Prestbury Road, Cheltenham, GL52
South West
£325,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
918 sqftFeatures
- Garden
Description
This two-bedroom terraced house has a traditional layout, with an entrance hall leading to a living room with a bay window and double doors through to the dining room. The kitchen has wall and base units, space for appliances and access to the rear garden. Upstairs are two double bedrooms and a shower room. The property is described as requiring modernisation and upgrading, offering scope for a purchaser to update the accommodation to their requirements.
Outside, the enclosed front area is gravelled. A shared pedestrian passage, owned by the neighbouring property, provides access to the southerly facing rear garden, which includes a path and a workshop or store. The listing states that the house has gas central heating, majority double glazing and no onward chain. It is being sold while probate is in progress. The location is described as convenient for Cheltenham town centre, Pittville Park and Prestbury.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
54out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This is a clear medium-scale improvement project: the bay-windowed living room, separate dining room and two double bedrooms give the house a characterful layout, while dated finishes across the living spaces and bedrooms leave scope to refresh decoration and flooring. The older-style kitchen and shower room are also candidates for updating, and the sizeable southerly-facing rear garden, with its store or workshop, offers room to improve the outdoor space.
On the economics, works of around £55,000 on top of purchase push all-in figures towards £380,000, leaving a gap of around 9% versus area norms for this sqft. Worth factoring in before you assume strong upside from the works alone.
Key opportunities
- Refresh the dated decoration and flooring across the living and bedroom spaces while retaining the separate living and dining rooms.
- Update the older-style kitchen and shower room to create a more contemporary finish.
- Tidy and improve the sizeable southerly-facing rear garden and make use of the visible store or workshop.
Key risks
- All-in costs look tight against local benchmarks: the £325,000 purchase price plus the £55,000 renovation midpoint is above the implied current local average value, before fees or stamp duty.
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Transport
Nearest stations
Cheltenham Spa Rail Station
1.8 miles
Train · Cheltenham
Ashchurch for Tewkesbury Rail Station
6.6 miles
Train · Ashchurch
Gloucester Rail Station
8.1 miles
Train · Gloucester
Stroud (Glos) Rail Station
13.2 miles
Train · Stroud
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
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
£1,228
Based on a loan of £243,750 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.
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