Summary - 298 GLOUCESTER ROAD CHELTENHAM GL51 7AG
19 bed 1 bath Detached
**Standout Features:**
- 19 letting bedrooms with good income potential
- Detached Victorian house in no. 1 location close to transport links
- Large off-road parking area with development potential (STPP)
- Currently profitable with an approximate annual profit of £150K
- Modern furnishings and amenities in all rooms
**Property Summary:**
Discover a unique investment opportunity in the heart of Cheltenham with this extensive 19-bedroom detached house located at 298 Gloucester Road. This well-maintained property features a low-maintenance room-only accommodation model, generating substantial profits with a solid client base. Each bedroom comes equipped with modern amenities, including full-size fridges, microwaves, and individual bathroom facilities enhancing the appeal for prospective tenants.
The property benefits from an excellent location, just minutes from the Cheltenham Spa Railway Station and a wealth of local attractions, including shops, restaurants, and cultural events. With ample off-road parking and a sizeable plot, there is significant potential for future development or extension subject to necessary consents.
While the building presents a fantastic investment prospect, buyers should note that it requires standard upkeep typical for properties of its age (pre-1900). This presented opportunity is ideal for savvy investors looking for stability in rental income, given Cheltenham's high demand for quality accommodation. Don’t miss out on adding this lucrative property to your portfolio—properties of this caliber are rarely available for long!
Hotel for sale in RoomsBooked Gloucester Road, 298 Gloucester Road, Cheltenham, GL51 7AG, GL51 — £1,395,000 • 1 bed • 1 bath • 542 ft²
22 bedroom terraced house for sale in Central Hotel, Portland Street, Cheltenham, GL52 2NZ, GL52 — £1,495,000 • 22 bed • 1 bath
5 bedroom terraced house for sale in RoomsBooked Gloucester Place, 2 Gloucester Place, Cheltenham, GL52 2RJ, GL52 — £995,000 • 5 bed • 1 bath • 2670 ft²
Hotel for sale in Central Hotel, Portland Street, Cheltenham, GL52 2NZ, GL52 — £1,495,000 • 1 bed • 1 bath
Hotel for sale in RoomsBooked Gloucester Place, 2 Gloucester Place, Cheltenham, GL52 2RJ, GL52 — £995,000 • 1 bed • 1 bath • 2670 ft²
Leisure facility for sale in Notley Guest House, 93 Hucclecote Road, Gloucester, GL3 3TR, GL3 — £650,000 • 1 bed • 1 bath • 3104 ft²
