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Alstone Avenue, Cheltenham - Image 1
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Alstone Avenue, Cheltenham

South West

£130,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
980 sqft

Description

This traditional terraced house on Alstone Avenue presents a distinctive opportunity for those with a vision to completely transform and refurbish. Currently in an extensively stripped state, the property stands as a blank canvas ideal for renovation-focused investors or buyers eager to craft their dream home. It features a two-storey layout that includes one reception room, a kitchen/breakfast area at the rear, ground floor bathroom, and three bedrooms on the upper level. An enclosed rear garden complements the property’s potential. Importantly, it is offered with no onward chain and is primarily suitable for cash buyers or those with limited specialized financing options. The property has structural concerns necessitating propping for support, which complicates standard financing avenues. Additionally, several unauthorised modifications have been made without proper building regulation approval, including an extension and alterations to internal walls. Situated conveniently to the west of Cheltenham town centre, this location offers excellent access to amenities such as shops, schools, and train services connecting to major cities like Bristol and London. With the added benefit of quick road links to the M5 motorway, it caters well to commuters seeking proximity while still relishing Cheltenham's rich architectural heritage and cultural offerings.

Investment Analysis

(GL51 area)

Below Market Value

This property is priced -61.7% below area average per sq ft

-61.7%
Potential saving
This Property
£133/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £95,000
Target Value
£373,258
10% above area average per sq ft
Potential ROI
+65.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GL51)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.8%
5 year growth: +12.3%
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

Alstone Avenue, Cheltenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£464
Based on a loan of £97,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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