Summary - Pallas Villa, The Park, Cheltenham, GL50 2RQ GL50 2RQ
1 bed 1 bath Residential Development
Prime Cheltenham site with significant conversion potential and vacant possession.
Freehold detached Grade II listed Victorian building, circa 5,795 ft² NIA
Guide price: offers invited in the region of £2,000,000, vacant possession
Site area approx. 0.15 hectares (0.38 acre) with mature garden
Circa 40 rooms across four storeys; separate lower-ground access
Off-street tarmac car park to the front; generous rear garden
Suitable for multi-unit or communal living, subject to planning (STP)
Listed status restricts structural changes; listed building consent required
EPC D (93) — energy upgrades likely for modern residential conversion
Pallas Villa is a substantial Grade II listed Victorian building offered freehold with vacant possession and a guide price of offers invited in the region of £2,000,000. The property extends to approximately 5,795 sq ft (NIA) on a 0.15 hectare (0.38 acre) plot, with mature gardens, front parking and a separate lower-ground access. Internally the building has been renovated to a modern standard but retains period features such as ornate coving, a grand staircase and high ceilings.
The site offers adaptable floorplates across four storeys (including basement) and circa 40 rooms, making it well suited to conversion into high-end multi-unit residential, student communal living, or office/educational uses, subject to planning (STP). Practical benefits include off-street parking, a separate side access to the lower ground floor and fast broadband connectivity serving the affluent Park area of Cheltenham.
Important considerations: the Grade II listed status will materially constrain alterations and will require listed building consent for significant works. The EPC is D (93), so energy-improvement works may be needed for modern residential standards. While recently renovated, the building’s listed fabric and historic layout may limit straightforward subdivision and will add consenting and conservation costs.
This opportunity suits buyers seeking a prominent, adaptable Victorian asset in a well-connected, high-value Cheltenham address — investors or developers experienced with listed buildings and conservation-led conversions will find the site most appropriate.
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