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Knowles Road, Gloucester

South West

£215,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents an excellent opportunity for renovation and investment in a well-established area close to Gloucester City Centre, the hospital, and the railway station. With no onward chain, this property is ready for a new owner to explore its potential. The home boasts two reception rooms that offer flexibility for various layouts and purposes, allowing for customization according to personal style or rental needs. The three generously sized bedrooms are designed to cater to family living or can easily serve as attractive rental accommodations given their proportions. The kitchen features a practical layout with base and wall-mounted units, providing ample space for appliances and potential updates. Its adjacent dining room could be enhanced with modern finishes to create an inviting gathering space. The bathroom includes essential amenities but also offers the chance for a refresh that aligns with current trends. Outside, the enclosed rear garden is largely paved, presenting a low-maintenance outdoor area ideal for seating or entertaining. There’s also a level lawn space that could be transformed into a charming garden retreat. Additionally, the property has side access from the front to facilitate convenience. Given its strong rental history, this home is appealing not only to first-time buyers looking to put their mark on a property but also to investors aiming to capitalize on its location and renovation potential. With local amenities and transport links nearby, it's positioned well for both long-term habitation and rental demand. Early viewings are advisable to appreciate the possibilities this property has to offer.

Investment Analysis

(GL1 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£286
Avg Yield
7.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL1)

Area prices are falling by +6.9% over the last 12 months
3 year growth: -4.6%
5 year growth: 9.9%
Investment Disclaimer: Analysis based on GL1 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

Knowles Road, Gloucester
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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
£788
Based on a loan of £161,250 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