School Mead, Cheltenham, Gloucestershire, GL51
CG

School Mead, Cheltenham, Gloucestershire, GL51

By CGT Sales Ltd

£ 100,000

Reviews

2 out of 5 stars

CGT Sales Ltd says ..

Available through CGT Investor Club ONLY. NO ONWARD CHAIN. TENANT PAYING £750pcm. 

Property Oracle says ..

This one-bedroom terraced property in Cheltenham, Gloucestershire, is listed at £100,000. The property is located in the St Mark’s area, near several schools and Cheltenham Spa railway station, offering some convenience in terms of amenities and transport links. The provided photographs show the property’s interior and exterior. The interior is reasonably clean and shows signs of having been updated, but many of the rooms feature outdated fixtures and fittings and the overall aesthetic is underwhelming. The photos display a small amount of shared outdoor space. The property benefits from having a tenant currently paying £750 per month. The absence of square footage data for the property itself and for nearby properties makes a conclusive assessment of value difficult, however, given the available data, including nearby listed properties and those recently sold, the asking price appears reasonable, but does not stand out as exceptional value. Potential buyers should conduct their own thorough due diligence including a full building survey before purchasing the property. Potential buyers should also consider the inherent risk of owning a property with a tenant, such as the potential for void periods between tenants.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
2
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
401,729.00 £
Decreased by 10.51 %
from 448,918.00 £
Average area rental value
1,630.00 £/mo
Decreased by 14.30 %
from 1,902.00 £/mo
Est rental Yield
4.87 %
Decreased by 4.13 %
from 5.08 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • CGT Sales Ltd marked this listing as sold.

  • CGT Sales Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Cheltenham And Tewkesbury Alternative Provision SchoolPupil Referral UnitGood0.14 KM
Rowanfield Junior SchoolAcademy ConverterGood0.55 KM
Rowanfield Infant SchoolAcademy Converter0.59 KM
Rowanfield Children'S CentreChildren's Centre0.64 KM
Christ Church Cofe Primary SchoolAcademy Converter0.88 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Bedford Avenue £ 263,33300.00 KM
Brooklyn Road £ 426,88900.00 KM
Brook Road £ 205,00000.00 KM
O'Brien Road £ 250,00000.00 KM
Millbrook Roundabout £ 190,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Cheltenham Spa4731CNM0.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
School Mead, Cheltenham, Gloucestershire, GL51 £ 100,000BUY5 / 100.00 KM
School Mead, Cheltenham, Gloucestershire, GL51 £ 170,000BUYUnknown0.02 KM
Rowanfield Road, Cheltenham, GL51 £ 275,000BUY5 / 100.05 KM
Rowanfield Road, Cheltenham, Gloucestershire, GL51 £ 220,000BUY6 / 100.09 KM
Alstone Lane, Cheltenham, Gloucestershire, GL51 £ 250,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
21 School Mead £ 92,5000.04 KM
4 School Mead £ 40,0000.05 KM
1 School Mead £ 172,4750.05 KM
17 School Mead £ 104,0000.05 KM
18 School Mead £ 118,0000.05 KM