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Spittle Leys, Winchcombe, Cheltenham

South West

£250,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
853 sqft

Description

Nestled in a tranquil cul-de-sac, this two-bedroom terraced house on Spittle Leys presents a compelling renovation opportunity just a short stroll from the bustling heart of Winchcombe. With no onward chain, this property invites creative homeowners and investors to transform it into a personalized haven, capitalizing on its desirable Cotswold setting.<br><br>The flexible internal layout includes a generously sized sitting/dining room with dual aspects, alongside a kitchen that holds significant promise for modern improvements. The upper level hosts two spacious double bedrooms and a family bathroom, with potential to convert the front bedroom into an additional room, as seen in similar homes within the development.<br><br>Outside, the property boasts a private rear garden complemented by access to a tandem driveway—a notable advantage so close to town amenities. This residence offers an exciting chance to increase value through thoughtful refurbishments in a peaceful yet central locale. A viewing is essential to truly grasp the possibilities at hand.<br><br>Winchcombe itself is rich in history and community spirit, set against the backdrop of the stunning Cotswolds National Landscape. Just 7 miles from Cheltenham and conveniently connected by train, it combines picturesque living with modern conveniences, featuring an array of independent shops, eateries, schools, and recreational facilities. Nearby attractions include Sudeley Castle and cultural hubs such as the Isbourne Arts Centre. Utility connections are established with mains drainage, water, electricity, electric heating systems in place; fibre broadband is also available for connection.

Investment Analysis

(GL54 area)

Below Market Value

This property is priced -29.2% below area average per sq ft

-29.2%
Potential saving
This Property
£293/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£423
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£388,691
10% above area average per sq ft
Potential ROI
+34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (GL54)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 2.2%
5 year growth: 13.3%
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

Spittle Leys, Winchcombe, Cheltenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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