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King Edwards Avenue, Gloucester

South West

£390,000
Listed on 05/06/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This 1930s bay-fronted family home presents a compelling opportunity for those seeking a residence with significant renovation potential in a desirable location. Nestled on a tranquil, tree-lined street just south of Gloucester city center, this property is ideally positioned for access to local amenities, schools, and parks. Upon entering, you are greeted by a spacious hallway that leads to a large lounge featuring a distinctive bay window, allowing natural light to flood the space. The lounge flows into an adjoining dining area, creating an inviting atmosphere for gatherings. The fitted kitchen/breakfast room provides ample room for culinary endeavors and casual meals. A separate utility room enhances functionality and includes convenient access to both the single garage and the private rear garden. The upstairs layout features four bedrooms: three well-sized doubles and one single, offering versatile options for family needs or home office spaces. The generously proportioned family bathroom is equipped with essential fixtures including a bath and separate shower, which could be updated to reflect modern preferences. Outside, the property boasts off-road parking alongside the garage while the enclosed rear garden serves as a blank canvas with potential for landscaping or outdoor living enhancements. Side access further simplifies use of this outdoor space. With gas central heating and double-glazed windows throughout, this property provides a solid foundation for improvements that can increase its value. Whether looking to create your dream home or seeking a sound investment opportunity in an attractive area, this home’s characteristics and location make it worthy of consideration.

Investment Analysis

(GL1 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£286
Avg Yield
7.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL1)

Area prices are falling by +6.9% over the last 12 months
3 year growth: -4.6%
5 year growth: 9.9%
Investment Disclaimer: Analysis based on GL1 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

King Edwards Avenue, Gloucester
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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
£1,429
Based on a loan of £292,500 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