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Painswick Road, Gloucester

South West

£229,950
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents a noteworthy opportunity for those considering renovation and investment. While the property is currently in need of modernization, its layout and existing features provide a solid foundation for updates that could significantly enhance both the living experience and property value. Upon entering, you are greeted by an entrance hall which leads into a spacious lounge/diner. This area benefits from natural light through front and rear aspect double-glazed windows, complemented by a feature fireplace that adds character. The kitchen, equipped with essential base and wall-mounted units, has the potential for a modern overhaul; it includes space for appliances and opens to a pantry area that provides additional storage options. The upstairs landing provides access to three bedrooms, each well-sized and equipped with power points and radiators. The main bathroom includes practical fixtures such as a step-in shower cubicle, low-level WC, and pedestal wash hand basin—ideal for reconfiguration based on personal preference. Externally, the property features a substantial rear garden complete with a patio area, flat lawn space, an outside WC, and several garden sheds allowing for various uses. Notably, there is also a derelict double garage previously utilized as a workshop; this structure not only offers storage but also holds significant potential for renovation or expansion—whether to extend the existing home or potentially develop another dwelling (subject to planning permissions). Location-wise, this property enjoys convenient access to local amenities and transportation links. With no onward chain involved in the sale, this residence becomes even more appealing for investors or home buyers eager to make their mark through renovation or development. Considering its potential along with the supportive local authority framework in place (Gloucester City Council), this property stands out as an opportunity not to be overlooked.

Investment Analysis

(GL4 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (GL4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.6%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on GL4 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

Painswick 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
£842
Based on a loan of £172,462 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