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New Barn Close, Cheltenham GL52 - Image 1
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New Barn Close, Cheltenham GL52

South West

£325,000
Listed on 19/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1110 sqft

Description

Nestled in a tranquil residential area of Prestbury, this three-bedroom semi-detached property presents a unique canvas for those looking to embark on a comprehensive renovation project in a sought-after locale. The interior offers generous proportions, featuring an entrance hall that leads to a spacious sitting room with a charming fireplace. A separate reception area provides picturesque views of the expansive rear garden. The kitchen, positioned at the back of the home, allows for direct garden access and holds significant potential for reconfiguration into a contemporary open-plan kitchen/dining layout, pending necessary approvals. On the upper level, you will find three bedrooms, each requiring modernisation alongside a family bathroom. This configuration lays an excellent groundwork for enhancement, permitting creative reimagining of the living spaces to resonate with modern lifestyle requirements. The external appeal is underscored by a substantial rear garden predominantly laid to lawn and framed by established trees and shrubs that lend privacy and opportunities for landscaping improvements. An adjacent patio space offers an ideal starting point for outdoor entertaining. Additionally, an outbuilding adds further utility while a front driveway accommodates off-road parking. This property calls out to developers and investors keen on revitalising homes as it requires full modernisation throughout. Furthermore, there exists notable potential for extension, subject to local planning permissions. Prestbury is recognized as an appealing village on Cheltenham's outskirts, providing access to various local amenities, esteemed schools, and convenient links to both the town centre and surrounding countryside. Early viewings are encouraged to fully grasp the renovation possibilities available here.

Investment Analysis

(GL52 area)

Below Market Value

This property is priced -21.8% below area average per sq ft

-21.8%
Potential saving
This Property
£293/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£279
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£457,265
10% above area average per sq ft
Potential ROI
+10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (GL52)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +4.9%
5 year growth: +10.0%
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

New Barn Close, Cheltenham GL52
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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