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Redwood Close, Gloucester

South West

£185,000
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
613 sqft

Description

This two-bedroom property presents a promising opportunity for buyers eager to infuse their personal touch and create a bespoke living space. Although it requires some updates, its realistic pricing reflects the potential for transformation. Nestled in a desirable area, this home also benefits from off-road parking and a garage, adding to its convenience. The property is situated on a no-through road, providing a quiet atmosphere with easy access to local amenities.<br><br>Internally, the layout includes an entrance hall, a functional kitchen (2.90m x 1.68m), and a generously sized lounge/dining room (5.36m x 3.66m) perfect for entertaining or family gatherings. Two bedrooms offer ample space for relaxation (Bedroom 1: 3.66m x 3.05m; Bedroom 2: 3.68m x 2.51m), while the bathroom awaits your design ideas.<br><br>The front and rear gardens are currently laid to lawn, with secure gated access leading to the garage and garden area at the back—ideal for those who appreciate outdoor space. Importantly, this property comes chain-free, making it an attractive option for first-time buyers or investors looking to enhance value through renovation.

Investment Analysis

(GL1 area)

Above Market Value

This property is priced +26.7% above area average per sq ft

+26.7%
This Property
£302/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£286
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£160,618
10% above area average per sq ft
Potential ROI
-23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Redwood Close, 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
£678
Based on a loan of £138,750 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