Hales Road, Cheltenham, GL52
South West
£535,000
Listed on 16/09/2026
Listed on 16/09/2026
The listing
Property details
Bedrooms
4Type
Semi DetachedArea
2378 sqftFeatures
- Garden
- Parking
Description
A substantial bay-fronted Victorian semi-detached villa of around 2,400 sq ft, arranged over three floors and currently divided into four self-contained units: a two-bedroom apartment, a one-bedroom apartment and two studios. Planning permission is stated to have been granted for conversion back to a single dwelling; buyers should review the permission and its conditions. The property retains period features and also has a basement area described as suitable for conversion, subject to the necessary consents.
Outside, there is a private rear garden and gravel parking for three vehicles. Hales Road is described as around a ten-minute walk from Cheltenham town centre, with local shops nearby and access to the A40. The train station and M5 junction 11 are also within the distances stated in the particulars. The existing multi-unit arrangement and permitted return to a single home provide different routes to consider, with refurbishment and any basement works requiring assessment.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
81out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £535,000, this substantial Victorian semi is priced at about £225 per sq ft against a local average of £375, making the asking price a clear opportunity to acquire well below the local £/sq ft benchmark. Its bay frontage, period cornicing and fireplaces, private garden and parking give the project plenty to work with, while the stated permission to convert the four units back into one dwelling offers a defined route to a large family home. The interiors need a medium-scale update, and the unfinished, stained basement adds to the scope; the visible exterior and roof appear broadly maintained.
Key opportunities
- Restore the bay-fronted Victorian character, including the cornicing and fireplaces, while refreshing dated finishes across the property.
- Use the stated permission as a starting point for reconfiguring the four units into a substantial single dwelling; review the permission details before proceeding.
- Improve the usable garden with attention to overgrown planting and worn patio edges, alongside the benefit of gravel parking for three vehicles.
Key risks
- The basement is unfinished and visibly stained, so its condition and any underlying cause of the staining merit investigation.
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Transport
Nearest stations
Cheltenham Spa Rail Station
1.8 miles
Train · Cheltenham
Ashchurch for Tewkesbury Rail Station
7.3 miles
Train · Ashchurch
Gloucester Rail Station
8.0 miles
Train · Gloucester
Stroud (Glos) Rail Station
12.6 miles
Train · Stroud
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,021
Based on a loan of £401,250 over 30 years at 4.45% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-7.0% since listed
£535,000£25,000(-4.5%)
09/10/2026£560,000£15,000(-2.6%)
15/09/2026£575,000Initial listing
06/05/2026Services
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