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Colerne Drive, Hucclecote, Gloucester GL3 - Image 1
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Colerne Drive, Hucclecote, Gloucester GL3 - Image 3

Colerne Drive, Hucclecote, Gloucester GL3

South West

£275,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
751 sqft

Description

This detached bungalow presents a significant renovation opportunity, ideal for cash buyers looking to invest. Located in a desirable cul-de-sac, it boasts three spacious bedrooms and is set on a generous plot that allows for various extension possibilities. The flexible interior layout provides a blank canvas for those wishing to create a modern living space. Additionally, the property features off-street parking and a secluded rear garden, enhancing its appeal. Conveniently positioned off Sussex Gardens and Hucclecote Road, residents will benefit from local shops, reputable schools, and proximity to Gloucester Business Park, as well as easy access to Junction 11A of the M5 motorway.

Investment Analysis

(GL3 area)

Above Market Value

This property is priced +12.8% above area average per sq ft

+12.8%
This Property
£366/sq ft
Area Average
£325/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£268,111
10% above area average per sq ft
Potential ROI
-32.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GL3)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -0.5%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on GL3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Colerne Drive, Hucclecote, Gloucester GL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE