2 bed flat for sale

Wellington Square, Cheltenham GL50

A rare investment and development opportunity within a beautiful Grade II listed building on prestigious Wellington Square. This two-bedroom, two-bathroom garden flat is sold with an additional ground floor drawing room, with the potential of being a separate unit (subject to planning) and the entire freehold of the building, offering excellent scope to modernise, reconfigure or combine. Open viewing event – Friday 13th February. Investors, cash buyers & developers only.

An exceptional opportunity to acquire a substantial garden apartment with an additional upper floor dwelling, positioned within an elegant Grade II Listed Regency building on one of Cheltenham’s most prestigious addresses in Wellington Square.

Offered to the market strictly as a development and investment opportunity, the property is being sold with the entire freehold of the building, presenting purchasers with long-term asset control and significant value-add potential.

The basement garden flat currently comprises two bedrooms and two bathrooms, alongside a generous reception room with, and direct access to the private garden. A separate kitchen, conservatory, and additional storage areas further enhance the footprint, providing strong scope for refurbishment and reconfiguration.

Externally, the property benefits from a private walled garden and courtyard, offering outdoor space rarely found in central Regency apartments. This space can also be used parking if necessary.

In addition, the sale includes upper floor drawing room, with period features including high ceilings and a fireplace, with the potential for being a self-contained studio, creating multiple investment angles whether for rental income, resale as separate units, or full amalgamation. It has its own entrance to the communal hallway.

There is clear potential to connect the two apartments via the installation of an internal staircase, subject to the necessary consents. Pre-planning drawings have already been prepared and are available upon request, giving developers a valuable head start.

While rich in character with sash windows, fireplaces, and impressive ceiling heights the property now requires modernisation throughout, making it ideally suited to experienced investors, developers, or cash buyers seeking a prime Cheltenham project.