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Merriville Road, Arle, Cheltenham

South West

£275,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
779 sqft

Description

Situated in the vibrant area of Arle, this period property presents a unique opportunity for rejuvenation and expansion. With its prime location providing easy access to central Cheltenham, local schools, shops, and transport links, the potential for redevelopment is significant. The property boasts a sizable garden facing west, ideal for capturing afternoon sunlight and offering ample space for extensions or landscaping (pending necessary planning permissions). Inside, you'll find a welcoming entrance hall leading to a spacious living/dining room enhanced by a charming bay window, as well as an extended kitchen that overlooks the rear garden. The first floor offers three bedrooms—two generous doubles—and a family bathroom. Outside features include driveway parking suitable for two vehicles, gated side access to a carport, and a detached single garage. Additional advantages include gas central heating from a modern boiler and uPVC double glazing. This home is being offered with no onward chain, making it an attractive prospect for renovation enthusiasts or investors looking to capitalize on its potential.

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Investment analysis

(GL51 area)

Above Market Value

This property is priced +1.9% above area average per sq ft

+1.9%
This Property
£353/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£297,002
10% above area average per sq ft
Potential ROI
-8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GL51)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +0.1%
5 year growth: +12.5%
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

Merriville Road, Arle, Cheltenham
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 over 30 years at 4.45% 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

Next Steps

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