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Pennine Road, Cheltenham GL52 - Image 1
Pennine Road, Cheltenham GL52 - Image 2
Pennine Road, Cheltenham GL52 - Image 3

Pennine Road, Cheltenham GL52

South West

£275,000
Listed on 20/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
980 sqft

Description

Nestled in a quiet cul-de-sac, this semi-detached property from the 1950s is ripe for investment and modernization. Accessed through distinctive double wrought iron gates, the front features a generous garden space that could accommodate off-road parking with the potential installation of a dropped kerb. This home offers pedestrian side access and includes a practical brick-built storage shed. Inside, while the decor is dated, the spacious layout consists of an entrance hall with valuable understairs storage, a combined living/dining room, kitchen area, ground floor cloakroom (WC), three bedrooms and a bathroom. The property enjoys gas central heating and double glazing throughout, complemented by a sizeable rear garden. This is an excellent opportunity for those looking to invest in a home that can be tailored to modern tastes while benefiting from its appealing location. EPC rating C.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -25.0% below area average per sq ft

-25.0%
Potential saving
This Property
£281/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£326
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£403,495
10% above area average per sq ft
Potential ROI
+26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (GL52)

Area prices are falling by +3.6% over the last 12 months
3 year growth: 6.2%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on GL52 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

Pennine Road, Cheltenham GL52
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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