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Rye Close, Bourton-On-The-Water, Cheltenham

South West

£345,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
981 sqft

Description

This three-bedroom mid-terrace house offers significant potential for renovation in a well-established residential area of Bourton-on-the-Water. The property features a generously sized rear garden, which could be transformed into an attractive outdoor space, ideal for relaxation or entertainment. Internally, the home has been held by the same family since its construction, retaining its character while presenting opportunities for modern updates and enhancements. The layout includes a kitchen-dining area that's ripe for reconfiguration to create an open-plan layout, alongside a double-aspect sitting room that opens directly to the garden—an appealing feature for future buyers. The upstairs hosts three bedrooms and a shower room, all of which could benefit from contemporary styling and improved storage solutions. Additionally, there is potential to introduce parking at the front of the property, subject to necessary permissions. The location itself is highly favourable, set within a picturesque village known for its community spirit and accessibility to local amenities; this makes it an attractive prospect not only for personal residence but also as an investment opportunity due to its rental demand in the area.

Investment Analysis

(GL54 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£352/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£423
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£447,017
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (GL54)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +2.2%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on GL54 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

Rye Close, Bourton-On-The-Water, Cheltenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,244
Based on a loan of £258,750 over 30 years at 4.06% 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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