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Hatherley Road, Cheltenham GL51

South West

£240,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
700 sqft

Description

Nestled in a desirable elevated position away from the main thoroughfare, this two-bedroom semi-detached bungalow presents an excellent opportunity for renovation enthusiasts or investors. The property offers the potential for cosmetic enhancements that would allow a new owner to tailor the space to their personal taste. With private parking and a carport, convenience is at your doorstep. The home features a welcoming entrance hall that connects to all key living areas, including two generous bedrooms positioned at the front. The living room and kitchen enjoy peaceful views of the enclosed rear garden, enhancing the tranquility of this residence. A central bathroom comes equipped with a fully fitted suite. Located on Hatherley Road, this property benefits from close proximity to local amenities including shops, pubs, medical facilities, and schools. For those seeking leisure activities, Montpellier is just a pleasant 33-minute walk away and offers an array of services typical of Cheltenham's vibrant community. As part of a small cul-de-sac comprising only four homes, this bungalow stands out due to its exclusivity compared to other nearby developments. Although Trusteel properties are non-standard constructions, they remain both mortgageable and insurable. With some thoughtful investment in interior upgrades, this single-story home could yield considerable returns while providing easy-to-manage living in a sought-after location.

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Investment analysis

(GL51 area)

Below Market Value

This property is priced -1.1% below area average per sq ft

-1.1%
Potential saving
This Property
£343/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£266,882
10% above area average per sq ft
Potential ROI
+0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (GL51)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +0.3%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on GL51 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

Hatherley Road, Cheltenham GL51
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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
£907
Based on a loan of £180,000 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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