Initial price	£465,000
29/04/25	£450,000
24/06/25	£400,000
Price Change	-13.98%

This traditional 3-bedroom period townhouse in Cheltenham offers a unique opportunity for investment or a spacious family home. The property currently generates a combined rental income of £19,200 per annum through its 1-bedroom lower ground floor apartment, which could be converted back into a single dwelling if desired. The main house features an entrance hall, sitting room, dining room, kitchen, and three bedrooms, including a family bathroom. The property also boasts a single garage and a mostly laid-to-lawn rear garden. The lower ground apartment has its own entrance, kitchen, bathroom, and sitting/dining room, with a useful covered courtyard area. With gas central heating, double glazing, and residents' permit parking, this property is a rare find in a convenient location close to the town centre and Sandford Parks & Lido.