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Elderwood Way, Tuffley, Gloucester, GL4 - Image 1
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Elderwood Way, Tuffley, Gloucester, GL4 - Image 5

Elderwood Way, Tuffley, Gloucester, GL4

South West

£180,000
Listed on 14/05/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
871 sqft

Description

This end-terraced house offers an exciting opportunity for renovation and investment, presenting a blank canvas for those looking to customize their living space. Comprising three bedrooms, this property features essential living areas, including a lounge, dining room, and kitchen, alongside a family bathroom. Located on a pedestrian-friendly walkway, the home enjoys a tranquil setting while still offering convenient access to local amenities. The property is equipped with UPVC double glazing and gas radiator central heating, contributing to its overall comfort and efficiency. The rear garden provides additional outdoor space with both side and rear access, ideal for potential landscaping or expansion projects. While it does not come with allocated parking, the surrounding area may offer alternative parking options nearby. This residence is being sold with no onward chain, streamlining the buying process for prospective investors or homeowners ready to take on a renovation project. With an approximate rental value of £1,000 per month, this property holds significant potential for those looking to enter the rental market. For further details regarding investment possibilities or to arrange a viewing, please get in touch with Michael Tuck Estate Agents.

Investment Analysis

(GL4 area)

Below Market Value

This property is priced -31.0% below area average per sq ft

-31.0%
Potential saving
This Property
£207/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£286,951
10% above area average per sq ft
Potential ROI
+30.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (GL4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.6%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on GL4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Elderwood Way, Tuffley, Gloucester, GL4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE