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Townsend Street, Cheltenham GL51 - Image 1
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Townsend Street, Cheltenham GL51

South West

£225,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
958 sqft

Description

This mid-terrace three-bedroom home, located on the desirable Townsend Street, boasts a classic red-brick façade and is set within a well-established residential area. The property spans two floors and comprises two reception rooms, an extension at the rear, a ground floor shower room, and a first-floor cloakroom. It's clear that some modernization work is required, providing an excellent opportunity for buyers interested in updating the space to their taste. This home would be ideal for first-time buyers or investors looking for a refurbishment project within striking distance of Cheltenham Town Centre. The entrance leads into a central hallway that connects to the main living spaces and stairs to the upper level. The front-facing reception room features ample natural light from its large window, offering potential for various layouts from formal dining to cozy reading nooks. The living/dining area flows seamlessly into the lean-to extension at the back, which enhances the home's adaptability with glazed doors opening to the garden. The kitchen is equipped with wooden effect cabinetry and essential appliances but could benefit from an update to maximize efficiency and style. The ground floor shower room has been fitted with contemporary fixtures yet still offers scope for personal enhancement. Upstairs are three bedrooms; two generous doubles and a single room suitable for guests or as an office space. A cloakroom adds convenience to this level. Outside, the enclosed garden provides a low-maintenance area perfect for outdoor activities. With on-street permit parking available and easy access to local amenities, transport links, and Cheltenham’s vibrant centre, this property presents a promising investment for those willing to undertake necessary renovations.

Investment Analysis

(GL51 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£235/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£366,248
10% above area average per sq ft
Potential ROI
+46.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GL51)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -0.6%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on GL51 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

Townsend Street, Cheltenham GL51
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£797
Based on a loan of £168,750 over 30 years at 3.91% 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.

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