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Welland Drive, Cheltenham GL52

South West

£375,000

Listed on 31/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
861 sqft

Description

This 2-bedroom semi-detached bungalow, dating back to the 1950s, presents a solid opportunity for renovation and remodeling, pending the necessary planning permissions. Nestled in a peaceful residential area, this property features spacious accommodations including an inviting entrance hall, a living room with a bay window that flows into a dining room equipped with an air conditioning unit. The kitchen is functional, showcasing a cohesive range of units along with built-in appliances and parquet flooring. It also has ample space for dining and leads outside to a carport. The home includes two generous bedrooms with fitted wardrobes, with the second bedroom boasting sliding patio doors that open into a sunroom. The exterior offers an enclosed front garden with driveway access to both the carport and garage. The expansive rear garden stands out, mostly laid to lawn and adorned with mature shrubs, a feature pond, greenhouse, timber shed, and paved patio area ideal for gatherings. This property is strategically located near Prestbury Park Racecourse and Pittville Park, within walking distance of Cheltenham's vibrant town center known for its rich cultural heritage.

Investment Analysis

(GL52 area)

Above Market Value

This property is priced +16.1% above area average per sq ft

+16.1%
This Property
£436/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£301
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£355,352
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL52)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +4.2%
5 year growth: +10.4%
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

Welland Drive, Cheltenham GL52
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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.

Stamp Duty Calculator

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