London Road, Cheltenham, GL52 7 bed townhouse for sale

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London Road, Cheltenham, GL52 7 bed townhouse for sale

London Road, Cheltenham, GL52
£950,000

Our Summary

  • A distinguished Grade II* listed Regency property currently arranged as 5 self-contained flats, with potential for enhancement or reinstatement to a grand Regency family home subject to planning and listed building consent
  • Currently arranged as five self-contained flats, the property provides both secure rental income and outstanding scope for enhancement
  • There is clear potential to increase rental income through sympathetic upgrades or refurbishment
  • Alternatively, subject to planning and listed building consent, the property could be reinstated as a grand Regency family home
  • Investment & Development Potential:Current rental income: c
  • £54,000 pa from five flats subject to AST’sScope to increase income through upgrading and refurbishment
  • Flexible use: Retain as investment or reinstate as a grand Regency family home (subject to planning and listed building consent)
  • Flexible use: retain as investment or reinstate as a grand Regency family home (subject to planning and listed building consent)
  • Scope to increase income through refurbishment and upgrading of flats

Description

This Grade II* listed Regency townhouse, built around 1820-1830, is a distinguished property with immense character and potential. Currently arranged as five self-contained flats, it offers a secure rental income and scope for enhancement or reinstatement as a grand family home, subject to planning and listed building consent. The property boasts elegant features such as an ashlar stone façade, refined cornices, and proportions, a striking two-storey porch with veranda, and beautifully preserved wrought-ironwork. The interior retains much of its historic character, with deep sash windows, handsome marble fireplaces, high ceilings with ornate mouldings, and a charming walled garden to the rear. Located in a prime position, the property is close to Cheltenham College, Cheltenham Ladies' College, and the town centre, with direct train services to London, Birmingham, and Bristol from Cheltenham Spa railway station.