Summary - 20 MITRE STREET CHELTENHAM GL53 7JS
3 bed 2 bath End of Terrace
Chain-free Victorian townhouse near Sandford Park — investment or family conversion opportunity.
No onward chain — immediate purchase possible
A substantial Victorian end-of-terrace arranged over lower-ground, ground and first floors, offered chain free and ready for refurbishment or re-let. Previously configured as a four-bedroom student let it produced a gross annual income of £23,163, so the house already demonstrates reliable rental demand and flexible layout for investor returns. Located on a quiet no-through road on the cusp of Sandford Park and St Luke’s, the property sits within easy walking distance of the town centre, parks, shops and transport links.
The accommodation includes two large reception rooms, a basement reception/utility, a well-equipped kitchen opening to a small rear courtyard, a ground-floor shower/utility room and a generous first-floor bathroom with two large bedrooms accessed from the landing. The house benefits from gas central heating, double glazing (fitted post-2002) and a compact courtyard which keeps maintenance low.
Important practical points: the building is solid-brick Victorian construction (likely no wall insulation) and would benefit from cosmetic modernisation and energy-efficiency upgrades. There is a medium flood risk for the area and local crime levels are described as high — both factors to consider for insurance and tenant management. The property is freehold with affordable council tax and excellent broadband and mobile coverage.
This home suits investors seeking an income-producing asset near Cheltenham town centre, or buyers wanting to convert the flexible space into a comfortable family house. The combination of location, size (approximately 1,283 sq ft) and no onward chain offers clear scope for value uplift through targeted refurbishment or reconfiguration.
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