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South West
£275,000
Listed on 14/09/2026
Listed on 14/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom semi-detached house in Cheltenham presents a solid opportunity for buyers looking to make their mark in a desirable area. The asking price of £275,000 is attractive, coming in at £407/sqf, which is notably below the local average of £462/sqf. This affordability adds significant appeal for anyone considering renovation in this sought-after location.
While the interior is dated, with general wear observed throughout, this opens the door for creative updates to enhance the living space. The living room and kitchen show signs of age, but with a renovation budget estimated between £40,000 and £80,000, prospective buyers have the chance to transform this home into a modern retreat tailored to their tastes. Additionally, the property benefits from a lovely outlook over the East Gloucestershire Tennis Club, which is a unique selling point, along with its close proximity to local amenities and green spaces. Overall, while the economics show a tight margin versus local benchmarks, the potential for value creation remains strong, making this a worthwhile project for the right buyer.
On the economics, the asking price is reasonable enough, yet £60,000 of quoted works still lifts all-in spend towards £335,000, leaving a gap of around 7% versus area norms for this sqft. The project can still appeal to the right buyer, yet the numbers are not exceptional.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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