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South West
£260,000
Listed on 16/09/2026
Listed on 16/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom semi-detached bungalow in Springbank, Cheltenham, presents a solid opportunity for buyers looking to invest in a property with plenty of potential. While the asking price of £260,000 translates to a higher £393/sqf compared to the local average of £347/sqf, this can still be seen as a canvas for those wanting to create a tailored home. The property's modern kitchen and functional wet room add to its appeal, while the generous outdoor space and good curb appeal further enhance its prospects.
However, the overall renovation economics are stretched, with the all-in cost estimated at £290,000 against local benchmarks suggesting a lower average value for the area. This means that while the property has great potential, the pricing may require careful consideration. The dated interiors signal a typical light project scale, allowing for personalization and updates that could significantly enhance the property's value over time.
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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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