Alfred Street, Gloucester, Gloucestershire, GL1
South West
£170,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
972 sqftFeatures
- Garden
- Parking
Description
Offered with no onward chain, this three-bedroom semi-detached house has approximately 970 sq. ft. of accommodation and a large rear garden with parking beyond. The ground floor includes an entrance hall, front lounge, separate dining room with French doors to the garden, kitchen and bathroom. Upstairs are three bedrooms and a further shower room.
The property is described as requiring modernisation throughout. Its existing layout and generous garden provide scope for refurbishment and landscaping, subject to the buyer’s requirements and any necessary checks. The house is close to Gloucester city centre, Gloucester Quays, local shops, schools, public transport and the railway station, with access to the M5 also available.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
66out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £170,000, this three-bedroom semi is priced at £175 per sq. ft., around 25.9% below the local average—a strong acquisition point for a project. The two reception rooms, generous rear garden and rear parking give it a useful canvas: refresh the living spaces, rework the dated kitchen and bathroom, and reclaim the overgrown garden. The visible frontage and roof covering appear broadly intact, though the rear structures and boundaries need closer inspection.
This is a substantial job rather than a cosmetic update: several rooms have worn or damaged finishes, and a large opening in the kitchen ceiling needs investigation and repair. The £35,000–£65,000 renovation range signals the scale of the work; at the £50,000 midpoint, the purchase plus works totals £220,000, close to the £229,343 implied local-average value before fees, so the cheap entry price does not by itself guarantee a wide margin.
Key opportunities
- Reconfigure or refresh the two reception rooms, including the rear room’s garden connection, to create a more useful family living space.
- The large rear garden and rear parking offer scope to clear and landscape the plot, while retaining practical off-road access.
- Acquire at £175 per sq. ft., around 25.9% below the local average, with room to put a personal finish across the interior.
Key risks
- Worn or damaged finishes across several rooms, a large damaged opening in the kitchen ceiling, and an overgrown garden make this a £35,000–£65,000 full-project programme rather than a cosmetic refresh; the ceiling damage needs investigation.
- At the £50,000 renovation midpoint, purchase plus works is £220,000 against an implied local-average value of £229,343 before fees, leaving only a modest comparison margin.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% interest
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