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Charnwood Road, Leckhampton, Cheltenham - Image 1
Charnwood Road, Leckhampton, Cheltenham - Image 2
Charnwood Road, Leckhampton, Cheltenham - Image 3
Charnwood Road, Leckhampton, Cheltenham - Image 4
Charnwood Road, Leckhampton, Cheltenham - Image 5

Charnwood Road, Leckhampton, Cheltenham

South West

£645,000
Listed on 26/09/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1151 sqft

Description

This generously sized detached bungalow in the sought-after Leckhampton area of Cheltenham presents an exceptional opportunity for renovation and investment. With no onward chain, this property is primed for transformation into a modern family home. The potential for enhancement is significant, with options including a loft conversion or possibly adding an annexe, contingent on obtaining the necessary planning permissions. The flexible layout features an entrance hall, a spacious living/dining area, a kitchen/breakfast room, five bedrooms, a bathroom with a separate WC, and an additional shower room. While the property benefits from gas central heating and double glazing for comfort and efficiency, further modernisation would unlock its full potential. Set on a sizeable plot, the property boasts expansive front and side gardens as well as a south-facing rear garden adorned with mature shrubs and a summer house—ideal for outdoor relaxation or hosting gatherings. Ample off-road parking and a garage add to the practical appeal of this home. Situated just 1.5 miles from the vibrant Bath Road amenities—including shops, cafés, and restaurants—and close to picturesque walks on Leckhampton Hill, this location combines convenience with leisure. Known for its cultural events like the Literature Festival and Food & Drink Festival, Cheltenham offers a lively lifestyle that attracts residents year-round. This unique property is not just a house; it’s an opportunity to craft your dream home in one of Cheltenham's most desirable locales. Viewing is highly recommended to fully appreciate its potential.

Investment Analysis

(GL53 area)

Above Market Value

This property is priced +24.1% above area average per sq ft

+24.1%
This Property
£560/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£360
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£571,707
10% above area average per sq ft
Potential ROI
-18.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (GL53)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on GL53 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

Charnwood Road, Leckhampton, Cheltenham
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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
£2,363
Based on a loan of £483,750 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