3 bed house for sale Townsend Street, Cheltenham, GL51 9HA

3 beds 1 bath Terraced

Freehold

Added on 08/09/2026

About this property

Two-Bedroom Investment Property With Tenants In Situ – 7.33% Gross Yield – No Onward Chain

Offered to the market and to be sold with tenants in situ, this well-presented three-bedroom terraced property represents an attractive opportunity for investors seeking an established rental property within easy walking distance of Cheltenham town centre. Currently generating £18,330 per annum, the property provides a gross rental yield of approximately 7.33% at the asking price, allowing a purchaser to acquire an investment with an existing income stream from completion.

Property type: Terraced
Bedrooms: 3
Bathrooms: 1
Tenure: Freehold
Council tax band: Ask agent
Postcode: GL51 9HA

Key features

Three Bedroom Rental Property
Tenants In Situ Producing Immediate Income
£18,330 Current Annual Rental Income
Approximately 7.33% Gross Rental Yield
Two Generous Double Bedrooms Upstairs
Separate Living Room
Useful Cellar Storage Space
Private Low-Maintenance Rear Courtyard
Walking Distance To Cheltenham Town Centre
Established Buy-To-Let Investment Opportunity

Floorplan

Location

Townsend Street, Cheltenham, GL51 9HA

Open map Street View

Sold prices in GL51 9HA

HM Land Registry sales in GL51 9HA. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
3, Townsend Street Terraced	Terraced	Nov 2023	1,152 sq ft £234/sq ft	1,152 sq ft	£234	£270,000
49, Townsend Street Terraced	Terraced	Sept 2022	818 sq ft £244/sq ft	818 sq ft	£244	£200,000
9, Townsend Street Terraced	Terraced	Feb 2022	667 sq ft £255/sq ft	667 sq ft	£255	£170,000
17, Townsend Street Terraced	Terraced	Jul 2021	635 sq ft £294/sq ft	635 sq ft	£294	£186,950
7, Townsend Street Terraced	Terraced	Mar 2021	807 sq ft £248/sq ft	807 sq ft	£248	£200,000
41, Townsend Street Semi-detached	Semi-detached	Mar 2021	764 sq ft £255/sq ft	764 sq ft	£255	£195,000
29, Townsend Street Terraced	Terraced	Nov 2020	947 sq ft £177/sq ft	947 sq ft	£177	£167,500
45, Townsend Street Terraced	Terraced	Feb 2019	667 sq ft £277/sq ft	667 sq ft	£277	£185,000