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Severn View Parade, Newtown, Berkeley - Image 1
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Severn View Parade, Newtown, Berkeley

South West

£215,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
851 sqft

Description

This three-bedroom terraced house located in the center of Sharpness presents a promising opportunity for those looking to invest or renovate. With a practical layout, the property includes an inviting lounge, functional kitchen, and a ground floor bathroom. The three generously sized double bedrooms are distributed over the upper floors, providing ample space for comfortable living. While the home currently requires some updating to realize its full potential, it is perfectly suited for first-time buyers or investors looking to enhance its value through renovation. The small enclosed courtyard garden offers a private outdoor space, while side access adds convenience. Additionally, on-street parking is readily available nearby. Situated just off Oldminster Road, this property benefits from its proximity to local amenities in Sharpness, including a primary school, church, and mini market/post office. The neighboring town of Berkeley expands shopping options and provides essential services like a library and doctor's surgery. The strong transport links via the A38 make commuting to larger centers such as Gloucester, Bristol, and Cheltenham straightforward. The interior features include a lounge with an electric fire and tiled flooring, along with a well-equipped kitchen that boasts wall and base units, an integrated oven and gas hob, and space for additional appliances. A utility area allows for laundry capabilities with plumbing already in place. Each of the bedrooms offers natural light through double-glazed windows and sufficient storage options. The property is presented with no onward chain and is ready for new owners to put their personal touch on it. With its charming characteristics and favorable location alongside renovation potential, this home represents an appealing investment opportunity in a growing community.

Investment Analysis

(GL13 area)

Below Market Value

This property is priced -17.7% below area average per sq ft

-17.7%
Potential saving
This Property
£253/sq ft
Area Average
£307/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£287,523
10% above area average per sq ft
Potential ROI
+19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (GL13)

Area prices are falling by +7.9% over the last 12 months
3 year growth: 7.4%
5 year growth: 20.8%
Investment Disclaimer: Analysis based on GL13 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.

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Location

Severn View Parade, Newtown, Berkeley
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