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Great Western Road, Cheltenham

South West

£320,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
House
Area
1141 sqft

Description

This end-terrace property boasts significant space and endless potential, located in a desirable central area. It features four bedrooms and multiple reception areas spread over two floors, making it ideal for families or investors looking to enhance their portfolio. The ground floor includes an entrance hall, a cloakroom, three spacious reception rooms that can accommodate various living arrangements, and a kitchen that is ready for an update. Ascend to the first floor where you'll find a practical split-level landing that leads to four well-proportioned bedrooms, complemented by a family bathroom and an additional separate shower area—perfect for larger households. Outside, the property offers a private rear garden measuring approximately 33ft by 13ft along with an exterior store that provides useful storage options. A full-width cellar at the front of the property remains unconverted but presents fantastic potential for additional usable space (though head height is limited to approximately 5ft 6in). While some modernisation is required throughout, existing features such as gas-fired central heating and uPVC double glazing provide a solid base from which to work. This chain-free offering represents a unique opportunity for buyers eager to invest in renovations within a prime location.

Investment Analysis

(GL50 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£280/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£472,545
10% above area average per sq ft
Potential ROI
+31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by -7.4% over the last 12 months
3 year growth: -3.3%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on GL50 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

Great Western Road, Cheltenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,133
Based on a loan of £240,000 over 30 years at 3.91% 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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