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9 Rowe Court, St Georges Road, Cheltenham GL50 3EF - Image 1
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9 Rowe Court, St Georges Road, Cheltenham GL50 3EF

South West

£225,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
959 sqft

Description

This spacious second-floor flat, located in a modern block built in the early 1980s, presents an excellent opportunity for renovation and investment. Accessible via a lift or well-maintained communal stairways, the property features a wide entrance hall that leads to various living spaces. The sitting room, bright and airy thanks to its dual aspect windows, opens out onto an enclosed balcony with views over St Georges Road—an ideal spot for relaxation. Adjoining the sitting room is a versatile dining room that could easily serve as a study or additional living space. The kitchen/breakfast area, situated at the rear of the flat, is functional but requires updating to realize its full potential. Two generously sized bedrooms are positioned at the front of the flat, providing ample natural light and accommodating various layouts. The bathroom is spacious enough to be reconfigured if desired, allowing for modern amenities such as a shower cubicle. A garage located in a separate block at the rear adds practical value to this property. This feature is particularly beneficial given the urban setting where parking can often be at a premium. While the flat requires modernisation throughout—with gas-fired central heating and uPVC double glazing already in place—this presents an excellent canvas for someone looking to customize their living space or pursue rental opportunities. With a leasehold arrangement that includes a share of the freehold and low ground rent, coupled with service charges set to increase modestly in 2026, this property is not only appealing from a residential standpoint but also offers strong investment potential due to its location and features.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£235/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£393,583
10% above area average per sq ft
Potential ROI
+54.3%
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

9 Rowe Court, St Georges Road, Cheltenham GL50 3EF
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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
£824
Based on a loan of £168,750 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