Bath Parade, Cheltenham... 13 bed terraced house for sale

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Bath Parade, Cheltenham... 13 bed terraced house for sale

Bath Parade, Cheltenham, Gloucestershire, GL53
£1,325,000

Price History

Initial price £1,450,000
06/06/25 £1,325,000
Price Change -8.62%

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.