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Fairfield Road,Cheltenham,GL53 7PD

South West

£315,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
929 sqft

Description

This three-bedroom terraced house, constructed from red brick, presents a noteworthy opportunity for renovation in the desirable Leckhampton area of Cheltenham. With no onward chain, this property is situated in a quiet cul-de-sac just off Leckhampton Road, making it an appealing investment for families and professionals alike. It's conveniently located within a short 350-metre stroll to Naunton Park Primary School and close to the vibrant shops and amenities on Bath Road. The ground floor features two generously sized reception rooms, a kitchen with utility space, and a downstairs bathroom. A partially converted attic offers extra versatility as a potential bedroom or home office, though it lacks formal certification. Outside, the low-maintenance rear garden includes gated access and there’s ample unrestricted on-street parking available. Moving upstairs, the first floor boasts three bedrooms – one spacious master with a built-in wardrobe alongside two smaller bedrooms. The property benefits from gas central heating and double glazing throughout, providing a solid foundation for creating a comfortable family home in this prestigious location, ripe for modern updates.

Investment Analysis

(GL53 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£339/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£360
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£461,439
10% above area average per sq ft
Potential ROI
+33.8%
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

Fairfield Road,Cheltenham,GL53 7PD
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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
£1,154
Based on a loan of £236,250 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