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Kensington Avenue, Cheltenham, GL50 - Image 1
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Kensington Avenue, Cheltenham, GL50

South West

£600,000
Listed on 22/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1561 sqft

Description

This Edwardian semi-detached townhouse presents a unique opportunity for buyers interested in renovation projects or investment potential. Currently configured as two separate two-bedroom apartments, the property offers flexibility for those looking to restore it to a spacious and character-rich four-bedroom family home. Situated on the sought-after Kensington Avenue, this location provides easy access to Cheltenham Spa Train Station and local bus routes, making it convenient for commuters. Additionally, the vibrant Montpellier area, known for its stylish shops and diverse dining options, is just a short walk away. The existing layout consists of a modern ground-floor garden flat with two double bedrooms, a living area, a separate kitchen, and a shower room. This unit can be accessed from both the garden and the communal front entrance. The first-floor apartment retains many original features but is in need of significant modernization. It boasts an exceptionally large living room, two good-sized double bedrooms, a separate W.C., shower room, and kitchen. On-site parking is available for one vehicle within the property's boundaries, complemented by on-street permit parking options and unrestricted parking on one side of the road. Investors should note that while the property is currently divided into two dwellings, there is potential for reinstating it as a single-family residence with appropriate planning permissions. Given its current configuration, cash buyers are preferred due to mortgage challenges associated with such setups. As prospective buyers consider this opportunity, please keep in mind that all utilities and fixtures have not been tested, so independent verification of their condition is advisable. Additionally, further inquiries regarding building regulations or planning permissions are encouraged to fully understand the property’s potential.

Investment Analysis

(GL50 area)

Above Market Value

This property is priced +3.0% above area average per sq ft

+3.0%
This Property
£384/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£640,650
10% above area average per sq ft
Potential ROI
-8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by +6.4% over the last 12 months
3 year growth: -6.7%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on GL50 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

Kensington Avenue, Cheltenham, GL50
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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
£2,198
Based on a loan of £450,000 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