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High Street, Lechlade, Gloucestershire, GL7

South West

£295,000
Listed on 09/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1103 sqft

Description

This three-storey Georgian townhouse in the heart of Lechlade presents a significant opportunity for renovation and investment. With its classic stone facade and original features, including period fireplaces and exposed timber beams, the property offers a wealth of character that can be enhanced through thoughtful updates. The layout of the home begins with an inviting entrance porch, leading to a snug reception room on the ground floor, which is designed for cozy gatherings. This space benefits from ample natural light thanks to its half Dutch door and features charming period details such as shutters and an attractive fireplace. Beyond this room, you’ll find a hallway connecting to the bathroom and kitchen, both of which are ready for modernization. Ascending to the first floor reveals a spacious sitting room that serves as the central gathering space. An original sash window looks out onto the bustling high street, ensuring plenty of daylight fills the room. This level also includes a double bedroom, with further potential for reconfiguration to maximize space. The second floor features the principal bedroom nestled within the roof space, characterized by sloping ceilings and a front-facing window that adds a unique charm. A small adjoining area offers flexible options for use as a dressing area or study. Externally, this property opens directly onto Lechlade’s high street while providing access to a private courtyard garden at the rear. Fully walled and paved, this outdoor space is perfect for seclusion and includes established raised planters for those interested in gardening. Additional storage is found in a compact stone outbuilding and a timber shed equipped with electricity suitable for workshop purposes. The location itself adds to this property's appeal; Lechlade is known as the highest navigable point of the River Thames, surrounded by scenic riverside walks and local amenities such as cafes, shops, and traditional pubs. Just minutes from Cotswold Water Park, it offers various recreational activities including cycling and fishing. For commuters, Lechlade provides excellent transport links with direct services from nearby Swindon to London Paddington taking approximately 55 minutes. The proximity to Cirencester enhances accessibility to additional shopping options while nearby schools offer good educational prospects. With comprehensive refurbishment needed throughout and located in such a desirable area, this townhouse stands out as an exceptional investment opportunity in one of the Cotswolds’ most picturesque towns.

Investment Analysis

(GL7 area)

Below Market Value

This property is priced -32.8% below area average per sq ft

-32.8%
Potential saving
This Property
£267/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£360
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£483,075
10% above area average per sq ft
Potential ROI
+25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (GL7)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -1.7%
5 year growth: 12.3%
Investment Disclaimer: Analysis based on GL7 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

High Street, Lechlade, Gloucestershire, GL7
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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
£1,081
Based on a loan of £221,250 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