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Pennine Road, Cheltenham

South West

£275,000
Listed on 21/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
980 sqft

Description

Situated within a quiet cul-de-sac, this semi-detached property from the 1950s presents a promising opportunity for renovation. The front features double wrought iron gates leading to a spacious garden that allows for off-road parking, though a dropped kerb has yet to be installed. With side pedestrian access and an existing brick-built storage shed, the exterior offers practical space. Inside, the layout includes a welcoming entrance hall with an understairs storage cupboard, a generous living/dining room, kitchen, ground floor cloakroom (WC), three well-sized bedrooms, and a bathroom. Although the interior is in need of modernisation, it benefits from gas central heating and double glazing. The rear garden is also of good size, ideal for family use or further landscaping potential. This property holds significant investment potential given its location and space for development.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -25.0% below area average per sq ft

-25.0%
Potential saving
This Property
£281/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£326
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£403,495
10% above area average per sq ft
Potential ROI
+28.1%
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

Pennine Road, Cheltenham
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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
£1,007
Based on a loan of £206,250 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