32, Wasley Road, CHELTENHAM, Gloucestershire, GL51 7TW

Lot 85 · GL51 7TW · Barnard Marcus · South West

£25,000guide price
Residential
32, Wasley Road, CHELTENHAM, Gloucestershire, GL51 7TW
Photo: Barnard Marcus catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

88 year lease

The lease length deserves a legal-pack check before setting a bid limit.

medium confidence, Auction listing enrichment

EPC not confirmed

The listing does not show a clean EPC rating. The full pack checks the official register by address.

low confidence, Auction listing enrichment

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About this lot

Leasehold ground floor purpose built self-contained flat. Investment: Rent Reserved: £6,600 per annum.

:Leasehold ground floor purpose built self-contained flat.Accommodation:Ground floor: One bedroom, reception room, kitchen, bathroom/WC, hallwayOutside: Communal gardensEPC rating: TBCTenancy:The property is let on an Assured Shorthold Tenancy Agreement (AST) for a term of 6 months from 19th July 2023 to 18th January 2024 (holding over) at a rent of £550 per calendar month.Rent Reserved: £6,600 per annum.Council Tax Band: ALease: Held on a lease for a term of 125 years from 23rd January 1989 (Thus having approximately 88 years remaining) at a ground rent of £10 per annum.Important Notice:For each Lot, a contract documentation fee of £1,800 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.Prospective purch…

From the Barnard Marcus listing. Read the full listing and legal pack →

Key facts

85Lot number
ResidentialUse class
LeaseholdTenure
88 yearsLease remaining
£7K/yrPassing income
10 September 2026Auction date

Recent sold prices nearby

8 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

62 OR***** AV****GL51 7LE£159,000
70 OR***** AV****GL51 7LE£173,000
56 OR***** AV****GL51 7LE£120,000

5 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in GL51

Evidence from 251 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+51.8%median uplift
£46,000typical value added
4 yearstypical hold period

See 251 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 251 registered sale pairs in GL51 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

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