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Grosvenor Place South, Cheltenham Town Centre - Image 1
Grosvenor Place South, Cheltenham Town Centre - Image 2
Grosvenor Place South, Cheltenham Town Centre - Image 3

Grosvenor Place South, Cheltenham Town Centre

South West

£325,000

Listed on 15/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1076 sqft

Description

This substantial Grade II listed terraced house presents a unique opportunity for renovation in the heart of Cheltenham. The property boasts approximately 1,634 sq. ft. of versatile accommodation, featuring a two-bedroom main house alongside a separate one-bedroom basement flat. Located on the picturesque Grosvenor Place South, it offers convenient access to the town centre, making it an appealing prospect for builders, developers, and investors alike. The main house encompasses the ground and first floors, comprising two spacious reception rooms, a separate kitchen, two double bedrooms, a family bathroom, and a ground-floor shower room. The basement flat, with its own entrance, includes a sitting room, kitchen, double bedroom, and shower room. Retaining many attractive period features such as sash windows and decorative fireplaces, the property invites sympathetic refurbishment and improvement. The generous proportions and flexible layout provide ample scope for various future uses. The property is offered with no onward chain and is subject to vacant possession, making it an enticing investment opportunity.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

57out of 100
Grade DWeak opportunity

Confidence: LOW

This substantial Grade II listed terraced house presents an exciting opportunity for renovation in a prime location. With an asking price of £325,000, translating to £302/sqf, it stands at 19.4% below the local average, offering a compelling entry point for builders or investors looking to create value. The property boasts period features such as sash windows and decorative fireplaces, which add character and charm, while its flexible layout allows for a variety of future uses.

However, the interior is dated and shows signs of general wear and tear across several rooms, including the living areas and bedrooms. Both the kitchen and bathrooms also feature older fittings that would benefit from modernisation. The garden is cluttered and requires attention to enhance its appeal. Overall, while significant renovation is required throughout, the location and potential for sympathetic refurbishment make this property a worthwhile consideration for those looking to invest in a project with considerable upside.

Key opportunities

  • Retain and enhance appealing period features such as sash windows and decorative fireplaces.
  • Flexible layout allows for various potential uses, including the option to modernise the basement flat.
  • Opportunity to improve the outdoor space, transforming the cluttered garden into a desirable feature.

Key risks

  • General wear and tear visible in multiple areas may lead to unforeseen costs.
  • Limited renovation estimates available, impacting budget planning.

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Map

Location

Grosvenor Place South, Cheltenham Town Centre
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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
£1,228
Based on a loan of £243,750 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

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Indicative tax based on the asking price and the options you select.

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