GL51, Cheltenham house prices & rental yield

Postcode district in Cheltenham, part of the GL postcode area

Likely student area · 1.8km from University of Gloucestershire

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Average asking price
£300k
UK avg £340k
Average rent (pcm)
£1,500
UK avg £1,300
Gross rental yield
6.0%
31% above UK avg
Net yield (estimated)
4.5%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
0
100% below UK avg

Summary

GL51 has a gross rental yield of 6.0%, 31% above the UK average, ranking #1 of 24 GL postcode districts by yield.

Price history

Buy-to-let calculator

Stamp Duty (SDLT)
Deposit required
Mortgage payment (monthly)
Letting agent fee (monthly)
Est. net monthly cashflow

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

GL51 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £675 0 / 1
1 £127k £875 8.2% 18 / 7
2 £230k £1,172 6.1% 89 / 18
3 £325k £1,600 5.9% 87 / 11
4 £550k £2,250 4.9% 47 / 9
5+ £672k £2,250 4.0% 26 / 5

Nearby GL postcode districts, by yield

DistrictAvg buyAvg rentYield
GL3 £325k £1,550 5.7% Compare
GL8 £425k £1,900 5.4% Compare
GL50 £325k £1,350 5.0% Compare
GL53 £520k £2,098 4.8% Compare
GL12 £408k £1,598 4.7% Compare
GL4 £300k £1,150 4.6% Compare
GL1 £202k £775 4.6% Compare
GL2 £350k £1,300 4.5% Compare
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