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Pittville Circus Road, Cheltenham, GL52

South West

£200,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Flat
Area
942 sqft

Description

This two-bedroom upper-floor apartment presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled within a well-established development along Pittville Circus Road, the apartment is offered with no onward chain, making it an appealing option for buyers eager to take on a project in one of Cheltenham’s most desirable areas. The property requires comprehensive modernization throughout, allowing prospective owners to tailor the space according to contemporary tastes and lifestyles. One of the standout features is a private balcony accessible from the spacious sitting/dining room, which boasts large windows that overlook mature communal gardens—offering a tranquil view and ample natural light. The layout provides generous dimensions for both living and dining areas, ideal for creating an inviting open-plan space. Accessed via a secure communal entrance, the apartment's private porch leads into a central hallway that serves as the gateway to all rooms. This hallway includes essential storage solutions and wall-mounted electric heating. The kitchen currently has basic cabinetry and requires complete refurbishment, presenting an excellent blank canvas for those looking to design their dream cooking space. Both bedrooms are well-proportioned doubles; one overlooks the front garden while the other faces the rear, each featuring built-in wardrobes for added convenience. The bathroom is also in need of full modernisation but offers potential for updating with contemporary fixtures. Residents benefit from well-maintained communal grounds at both the front and rear of the building, which include lawned areas and established borders—a great feature for outdoor enjoyment or relaxation. Additionally, this apartment comes with a single en-bloc garage that provides secure parking or extra storage options. Situated close to Pittville Park as well as other local amenities, this location strikes a balance between urban convenience and access to green spaces. With easy routes into the town centre and nearby transport links, this property offers not just a home but an insightful investment opportunity within a highly sought-after district. For those seeking an opportunity to create their own bespoke living space in a prime location, this apartment stands ready to be transformed into something special.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -43.3% below area average per sq ft

-43.3%
Potential saving
This Property
£212/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£326
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£387,850
10% above area average per sq ft
Potential ROI
+55.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (GL52)

Area prices are falling by +3.6% over the last 12 months
3 year growth: 6.2%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on GL52 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

Pittville Circus Road, Cheltenham, GL52
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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
£733
Based on a loan of £150,000 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