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Hesters Way Lane, Cheltenham, Gloucestershire, GL51 - Image 1
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Hesters Way Lane, Cheltenham, Gloucestershire, GL51

South West

£275,000

Listed on 13/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
968 sqft

Description

Located in the sought-after Springbank area, this three-bedroom semi-detached house presents a promising opportunity for renovation. The property features a welcoming entrance hall that leads into a spacious lounge, providing ample natural light. At the rear, the kitchen/breakfast room opens through patio doors onto a generous south-west facing garden, perfect for outdoor living and entertaining. Upstairs, you will find three bedrooms alongside a family bathroom. Outside, the property is complemented by a driveway for off-road parking, a front garden, and a garage. While the home requires updating, it holds significant potential for those looking to create their ideal living space.

WHOTS analysis

Our WHOTS verdict

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

61out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This three-bedroom semi-detached home in the desirable Springbank area is priced attractively at £275,000, coming in at £284 per square foot—significantly below the local average of £347 per square foot. This represents a compelling opportunity for buyers looking to acquire a property at a discount and add value through renovation.

The interior spaces are dated, showing signs of wear that present a canvas for improvement. The living areas and bedrooms require cosmetic updates, while the kitchen and bathroom are in need of refurbishment. The garden, though overgrown, offers potential for landscaping and outdoor enjoyment. With a renovation budget estimated between £40,000 and £80,000, there is significant scope to enhance this property and potentially increase its value in a market where the implied current average value is just slightly above the total investment.

Overall, this property stands out as a solid opportunity for those willing to undertake a medium-scale renovation project, capitalizing on its good location and spacious layout.

Key opportunities

  • Significant scope for cosmetic updates throughout the interior.
  • Potential to enhance the overgrown garden into a pleasant outdoor space.
  • Opportunity to modernize dated kitchen and bathroom fixtures.

Key risks

None recorded.

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Map

Location

Hesters Way Lane, Cheltenham, Gloucestershire, GL51
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Finance

Mortgage calculator

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

£
£
£
%
%
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.

Tax

Stamp duty calculator

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

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