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Salter Street, Berkeley, GL13 9BU - Image 1
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Salter Street, Berkeley, GL13 9BU

South West

£300,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1137 sqft

Description

Nestled in the historic town of Berkeley, this spacious two-bedroom terraced home presents a unique opportunity for renovation enthusiasts and investors alike. Spread across three levels, the property boasts a generous rear garden and a versatile outbuilding that offers potential for conversion into an office or guest accommodation, pending modernisation. The ground floor features a charming lounge with exposed beams and a wood-burning stove, creating an inviting atmosphere. The open-plan kitchen and dining area is well-suited for family gatherings but could benefit from contemporary updates to enhance its functionality. On the first floor, two sizable bedrooms with built-in storage accompany a family bathroom, while the second-floor attic room adds extra flexibility—albeit without current building regulations approval. While some areas of the home require updating, this offers an exciting blank canvas to craft a distinctive residence in a desirable location with no onward chain. Berkeley itself is enriched by its proximity to picturesque countryside and essential amenities, making it an ideal spot for commuters traveling to Bristol and beyond.

Investment Analysis

(GL13 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£264/sq ft
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£379,775
10% above area average per sq ft
Potential ROI
+16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (GL13)

Area prices are falling by +16.0% over the last 12 months
3 year growth: 0.2%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on GL13 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

Salter Street, Berkeley, GL13 9BU
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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
£1,099
Based on a loan of £225,000 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