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4 bedroom house for sale
Resi Development | Cheltenham
£275,000
Resi Development | Cheltenham
£275,000
Our Summary
- Hollis Morgan – APRIL LIVE ONLINE AUCTION – A Freehold DEVELOPMENT OPPORTUNITY ( 3249 Sq Ft ) with PLANNING GRANTED for 2 x 2 BED HOUSE | Scope for 6 - 8 bed HMO stc | Requires MODERNISATIONFor Sale By Live Online Auction - ADDRESS | 18 - 19 Henrietta Street City Centre, Cheltenham GL50 4AA Lot Number 56The Live Online Auction is on Wednesday 23rd April 2025 @ 17:30Registration Deadline is on Monday 21s April 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - A Grade II Listed Freehold pair of terraced commercial properties with accommodation ( 3249 Sq Ft ) arranged over two floors plus basement including a large ground floor extension across the rear and pedestrian access to the public car park at the rear and located opposite the landmark Brewery Quarter development in the heart of the City
- Tenure - FreeholdUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - The properties are offered with vacant possession and now require modernisation
- RESIDENTIAL DEVELOPMENTPlanning ( 22/02032/FU ) and listed building consent ( 22/02032/LBC ) has been granted to convert the existing into 2 x 2 bedroom houses with enclosed rear gardens
- HMO There is potential to covert the property into a 6 - 8 bedroom high yielding HMO
- Planning Granted - 22/02032/FUL| Change of use of 18 and 19 Henrietta Street from Class E (commercial) to Class C3 (residential) to create two dwellings, involving internal and external alterations including the demolition of existing extensions and the provision of new extensions22/02032/LBC| Change of use of 18 and 19 Henrietta Street from Class E (commercial) to Class C3 (residential) to create two dwellings, involving internal and external alterations including the demolition of existing extensions and the provision of new extensionsPlanning Information - Full details of the proposed scheme and drawings can be downloaded with the online legal pack
- No doubt, there could also be scope to section off the commercial space and add residential units above, subject to the relevant consents
- APRIL LIVE ONLINE AUCTION
- FOR SALE BY ONLINE AUCTION
- MODERNISATION | SCOPE FOR HMO stp
- PLANNING GRANTED | 2 X 2 BED HOUSES
Description
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Here is a summary of the property description in a single paragraph:
A Freehold development opportunity is being offered for sale by live online auction on April 23rd, 2025. The property, located in the heart of Cheltenham's city centre, comprises a pair of Grade II Listed terraced commercial properties with 3,249 square feet of accommodation over two floors plus basement. The properties require modernization and have planning permission granted to convert them into two 2-bedroom houses, with potential to convert into a 6-8 bedroom HMO. The property is sold with vacant possession and offers a rare opportunity to acquire adjacent commercial properties. With a rich history and a prime location, this development opportunity is perfect for investors and developers looking to capitalize on the area's growing demand for residential and commercial space.