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

Alstone Avenue, Cheltenham GL51

South West

£130,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
980 sqft

Description

This traditional terraced house on Alstone Avenue offers an exceptional opportunity for complete renovation and development. Currently in a stripped-back state, the property presents a blank canvas for investors or homeowners seeking to design their ideal living space. With no onward chain and primarily suited for cash buyers or those with specialized financing options, this project is perfect for those experienced in handling extensive refurbishments. The property's two-story layout includes one reception area, a kitchen/breakfast room at the rear, a ground-floor bathroom, and three bedrooms upstairs. An enclosed garden provides outdoor space that can be tailored to your preferences. However, it is important to note that the house is currently structurally compromised and requires propping, making it unsuitable for standard mortgage lending. In addition to its general refurbishment needs, there are several unauthorized alterations that do not comply with building regulations, adding further complexity to the renovation process. Alstone Avenue's location offers convenient access to local amenities, shopping areas, reputable schools, and transport links including Cheltenham Spa train station, enhancing its appeal as a residential hub. This property is not only a worthy investment but also an exciting challenge for those looking to make their mark in Cheltenham's vibrant community.

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
£347/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£373,635
10% above area average per sq ft
Potential ROI
+69.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (GL51)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +0.3%
5 year growth: +13.3%
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 GL51
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates