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Albemarle Gate, Cheltenham

South West

£387,500
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1019 sqft

Description

This semi-detached family home offers a unique chance to invest in a property with significant potential for enhancement, prominently situated overlooking the renowned Pittville Park. The house is equipped with gas central heating and double glazing; however, it presents an opportunity for modernization throughout. The layout includes an entrance porch, a cloakroom (WC), a living/dining room with storage space, a kitchen/breakfast area, rear porch, three bedrooms, and a bathroom. Notably, the main bedroom features a private balcony that boasts scenic views over the park and its lake. Outdoors, there is a compact rear garden that provides pedestrian access leading to an en-bloc garage. Pittville Park itself is recognized as the largest ornamental park in Cheltenham and encompasses various recreational facilities including a boating and fishing lake, tennis courts, and other attractions. Additionally, local amenities such as Leisure at Cheltenham—with swimming pools and gym facilities—are conveniently located within half a mile. The prestigious Prestbury Park Racecourse is likewise nearby, famed for hosting events like the Cheltenham Gold Cup. With further leisure options at Brewery Quarter and proximity to Cheltenham Town Centre just over a mile away, this property not only benefits from its location but also possesses considerable investment potential following thoughtful renovations.

Investment Analysis

(GL50 area)

Above Market Value

This property is priced +1.6% above area average per sq ft

+1.6%
This Property
£380/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£419,609
10% above area average per sq ft
Potential ROI
-1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (GL50)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -5.8%
5 year growth: +8.0%
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

Albemarle Gate, Cheltenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,398
Based on a loan of £290,625 over 30 years at 4.06% 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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