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The Close, Cheltenham, Gloucestershire, GL53 - Image 1
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The Close, Cheltenham, Gloucestershire, GL53

South West

£375,000

Listed on 25/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1010 sqft

Description

This three-bedroom semi-detached house is situated in a desirable location on a no-through road in Leckhampton, offering significant potential for renovation. The property is chain-free and requires modernization throughout, making it an ideal investment opportunity for those looking to add value. Upon entering, you are greeted by an entrance hall leading to a spacious living/dining room, measuring 19'2 x 13'6, which provides ample space for family gatherings. Adjacent to the living area is the kitchen, featuring under-stair storage, and a utility room that includes a convenient downstairs WC. At the rear, a conservatory offers additional ground floor accommodation, perfect for relaxing or entertaining. Upstairs, the property comprises three bedrooms and a shower room. The primary bedroom is positioned at the front with built-in storage, while the second bedroom overlooks the rear garden. The house also benefits from its own driveway and solar panels installed on both the front and rear roofs, enhancing energy efficiency. This property presents a unique opportunity for buyers looking to create their dream home in a sought-after area.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

63out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house in Leckhampton presents a promising opportunity for those looking to invest in a renovation project. With an asking price of £375,000, the property is notably cheap compared to the local average of £462/sqf, making it an attractive acquisition for potential buyers. The home requires modernization throughout, with visible signs of wear in the living areas, bedrooms, and kitchen. However, this provides the new owner with a blank canvas to enhance and reimagine the space according to their taste.

The house features a good-sized living/dining room and a conservatory, adding valuable space. The existing layout, including a utility room and downstairs WC, offers functional elements that can be upgraded during the renovation. The overall project scale is medium, with renovation costs estimated between £40,000 and £80,000, allowing for a significant transformation. This property not only stands out due to its competitive price but also offers the potential for a worthwhile investment in a sought-after location.

Key opportunities

  • Competitive asking price well below local average, allowing for potential value increase after renovation.
  • Spacious layout with potential for modern upgrades, including the kitchen and living areas.
  • Conservatory and utility room provide additional functional space that can be enhanced.

Key risks

  • Visible wear and need for modernization throughout the property.
  • Potential damp issues noted in several rooms, requiring attention during the renovation.

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Map

Location

The Close, Cheltenham, Gloucestershire, GL53
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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