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Fairfield Walk, Leckhampton, Cheltenham, GL53

South West

£485,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
969 sqft

Description

This generously sized 3-bedroom terraced house comes with a garage and a southwest-facing enclosed rear garden, presenting itself as an excellent investment opportunity. Located in a desirable row of townhouses, it is conveniently close to both good primary schools and an outstanding secondary school, along with the bustling Bath Road that offers numerous amenities. Although the property is well-maintained, there is ample scope for modernization and expansion (subject to local consents). The layout features an entrance porch leading into a hallway, a living room with a charming feature fireplace, and a kitchen/dining area equipped with wooden worktops and built-in appliances. The conservatory provides a pleasant view of the garden while granting access to a downstairs cloakroom. On the first floor, three spacious bedrooms await; the principal bedroom benefits from newly fitted built-in wardrobes, and there's also a modern bathroom complete with spa bath and separate shower. Externally, the property boasts a lawned frontage with mature planting and a lovely rear garden with patio space and well-stocked borders. Significantly, planning permission is in place for extending to the rear and converting the garage into a home office – full architectural drawings are available (CBC Ref: 25/00196/FUL). This property not only offers comfortable living but also great potential for enhancement in one of Cheltenham's vibrant neighborhoods.

Investment Analysis

(GL53 area)

Above Market Value

This property is priced +8.9% above area average per sq ft

+8.9%
This Property
£501/sq ft
Area Average
£460/sq ft
Avg Rent (weekly)
£318
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£489,781
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (GL53)

Area prices are falling by -11.7% over the last 12 months
3 year growth: -2.6%
5 year growth: +5.3%
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

Fairfield Walk, Leckhampton, Cheltenham, GL53
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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
£1,718
Based on a loan of £363,750 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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