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Alma Road, Cheltenham

South West

£350,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This charming three-bedroom semi-detached house presents a unique opportunity for those looking to invest in a property that offers considerable renovation potential. While the home requires some modernisation, it has strong foundations that could be transformed into a modern family residence with thoughtful design and updates. One of the standout features of this property is the spacious attached garage, which is double the width of a standard garage. This space not only provides secure off-road parking but also offers expansive storage options or the possibility for further development, particularly with relevant planning permissions. The house also features an extension at the rear, which currently accommodates a kitchen that overlooks a generously-sized private garden—ideal for outdoor entertaining or gardening enthusiasts. Inside, the layout maximizes space and functionality. Upon entering, you are greeted by two well-proportioned reception rooms. The first reception area, located off the hall, provides a welcoming atmosphere, while the larger second reception room extends over 17 feet in length, offering versatile uses from family gatherings to quiet relaxation. The large kitchen/breakfast room spans the width of the property and includes direct access to both the garage and garden, enhancing convenience for daily living. The first floor comprises three bedrooms arranged off a central landing. Two of these double bedrooms offer front-facing views, while the third bedroom and bathroom overlook the rear garden. This arrangement allows for privacy and comfort among family members or guests. Externally, the property is set back from the road with its own lawned fore-garden and side driveway leading to the expansive garage. The substantial rear garden provides a tranquil retreat with plenty of space for potential landscaping or personalisation according to one’s preferences. Situated in a location known for its accessibility to high-performing schools, various supermarkets, local pubs, and healthcare facilities like doctors’ surgeries and libraries, this property is perfectly positioned for families seeking both convenience and community amenities. With its solid structure and promising development possibilities, this home represents an excellent project for anyone looking to create their ideal living space while enjoying all that this desirable area has to offer.

Investment Analysis

(GL51 area)
Area Average
£340/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (GL51)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 4.8%
5 year growth: 22.4%
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

Alma Road, Cheltenham
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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
£1,282
Based on a loan of £262,500 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