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Parkland Road, Cheltenham, Gloucestershire, GL53 - Image 1
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Parkland Road, Cheltenham, Gloucestershire, GL53

South West

£600,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1367 sqft

Description

This three-bedroom detached home presents an excellent opportunity for renovation and investment in the sought-after Leckhampton area, known for its proximity to reputable schools and local amenities. The property enjoys a prime location with pleasant views towards Leckhampton Hill, enhancing its appeal. As it currently stands, the layout features an entrance hallway leading into a versatile first reception room with direct access to additional living spaces. The ground floor includes two more reception rooms that overlook the garden, alongside a kitchen equipped with basic units and a side door leading out. A convenient WC and staircase complete the downstairs area. Moving upstairs, the home offers three spacious double bedrooms, all with built-in storage solutions, plus a family bathroom that could benefit from an update. The exterior boasts a generous westerly-facing garden primarily laid to lawn, complemented by mature flower beds, a patio space for outdoor relaxation, as well as a greenhouse and shed for gardening enthusiasts. The front garden provides additional curb appeal along with private parking for two vehicles and an integrated garage. With ample potential for modernization and expansion (subject to planning permissions), this property is an ideal candidate for those wanting to create their dream family home in a desirable location.

Investment Analysis

(GL53 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£439/sq ft
Area Average
£454/sq ft
Avg Rent (weekly)
£324
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £50,000
Target Value
£683,281
10% above area average per sq ft
Potential ROI
+5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GL53)

Area prices are falling by -8.8% over the last 12 months
3 year growth: -1.8%
5 year growth: +7.7%
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

Parkland Road, Cheltenham, Gloucestershire, GL53
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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
£2,164
Based on a loan of £450,000 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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