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13 bedroom 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 Cheltenham's vibrant Bath Parade, Abbey Townhouse B&B presents a unique investment opportunity for developers, investors, and those seeking a potential conversion project. The substantial period property currently operates as a successful bed and breakfast, but has approved planning permission to convert into two residential dwellings, offering a versatile investment opportunity. Alternatively, the property can be converted into student housing or multiple apartments, subject to planning approval. The property also presents a rare opportunity to acquire a fully operational and established B&B business, with a long-standing reputation and existing client base. The property enjoys a prime location in the heart of Cheltenham, surrounded by Georgian architecture, local parks, shops, cafes, and schools, making it an attractive proposition for both potential tenants and homeowners. With its generous and well-proportioned layout, private garden, and ample parking, the property offers a blank canvas for reconfiguration to suit a variety of residential layouts, making it an outstanding investment opportunity not to be missed.