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The Close, Cheltenham, GL53 0PQ

South West

£485,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
956 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for renovation and investment, situated in the desirable area of Leckhampton. Known for its excellent local schools, convenient amenities, and robust transport links, this property is positioned well for families seeking both comfort and convenience. Entering through a welcoming hallway, you are greeted by a spacious open-plan lounge and dining area that runs the length of the home. This light-filled space is enhanced by a large front window and French doors leading to the garden, creating an inviting atmosphere. The presence of a log-burning stove adds both character and warmth to the living area, making it a cozy setting for gatherings or quiet evenings at home. The kitchen features shaker-style cabinetry and wood-block countertops, complemented by integrated appliances. With its practical breakfast bar and direct access to the garden, this kitchen is not only functional but also provides ample space for casual dining or additional storage solutions—ideal for families who appreciate versatility in their living spaces. On the first floor, you will find three well-sized bedrooms. The two double bedrooms offer abundant natural light and ample space for furnishings, making them suitable retreats for family members. The third bedroom is currently configured as a single room but holds potential as a nursery, guest room, or home office—this flexibility caters to varying lifestyle needs. The family bathroom is stylishly appointed with modern finishes: sleek tiling, a rainfall shower over the bath, and a contemporary suite provide both function and aesthetic appeal for busy households. Outside, the property benefits from off-street parking with a private driveway at the front. The rear garden is generous in size and features a combination of lawn, patio, and decking areas—perfect for outdoor entertaining or simply enjoying sunny days. This property stands out with its considerable potential for extension to the side, rear, or loft (subject to planning permission), making it an ideal candidate for those looking to create their dream family home over time. Overall, this property combines comfortable living with significant investment prospects in a location that continues to attract buyers seeking quality homes. Council Tax Band: B.

Investment Analysis

(GL53 area)

Above Market Value

This property is priced +12.4% above area average per sq ft

+12.4%
This Property
£507/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£360
Avg Yield
3.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£474,850
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (GL53)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on GL53 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

The Close, Cheltenham, GL53 0PQ
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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
£1,777
Based on a loan of £363,750 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