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Spenser Road, Cheltenham, GL51

South West

£250,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
909 sqft

Description

Located in the highly desirable suburb of Cheltenham, this property presents a valuable opportunity for those looking to invest or personalize their living space. The home features a front driveway with side access leading to a spacious and well-established rear garden, ideal for outdoor enhancements. Inside, the layout offers a central entrance hall that branches into a lounge and a separate dining room, with the kitchen positioned at the rear—overlooking the garden and ripe for modernizing. Upstairs, there are three generously sized bedrooms and a bathroom. While the property does need updating throughout, it holds substantial potential for improvement and value addition, making it an excellent project for renovators or investors.

Investment Analysis

(GL51 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£275/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£347,515
10% above area average per sq ft
Potential ROI
+19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GL51)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -0.6%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on GL51 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

Spenser Road, Cheltenham, GL51
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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
£885
Based on a loan of £187,500 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.

Stamp Duty Calculator

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