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7 bedroom town house for sale
London Road, Cheltenham, GL52
£950,000
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)
- Scope to increase income through refurbishment and upgrading of flats
Description
This Grade II* listed Regency townhouse, dating back to the early 19th century, is a stunning property that offers a unique blend of elegance, charm, and potential for enhancement or reinstatement as a grand family home. The property is currently arranged as five self-contained flats, providing a secure rental income, but there is scope to increase income through sympathetic upgrades or refurbishment. Alternatively, subject to planning and listed building consent, the property could be reinstated as a large Regency family home. The property boasts a range of impressive architectural features, including an ashlar stone façade, refined cornices, and proportions, as well as a two-storey porch with veranda, first-floor balcony, and second-floor windows with original tent hoods. The property also features a charming walled garden to the rear, offering privacy and seclusion. Located in a prime position, the property is close to Cheltenham College and Cheltenham Ladies' College, as well as the town centre, railway station, and surrounding amenities.