prospect. Nestled in Bourton-on-the-Water, often celebrated for its charming landscape and rich community feel, the property offers easy access to both rural pursuits and urban conveniences. Within close proximity are independent shops, a variety of dining options, recreational facilities, and excellent schooling. Transport links provide efficient routes to major cities like London via nearby Kingham Station. The main house is a substantial structure that dates back to the 1960s, characterized by reconstituted stone façades and a traditional tiled roof. It features living spaces spread across two floors including a central hall, kitchen/breakfast room, sitting room, dining room, and three bedrooms – one of which is conveniently located on the ground floor. Additionally, it includes a conservatory and a double garage with potential for further enhancement or redesign. The garden surrounding the house provides ample space with mature landscaping leading down to the paddock area. An ideal setting for both enjoying outdoor living as well as contemplating future development plans. Please note that while mains services are connected (gas, electricity, water), the gas central heating system requires attention as the boiler is currently not operational.

Investment Analysis

(GL54 area)
Area Average
£417/sq ft
Avg Rent (weekly)
£426
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL54)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -0.5%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on GL54 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

Land at Elmfield, Station Road, Bourton-On-The-Water, Cheltenham
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£6,198
Based on a loan of £1,312,500 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

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