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Moorend Street,Cheltenham,GL53 0EQ

South West

£425,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
863 sqft

Description

This three-bedroom terraced property presents a promising opportunity for renovation and investment, ideally situated near the bustling Bath Road shopping area in Leckhampton. Upon entering, you are greeted by a spacious hallway that offers potential for customization, whether for additional storage solutions or a dedicated workspace. The ground floor features a cozy lounge with a log-burning stove that enriches the home’s charm, along with a sizeable kitchen/diner that has patio doors leading to the generous rear garden, promoting seamless indoor-outdoor living. A utility-equipped bathroom on this level adds practical functionality. With planning permission previously granted for extensions, this home stands poised for transformation, allowing you to enhance its livable space further. Key attributes include double glazing and gas central heating, along with an expansive rear garden of approximately 60 feet. This outdoor space is well-suited for family gatherings and entertainment, complemented by a sizable garden shed/workshop. The first floor accommodates two double bedrooms alongside a single bedroom—ideal for families or professionals needing versatile spaces for guests or remote work setups. Nestled within the appealing Leckhampton area, a blend of Victorian and Edwardian architecture creates a distinctive neighborhood feel, surrounded by greenery yet conveniently close to Cheltenham Town Centre. Families are drawn to this locale due to its access to two highly-rated primary schools with ‘Outstanding’ OFSTED ratings. The vibrancy of the nearby Bath Road offers various independent shops, eateries, and amenities that foster community spirit. Transport links are robust with frequent bus services to Cheltenham and Gloucester and Cheltenham Spa railway station just about one mile away.

Investment Analysis

(GL53 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£492/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£360
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£428,656
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (GL53)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on GL53 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

Moorend Street,Cheltenham,GL53 0EQ
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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
£1,557
Based on a loan of £318,750 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