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

South West

£365,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
961 sqft

Description

This spacious three-bedroom mid-terrace house presents a promising opportunity for renovation in a well-established residential area of Bourton-on-the-Water, known for its picturesque setting and community-oriented lifestyle. The property boasts separate rear access and is conveniently located within walking distance to local amenities, including schools, shops, and various leisure facilities. While the current owner has made some initial upgrades, this home is ready for new owners to infuse their personal style and complete necessary renovations. The ground floor features an open-plan kitchen/dining area and a double-aspect living room that leads out to the garden through French doors. On the upper level, the house comprises three bedrooms alongside a family bathroom, offering ample space for modern living. With further potential for enhancements, including possible reconfiguration or extension subject to necessary permissions, this property allows you to create your ideal home in a highly sought-after location. The generous outdoor space includes a lawned garden with herbaceous borders, along with useful storage options such as a greenhouse and bike shed. Given its favorable location near transport links to larger cities and regional attractions in the Cotswolds, this home could also serve as a profitable investment for rental purposes once renovated.

Investment Analysis

(GL54 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£380/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£462
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£439,648
10% above area average per sq ft
Potential ROI
+8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL54)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.0%
5 year growth: 12.6%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,337
Based on a loan of £273,750 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