Worst House on the Street Logo
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 1
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 2
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 3
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 4
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 5
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 6
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 7
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 8
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 9
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 10
Lee Close, Cheltenham, Gloucestershire, GL51 - Image 11

Lee Close, Cheltenham, Gloucestershire, GL51

South West

£162,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This spacious three-bedroom home presents a solid opportunity for those looking to invest in a property with considerable renovation potential. The layout features a welcoming porch and entrance hall that guide you into the main living areas, which include a generous living room and an adjoining dining area, both offering ample space for customization. The kitchen, while functional, awaits updates that could transform it into a modern culinary space. Upstairs, you’ll find two well-proportioned double bedrooms and a single bedroom, alongside a family bathroom that holds promise for revitalization. This arrangement not only highlights the property's capacity for personalization but also offers flexibility for potential rental income or family living. Outside, the private rear garden provides a blank canvas ideal for landscaping or creating an outdoor entertainment area. Additionally, off-road parking at the front adds convenience and value to the property. Situated in a location that benefits from local amenities and access to transport links, this home is perfectly poised for someone looking to make their mark. Whether you're a first-time buyer keen to add your own touch or an investor aiming to enhance property value through renovations, this house offers an excellent foundation for your vision. The absence of an onward chain allows for smoother transaction processes as you embark on your investment journey.

Investment Analysis

(GL51 area)
Area Average
£340/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.6%

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
52
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (GL51)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 4.8%
5 year growth: 22.4%
Investment Disclaimer: Analysis based on GL51 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

Lee Close, Cheltenham, Gloucestershire, GL51
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£593
Based on a loan of £121,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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