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New Barn Close, Cheltenham, GL52 3LW - Image 1
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New Barn Close, Cheltenham, GL52 3LW

South West

£325,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1110 sqft

Description

Nestled in a peaceful residential area of Prestbury, this three-bedroom semi-detached home presents an exceptional opportunity for those interested in a comprehensive refurbishment project. The property's layout includes a welcoming entrance hall, a generous sitting room featuring a classic fireplace, and a separate reception room with views of the rear garden. The kitchen is located at the back, offering direct access to the outdoor space and significant potential for transformation into a contemporary open-plan dining area, pending requisite approvals. On the upper floor, you will find three bedrooms that are ripe for modernisation along with a family bathroom. This space lays the groundwork for innovative redesigns to adapt to today’s living standards. The external aspects of the property are equally compelling, showcasing a spacious rear garden predominantly laid to lawn and surrounded by mature trees and shrubs, which promise privacy and landscape improvement possibilities. Adjacent to the house is a patio area that could serve as an ideal starting point for outdoor entertaining. Additionally, there's an outbuilding and driveway at the front providing convenient off-road parking. In need of extensive modernisation throughout, this property is ideally suited for developers or investors eager to engage in a fulfilling renovation project. There is also notable potential for extension, subject to planning permissions. Prestbury is well-regarded on the outskirts of Cheltenham, boasting local amenities, reputable schools, and excellent transport links to both the town centre and surrounding countryside. Early viewing is recommended to truly grasp the extensive potential that this property holds.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -21.8% below area average per sq ft

-21.8%
Potential saving
This Property
£293/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£279
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£457,265
10% above area average per sq ft
Potential ROI
+10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (GL52)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +4.9%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on GL52 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

New Barn Close, Cheltenham, GL52 3LW
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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
£1,151
Based on a loan of £243,750 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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