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Eldorado Crescent, Cheltenham, Gloucestershire GL50

South West

£1,250,000

Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2565 sqft

Description

Kynance is a striking Victorian detached home, crafted from red brick and nestled in one of Cheltenham's desirable tree-lined streets. This property is on the market for the first time in over fifty years, making it a rare find with significant potential for renovation. Its prime location adjacent to the sports grounds of Cheltenham Ladies' College offers spectacular views towards both Cheltenham and Cleeve Hill, while being within easy walking distance of Montpellier's vibrant boutiques, restaurants, and cafés. This residence boasts a wealth of original features that highlight its period charm, yet also presents an unlisted status that provides ample opportunity for tasteful updates and modernisation. The raised ground floor greets you with a grand entrance hall leading to three spacious reception rooms: a formal living room featuring picturesque street views, a dining room with a bay window overlooking the garden, and a flexible morning room or study space. Downstairs, you’ll find the kitchen area complemented by an adjoining pantry and utility room. The lower level also includes valuable utility spaces such as a workshop, coal store, and garage capable of housing contemporary vehicles. The home offers well-proportioned accommodation across split levels on the upper floors, featuring five sizeable double bedrooms. The layout allows for versatile living arrangements with a half-landing bedroom plus three additional double bedrooms and a family bathroom; an extra staircase leads to an independent double bedroom suited for guests or extended family. While this property currently requires modernisation efforts, it stands as an exceptional opportunity for those looking to transform it into an extraordinary family residence. Cheltenham itself is known as the gateway to the Cotswolds and hosts various festivals related to literature, music, food, and more. Plus, with excellent transport links nearby via the M5 and mainline railway servicing London, this location combines leisure with convenience.

Investment Analysis

(GL50 area)

Above Market Value

This property is priced +29.6% above area average per sq ft

+29.6%
This Property
£487/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,061,166
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -6.0%
5 year growth: +4.4%
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

Eldorado Crescent, Cheltenham, Gloucestershire GL50
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,722
Based on a loan of £937,500 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.

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