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Bath Parade, Cheltenham... 13 bed terraced house for sale
Bath Parade, Cheltenham, Gloucestershire, GL53
£1,325,000
Bath Parade, Cheltenham, Gloucestershire, GL53
£1,325,000
Our Summary
- Nestled in the heart of Cheltenham's vibrant Bath Parade, Abbey Townhouse B & B presents an exceptional opportunity for investors, developers, and those seeking a potential conversion project
- Currently operating as a charming & successful bed and breakfast, this substantial period property offers a range of exciting possibilities, subject to planning permission
- Alternatively, there is scope to convert the building into student housing or multiple apartments, subject to planning approval, making it a versatile investment for various buyer needs
- With easy access to local parks, shops, cafés, and schools, the location offers an attractive proposition for both potential tenants and homeowners
- Given the demand for both residential and student housing in Cheltenham, alongside the rare chance to acquire a fully operational B&B business, this is an outstanding investment opportunity not to be missed
- Approved planning for two residential dwellings
- Excellent possibility for conversion into student accommodation, subject to obtaining the necessary change of use permissions
Description
Nestled in the heart of Cheltenham's vibrant Bath Parade, Abbey Townhouse B&B presents a unique opportunity for investors, developers, and those seeking a potential conversion project. This substantial period property, currently operating as a successful bed and breakfast, offers a range of exciting possibilities, subject to planning permission. With approved plans to convert into two spacious residential dwellings, the property can be reconfigured to create contemporary family homes or alternatively, converted into student housing or multiple apartments. Alternatively, the property can be acquired as a fully operational and established B&B business, with a long-standing reputation and existing client base. The property boasts a generous and well-proportioned layout, comprising multiple reception rooms, 14 guest bedrooms, and ample storage, with a large private garden and 15 parking permits. Given the demand for both residential and student housing in Cheltenham, this is an outstanding investment opportunity not to be missed, offering the chance to create a unique and desirable property in one of Cheltenham's most desirable locations.