Worst House on the Street Logo
St. James Square, Cheltenham GL50 - Image 1
St. James Square, Cheltenham GL50 - Image 2
St. James Square, Cheltenham GL50 - Image 3

St. James Square, Cheltenham GL50

South West

£550,000
Listed on 22/01/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1776 sqft

Description

This notable period townhouse offers a versatile opportunity for renovation and investment in Cheltenham's town centre. Spread across multiple floors, this substantial property includes a self-contained basement flat, presenting unique potential for dual occupancy or rental income. Each dwelling operates on its own heating system and has separate council tax bands, enhancing the investment appeal. The main house features spacious living areas, including a well-fitted kitchen/breakfast room and an array of bright and adaptable rooms, while the basement flat awaits modernization to unlock its full potential. An enclosed rear garden accessible from both properties adds significant value as an outdoor amenity for residents or guests. Conveniently located near a range of local amenities and transport links, this property represents a promising refurbishment project in a sought-after location.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£310/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£731,330
10% above area average per sq ft
Potential ROI
+14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -5.8%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on GL50 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

St. James Square, Cheltenham GL50
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates