BEST AND FINAL OFFERS IN WRITING BY MONDAY 4TH NOVEMBER AT 11AM. Introducing a unique opportunity to acquire a four-story property located in the heart of Cheltenham. This property, situated on Henrietta Street, is a blank canvas awaiting transformation. While it requires a full renovation—including the installation of a kitchen and bathroom—it presents brilliant potential for investors looking to capitalize on the thriving rental market in Cheltenham. Whether you envision this as a charming family home or a lucrative Airbnb or assured shorthold tenancy (AST), this residence offers a remarkable opportunity to create a space tailored to modern living.
Block viewings scheduled for Thursday 31st October, please call for a time.
Property Features
Cash Purchase Only:
Due to the current condition of the property, we are only accepting cash offers. This stipulation ensures that potential buyers and investors can facilitate a smooth transaction and commence renovations without delays due to its non-mortgage-able state.
Full Renovation Required:
The property is in need of extensive renovations. This includes the installation of a kitchen and bathroom, as well as any structural improvements to meet modern standards. This aspect offers a unique opportunity to design and build the home of your dreams from the ground up, personalizing every feature to your liking.
Four Floors of Potential:
Spanning four floors—including a spacious basement and attic room—this property offers ample space for creative renovations. The basement can be transformed into additional living space, storage, or even a recreational area, while the attic room provides the potential for a third bedroom or a cozy office space, maximizing the property's usability.
Potentially Three Bedrooms: The layout can be adapted to include potentially three generous bedrooms, catering to families and professionals alike. This flexibility enhances the rental potential, appealing to a wide range of tenants.
Enclosed Rear Garden:
One of the standout features of the property is the enclosed rear garden, which provides a private outdoor space for relaxation and entertainment. With some creative landscaping and design, this area can become a beautiful garden oasis, perfect for summer barbecues, gardening, or a children’s play area.
Brilliant Investment Potential:
This property is ideally located in the bustling town centre of Cheltenham, surrounded by local amenities, shops, restaurants, and attractions. Given its location, the property is prime for either short-term Airbnb rentals or long-term assured shorthold tenancies. The demand for rental properties in this area remains high, making this an enticing investment opportunity.
Proof of Funds Required for Viewings:
We require proof of funds from all potential buyers before scheduling viewings. This requirement ensures that both the seller and interested parties are aligned on the financial aspect, promoting a smooth transaction process.
Location: Henrietta Street, Cheltenham
Nestled in the vibrant heart of Cheltenham, Henrietta Street is a highly sought-after location known for its rich historical significance and lively atmosphere. As a central residential enclave, it provides easy access to a variety of local amenities, including cafés, shops, and parks. Residents can enjoy the convenience of having everything they need right at their doorstep, making it an attractive area for both families and professionals.