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Festival Way, Cheltenham, Gloucestershire, GL50 - Image 9

Festival Way, Cheltenham, Gloucestershire, GL50

South West

£290,000
Listed on 31/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
688 sqft

Description

This contemporary two-bedroom home is positioned within a larger-than-average plot, tucked away in a peaceful cul-de-sac. Its location offers several advantages, being just 0.9 miles from the scenic Pittville Park and Pump Rooms, 0.2 miles from the Prince of Wales Athletic Stadium and Cheltenham Leisure Centre, and only a short walk of 0.6 miles to the vibrant town centre. Upon entering, you're greeted by a living room that flows into the kitchen and dining area, providing a practical layout for everyday living. The kitchen is well-appointed with generous storage solutions, a gas hob, double oven, dishwasher, and refrigerator/freezer – ideal for both cooking enthusiasts and families alike. Additionally, there is a convenient laundry space and extra storage on the ground floor. Moving upstairs, you'll discover two thoughtfully designed bedrooms. The master bedroom features an en-suite bathroom and built-in wardrobe for added convenience. A family bathroom serves the second bedroom and includes essential amenities like a bathtub and wall-mounted basin unit. Outside, the property offers private parking for two vehicles along with a low-maintenance front garden. The south-facing rear garden is particularly noteworthy – it boasts an expansive patio area complete with a firepit, a practical shed for additional storage, and a substantial sun shelter that comes with full planning permission for future enhancements. This outdoor space currently accommodates a hot tub available through separate negotiation. With its solid foundation and potential for further renovation or investment development—particularly given its spacious lot and prime location—this property presents an excellent opportunity for both homeowners seeking comfort as well as investors looking to enhance value in Cheltenham's thriving market.

Investment Analysis

(GL50 area)

Above Market Value

This property is priced +13.0% above area average per sq ft

+13.0%
This Property
£422/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£282,362
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by +6.4% over the last 12 months
3 year growth: -6.7%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on GL50 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

Festival Way, Cheltenham, Gloucestershire, GL50
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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
£1,062
Based on a loan of £217,500 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.

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