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8 London Road, Cheltenham, GL52 - Image 1
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8 London Road, Cheltenham, GL52

South West

£120,000

Listed on 12/06/2026

Property details

Bedrooms
1
Type
Apartment
Area
439 sqft

Description

This period one-bedroom basement flat, located within a charming Regency Listed Building, presents an excellent opportunity for renovation and investment. While it requires updating, its potential is significant for those looking to make their mark, whether as a first-time buyer or as an investment. The flat features a private entrance and includes a hall, living room, kitchen, an inner hallway with ample storage space, a shower room, and a double bedroom—all set within close proximity to Sandford Park and the vibrant Town Centre with its array of shops and dining options. With gas central heating already in place and access to mains utilities confirmed (pending buyer verification), the property can be transformed into a comfortable living space. A gravelled frontage leads down to the flat, adding some outdoor charm. The long lease of 999 years offers additional peace of mind for prospective buyers looking for longevity in their investment. Monthly service charges stand at £120.00. While this property is currently in need of some modernisation, it provides a solid foundation for creating value through thoughtful updates.

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Investment analysis

(GL52 area)

Below Market Value

This property is priced -27.0% below area average per sq ft

-27.0%
Potential saving
This Property
£273/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£298
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£180,918
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL52)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +4.3%
5 year growth: +9.6%
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

8 London Road, Cheltenham, GL52
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 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.

Stamp duty calculator

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