- Grade II listed Georgian townhouse +
- Arranged as four self-contained apartments +
- Allocated parking spaces +
- Prime Cheltenham town centre location +
- Estimated rental income £109,000 pa +
- Potential 10%+ gross yield +
- Option for SPV purchase +
An exceptional opportunity to acquire a beautifully restored Grade II listed Georgian townhouse in the heart of Cheltenham town centre, arranged as four self-contained luxury apartments and offering a turnkey investment with strong income potential.
Grosvenor Street forms part of the prestigious “The Residence” development and has been sympathetically restored to blend period elegance with contemporary living. The property is currently configured as four stylish apartments, comprising three one-bedroom flats and one spacious two-bedroom apartment, each finished to a high specification and offered fully furnished.
The apartments feature modern shaker-style kitchens with integrated appliances, stylish bathrooms with marble-effect tiling, and well-proportioned living areas complemented by neutral décor and quality flooring throughout. The building retains its classic Regency character while providing modern conveniences such as integrated appliances, contemporary heating, and CAT6 connectivity.
Each apartment is fully furnished and equipped, making the property ideal for short-let or serviced accommodation use, though it could also be utilised for long-term rental or owner-occupation if desired. The sale presents a rare opportunity to acquire a fully operational investment or a versatile multi-unit residential property in one of the South West’s most desirable towns.
Externally, the property benefits from allocated parking spaces and is situated just moments from Cheltenham’s vibrant town centre, with its renowned restaurants, boutique shops, cultural festivals and the famous Cheltenham Racecourse.
Cheltenham itself is widely regarded as the “Gateway to the Cotswolds”, attracting significant tourism and benefiting from a thriving local economy, excellent transport links and a strong rental market.
The property is available as an ongoing turnkey investment or with vacant possession, and can be purchased either as a standard property purchase or via SPV acquisition.
Service Charges are:-
Basement £1,609.09 per annum
Ground Floor £2,252.73 per annum
First Floor £2,342.12 per annum
Second Floor £2,038.18 per annum
Each Flat has an EPC and can be provided separatly.