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Hatherley Road, Cheltenham, GL51 - Image 1
Hatherley Road, Cheltenham, GL51 - Image 2
Hatherley Road, Cheltenham, GL51 - Image 3
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Hatherley Road, Cheltenham, GL51

South West

£475,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
996 sqft

Description

This detached bungalow offers a rare opportunity for renovation and investment within a sought-after residential area. Set on approximately one-third of an acre, the property provides ample scope for extension and modernization, allowing prospective buyers to transform it into a contemporary family home tailored to their needs. The bungalow has been cherished by the same family for over 40 years and is now ready for new owners to reimagine its potential. A spacious driveway leads to a detached garage, ensuring convenient off-road parking. The existing layout comprises two sizeable double bedrooms at the front of the home, complemented by a shower room. At the rear, the living space features a kitchen and a sitting/dining area that opens into a conservatory, providing views of the mature south-facing gardens. French doors grant access to an outdoor patio that enjoys sunlight throughout the day, enhancing the connection between indoor and outdoor living. Additional benefits include a partially converted loft room, gas central heating, and double glazing, which add functionality while presenting opportunities for further enhancement. The expansive gardens are particularly noteworthy; they feature well-established trees and shrubs that create a peaceful retreat ideal for relaxation or entertaining. Located just 1.5 miles from the town center and within walking distance of nearby schools, shops, and public transport links—including easy access to the train station—this property is well-positioned for convenience. It is also close to green spaces perfect for outdoor activities. The area offers an impressive range of amenities including medical services, recreational parks, and straightforward connections to major roadways such as the M5. With no onward chain associated with this sale, this property is an appealing prospect for investors or those looking to create their dream home in an attractive setting. The vibrant town of Cheltenham is known not only for its shopping options but also for its cultural events and excellent educational facilities, making it a desirable location for families and professionals alike.

Investment Analysis

(GL51 area)

Above Market Value

This property is priced +40.3% above area average per sq ft

+40.3%
This Property
£477/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£372,394
10% above area average per sq ft
Potential ROI
-32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hatherley Road, Cheltenham, GL51
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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
£1,740
Based on a loan of £356,250 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