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Springfield Close, The Reddings

South West

£190,000
Listed on 15/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
539 sqft

Description

This two-bedroom semi-detached property presents a compelling opportunity for those looking to invest in a home with significant refurbishment potential. Located in a sought-after area of The Reddings, the residence is being sold with no onward chain and features a private garden and driveway parking, making it an attractive option for first-time buyers or seasoned investors. The entrance hall welcomes you into the home, leading to a spacious sitting/dining room that runs the length of the property. This versatile space is flooded with natural light through large windows, offering endless possibilities for reconfiguration and modernisation. At the rear, the kitchen includes fitted units and ample space for appliances, along with direct access to the garden—allowing for creative renovation opportunities. Upstairs, you'll find two bedrooms and a bathroom that holds further potential for enhancement. The well-sized double bedroom at the front features built-in wardrobes, while the single bedroom overlooks the garden, perfect for use as a guest room or home office. Outdoors, enjoy driveway parking accommodating two vehicles at the front, along with an enclosed garden at the back that showcases a mix of patio and gravel areas surrounded by mature greenery. This space could be transformed into an inviting outdoor retreat. Situated conveniently close to local amenities including shops, schools, parks, and transport links to Cheltenham town centre and beyond, this property is ideally positioned for both lifestyle conveniences and investment growth.

Investment Analysis

(GL51 area)

Above Market Value

This property is priced +1.8% above area average per sq ft

+1.8%
This Property
£353/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£205,292
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GL51)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.8%
5 year growth: +12.3%
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

Springfield Close, The Reddings
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£678
Based on a loan of £142,500 over 30 years at 3.97% 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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