With One Bedroom Annexe, Tramway Road, Cinderford
HA

With One Bedroom Annexe, Tramway Road, Cinderford

By Hattons Estate Agents

£ 500,000

Reviews

4 out of 5 stars

Hattons Estate Agents says ..

This immaculate four-bedroom detached home, complete with a separate one-bedroom annexe, perfect for multi-generational living or additional rental income. Situated in a sought-after location, this property boasts breath-taking far-reaching views of the Forest. With off-road parking, beautiful...

Property Oracle says ..

The property is located on Tramway Road, Ruspidge, in the Forest of Dean district of Gloucestershire. While the provided data doesn’t offer detailed insights into the immediate vicinity’s amenities, nearby schools such as St White’s Primary School and Soudley School are within a reasonable distance, both rated ‘Good’ by Ofsted. This suggests a family-friendly environment. However, information on transportation links is missing, preventing a complete assessment of the location’s convenience.

Based on the photographs, the property appears to be in excellent condition. It’s modern, well-maintained, and shows no signs of needing repair or renovation. The interior is tastefully decorated and equipped with modern fixtures and fittings. The property also benefits from a substantial, well-landscaped garden and a detached annexe, adding to its overall appeal.

The list price of £500,000 is considerably higher than the average house price in the area (£250,983). However, without the property’s square footage, a precise price-per-square-foot comparison cannot be made. The presence of a one-bedroom annexe, a large garden, and the overall high-quality finish likely justify the higher price point compared to other properties in the area. Further analysis would require the property’s square footage to determine if the price is justified based on price per square foot.

Considering the apparent excellent condition, the substantial garden, and the potential for additional income from the annexe, the property presents a strong overall value proposition, despite the higher-than-average price. The lack of information on square footage limits a definitive conclusion on price-per-square-foot value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
7
Land
10
Bedrooms
4
Bathrooms
2
Sqft (est)
1,884.00
Lot (est)
2,066.00

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
268,125.00 £
Increased by 15.58 %
from 231,978.00 £
Est sale value
514,332.00 £
Increased by 19.21 %
from 431,436.00 £
Average area rental value
1,044.00 £/mo
Increased by 5.56 %
from 989.00 £/mo
Est letting value
1,884.00 £/mo
from 0.00 £/mo
Est rental Yield
4.67 %
Decreased by 8.79 %
from 5.12 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Hattons Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
St White'S Primary SchoolCommunity SchoolGood1.50 KM
Soudley SchoolCommunity SchoolGood1.91 KM
Hilltop Children'S CentreChildren's Centre3.18 KM
Forest View Primary SchoolAcademy ConverterGood3.36 KM
The Forest High SchoolAcademy Sponsor LedRequires improvement3.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Firview Road £ 250,00000.00 KM
Speech House Road £ 425,00000.00 KM
Saint White's Road £ 243,50000.00 KM
St John's Mews £ 000.00 KM
St. Johns Square £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tramway Road, Cinderford £ 325,000BUYUnknown0.00 KM
With One Bedroom Annexe, Tramway Road, Cinderford £ 500,000BUY8 / 100.00 KM
Tramway Road, Cinderford £ 355,000BUYUnknown0.00 KM
10 Tramway Road, Ruspidge, Gloucestershire, GL14 3AY £ 460,000BUY7 / 100.05 KM
Hewlett Way, Ruspidge, Cinderford £ 425,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
3 Tramway Road £ 180,0000.01 KM
1 Tramway Road £ 142,0000.01 KM
12 Tramway Road £ 110,0000.01 KM
10 Tramway Road £ 240,0000.01 KM
18 Tramway Road £ 165,0000.01 KM