Summary - Gloucester Place, Cheltenham, Gloucestershire, GL52 GL52 2RN
2 bed 2 bath Terraced
Two one-bed apartments with big basement — investment or convert to family home..
- Large Victorian mid-terrace with 1,459 sqft overall size
- Currently two separate one-bedroom apartments over multiple levels
- Substantial unconverted basement offers conversion potential
- Small courtyard garden and modest front foregarden
- Requires renovation; cracked façade and general cosmetic repairs
- Low to medium ceilings and generally small room sizes
- Freehold, NO ONWARD CHAIN, gas central heating
- Located in town centre; very high local crime rate
A substantial Victorian mid-terrace in the heart of Cheltenham, currently configured as two separate one-bedroom apartments over multiple levels. The property is offered freehold and with NO ONWARD CHAIN, making it straightforward for an investor or buyer seeking an immediate project. Each flat includes an entrance hall, living room, double bedroom and bathroom; a generous, unconverted basement and a small enclosed courtyard to the rear add usable space and conversion potential.
This house suits an investor looking for rental income or a buyer wanting to reinstate a single family home. The building’s solid brick fabric and period character provide a good base, but the property requires renovation throughout — externally there is a cracked façade and interior rooms are generally small with low to medium ceilings. Heating is gas-fired with boiler and radiators; glazing is double but install date is unknown.
Notable positives include an extremely large overall floor area (about 1,459 sqft), central town location with fast broadband and excellent mobile signal, and proximity to shops, transport and multiple schools. Material negatives: the area records very high crime levels, the property needs general refurbishment and cosmetic repair, and the basement is currently unconverted. Buyers should allow budget for updating and possible structural or façade repairs.
For investors this is a clear rental or conversion opportunity in a cosmopolitan, student-and-professional neighbourhood. For a purchaser wanting a family house, there is realistic potential to convert back into a single dwelling and extend usable space via the basement and internal reconfiguration, subject to consents.
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