Drakes Place, Cheltenham, GL50
KI

Drakes Place, Cheltenham, GL50

By Kingsley Evans

£ 800,000

Reviews

3 out of 5 stars

Kingsley Evans says ..

A rare opportunity to acquire a detached family home in one of the most discreet central locations in the heart of Lansdown, requiring some cosmetic enhancements.

Property Oracle says ..

This four-bedroom, two-bathroom detached house in Cheltenham’s Lansdown area presents a mixed bag. Its location in Lansdown is a significant selling point, offering a blend of residential tranquility and proximity to amenities such as schools (several with ‘Outstanding’ Ofsted ratings) and Cheltenham Spa train station. The property’s visual presentation suggests a need for modernisation. The kitchen, in particular, requires updating, and general cosmetic improvements would improve its marketability. The garden appears relatively small, though sufficient for private outdoor space. The listing price of £800,000 should be carefully considered alongside the needed improvements. While the street contains more expensive houses, a potential buyer should compare its value proposition against similarly sized, updated properties in the Lansdown area before committing to purchase. The absence of definitive square footage data for comparable properties on Drakes Place hampers a full valuation analysis. This property would most likely appeal to buyers looking for a house in a sought after location that is willing to put in some work for renovation, or to buyers who appreciate the character and the potential of the existing features.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
4
Bedrooms
4
Bathrooms
2
Sqft (est)
1,517.71

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
411,214.00 £
Decreased by 39.25 %
from 676,899.00 £
Est sale value
734,571.64 £
Decreased by 21.81 %
from 939,462.49 £
Average area rental value
1,876.00 £/mo
Increased by 11.40 %
from 1,684.00 £/mo
Est letting value
3,035.42 £/mo
Increased by 100.00 %
from 1,517.71 £/mo
Est rental Yield
5.47 %
Increased by 82.94 %
from 2.99 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Kingsley Evans created the listing.

Nearby Schools

NameTypeOfstedDistance
Airthrie School With Hillfield Dyslexia TrustOther Independent School0.25 KM
Christ Church Cofe Primary SchoolAcademy Converter0.41 KM
Gloucestershire Hospital Education ServicePupil Referral UnitOutstanding0.60 KM
Gloucester Road Primary SchoolCommunity SchoolOutstanding0.83 KM
The Catholic School Of Saint Gregory The GreatVoluntary Aided SchoolOutstanding0.89 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Maytrees £ 000.00 KM
Honeybourne Way £ 000.00 KM
Millbrook Roundabout £ 190,00000.00 KM
Coach House Mews £ 400,00000.00 KM
New Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cheltenham Spa4731CNM1.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drakes Place, Cheltenham, GL50 £ 800,000BUY6 / 100.00 KM
Drakes Place, Lansdown £ 800,000BUY6 / 100.01 KM
Malvern Place, The Malverns Malvern Place, GL50 £ 600,000BUY7 / 100.07 KM
Malvern Road, Cheltenham, Gloucestershire, GL50 £ 1,650,000BUY7 / 100.11 KM
Uplands, Malvern Road, Cheltenham, Gloucestershire, GL50 £ 585,000BUY8 / 100.12 KM

Nearby Properties

AddressPriceDistance
4 Drakes Place £ 748,9800.01 KM
7 Drakes Place £ 315,0000.01 KM
8 Drakes Place £ 240,0000.01 KM
9 Drakes Place £ 550,0000.01 KM
6 Drakes Place £ 460,0000.03 KM