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Hales Road, Cheltenham, GL52

South West

£575,000
Listed on 05/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
2378 sqft

Description

This striking Victorian semi-detached villa, showcasing a classic bay front, offers approximately 2,400 sq ft of space and currently functions as four individual rental units. With planning permission in place to revert the building back into a single residence, there is significant opportunity for those seeking to invest in or renovate a flexible family home. Set across three levels, the property boasts charming period features and includes a two-bedroom apartment, a one-bedroom apartment, and two studio flats, making it an appealing choice for landlords and developers. Additionally, there is potential to convert the basement area with the appropriate consents. The property features a private rear garden and off-road parking for up to three vehicles, presenting a conducive outdoor space. Located just a short walk from local amenities and the town centre, this villa not only provides immediate income as it stands but also allows for long-term transformation into an elegant home.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -35.6% below area average per sq ft

-35.6%
Potential saving
This Property
£242/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£982,494
10% above area average per sq ft
Potential ROI
+41.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
71
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (GL52)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +6.6%
5 year growth: +11.6%
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

Hales Road, Cheltenham, GL52
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,051
Based on a loan of £431,250 over 30 years at 3.97% 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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