Worst House on the Street Logo
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 1
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 2
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 3
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 4
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 5
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 6
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 7
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 8
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 9
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 10
Salisbury Avenue, Cheltenham, Gloucestershire, GL51 - Image 11

Salisbury Avenue, Cheltenham, Gloucestershire, GL51

South West

£300,000
Listed on 26/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
762 sqft

Description

Located in the desirable Warden Hill area, this two-bedroom bungalow presents a prime opportunity for buyers eager to renovate and personalize their living space. The property is in need of modernization throughout, making it an ideal canvas for creative homeowners looking to enhance its potential. The layout includes an entrance hall, two generously sized bedrooms, a shower room, and a large lounge/diner. Outside, the bungalow features a private garden along with a driveway for convenient off-road parking. Its proximity to local amenities, schools, and transport links further adds to its appeal for those interested in investing in a project within this sought-after locale.

Investment Analysis

(GL51 area)

Above Market Value

This property is priced +15.8% above area average per sq ft

+15.8%
This Property
£394/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£284,904
10% above area average per sq ft
Potential ROI
-16.2%
After renovation
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

Salisbury Avenue, Cheltenham, Gloucestershire, GL51
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE