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Shearwater Grove, Innsworth, Gloucester, Gloucestershire, GL3 - Image 1
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Shearwater Grove, Innsworth, Gloucester, Gloucestershire, GL3

South West

£260,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom bungalow presents a compelling opportunity for renovation and investment, situated on a generous corner plot in the desirable area of Innsworth. The property is offered with no onward chain, making it an attractive option for buyers looking to engage in a project without delay. Inside, the layout features an entrance hallway that leads to a living room, kitchen, and conservatory—areas that hold significant potential for modernization and reconfiguration. The three bedrooms and bathroom provide a solid foundation for imaginative updates that could enhance both functionality and aesthetic appeal. The exterior of the property offers practical advantages as well. Positioned on a corner lot, there is ample parking space along with a detached garage. The rear garden is spacious and presents opportunities for landscaping or outdoor enhancements, adding further value to the property. Given its location and potential for improvement, this bungalow is an ideal candidate for those looking to invest in a project that could yield substantial returns through thoughtful renovation.

Investment Analysis

(GL3 area)
Area Average
£325/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GL3)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -0.5%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on GL3 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

Shearwater Grove, Innsworth, Gloucester, Gloucestershire, GL3
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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
£952
Based on a loan of £195,000 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