Grosvenor Terrace, Cheltenham, Gloucestershire, GL52
South West
£250,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
1557 sqftFeatures
- Garage
- Terrace
Description
This detached town-centre house is arranged over three floors, with additional basement accommodation, an integral garage and a private rooftop terrace. The accommodation includes a separate kitchen and a lounge/dining room with a fireplace, alongside three bedrooms and a family bathroom. The listing describes the property as requiring renovation and modernisation throughout.
The basement comprises two substantial rooms, currently described as useful storage, with any alternative use dependent on refurbishment, investigation and necessary consents. The terrace sits above the garage and offers private outdoor space. The property is in central Cheltenham, within walking distance of the High Street, Promenade, Montpellier, Imperial Gardens and the Brewery Quarter. Cheltenham Spa station and the A40, A417 and M5 provide rail and road connections.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £250,000, this detached Cheltenham town-centre house is offered at £161/sq ft, well below the local average of £375/sq ft—a compelling entry point for a substantial value-add project. The three-floor layout, fireplace, integral garage and private rooftop terrace give the renovation scope some distinctive features, while the basement adds substantial space to investigate and potentially improve.
The photographed interiors are largely dated, and the basement has pronounced staining and mould-like growth; the exterior render is weathered and the roof appears moss-marked, though its detailed condition is not established. The £35,000–£65,000 renovation range signals a substantial programme rather than a cosmetic refresh, with the basement and exterior needing careful assessment. Overall, the low asking price, strong fundamentals and scope to create a distinctive central home underpin the good-opportunity score.
Key opportunities
- Rework the three-floor accommodation and refresh the dated finishes to create a distinctive central Cheltenham home.
- Improve the private rooftop terrace and make the most of the integral garage, both notable assets in this town-centre setting.
- Investigate the substantial basement rooms and establish how best to improve their use.
Key risks
- The £35,000–£65,000 works range and substantial basement, interior and exterior scope make this a full project to budget and programme, not a cosmetic refresh.
- Pronounced staining and mould-like growth in the basement need investigation before remedial work is specified.
- Weathered, locally deteriorated exterior render and moss-marked roof surfaces warrant closer inspection; the roof condition is not established from the available images.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% interest
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