Cleeveland Street, Cheltenham
South West
£125,000Guide Price
Listed on 09/10/2026
Listed on 09/10/2026
The listing
Property details
Bedrooms
3Type
HouseFeatures
- Garden
Description
Offered at online auction on 10 November 2026, this three-bedroom townhouse provides approximately 1,300 sq. ft. of accommodation and is described as requiring full refurbishment. The ground floor has two reception rooms, a kitchen and an original cellar with around seven feet of head height. Upstairs are three bedrooms and a bathroom, with a separate cloakroom also noted in the listing.
At the rear, a walled garden extends to approximately 74 feet and includes an original privy. The listing identifies possible scope for an extension, subject to planning consent and verification. Double glazing and gas-fired central heating are stated. A legal pack is available, and prospective buyers must register to bid; auction terms include a security deposit and a buyer's premium.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
74out of 100
Grade BGood opportunity
Confidence: MEDIUM
A strong-value project: the £125,000 guide price works out at £96/sq ft, well below the local average of £347/sq ft, giving buyers an unusually low entry point for a stated 1,300 sq ft three-bedroom townhouse. Bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
There is plenty to reshape and improve across two reception rooms, three bedrooms and the original cellar, while the long walled garden offers scope for a substantial clear-up and landscaping. The kitchen and bathroom are both visibly dated, and staining and damaged finishes appear in several rooms, so this is a full-scale project rather than a cosmetic refresh. The listing also mentions possible rear extension scope, subject to planning consent and feasibility.
Key opportunities
- The two reception rooms, three bedrooms and original cellar provide a substantial canvas to improve the layout and finishes across the house.
- The long walled garden could be cleared and landscaped into a notable outdoor asset; the listing also identifies possible rear extension scope, subject to consent and feasibility.
- At £125,000, the asking price offers a very low-cost entry point relative to local £/sq ft.
Key risks
- Stripped-back finishes, visible staining and damage across several rooms, plus the neglected garden, make the £45,000–£85,000 works range a full-house programme with meaningful budget and scheduling demands.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£472
Based on a loan of £93,750 over 30 years at 4.45% interest
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