Morgan Associates says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom house located in the Park area of Cheltenham, Gloucestershire. It has a relatively small plot size of 0.00 sqft, meaning there is no garden. The property’s interior appears to be in good condition, with recently updated kitchen and bathroom fixtures visible in the provided photos. The décor is modern and well-maintained. The location is within close proximity to several schools, including University of Gloucestershire, Cheltenham Ladies’ College, and Cheltenham College, all within approximately 1km. Cheltenham Spa train station is also relatively close by at 1.88km. Considering the average price per sqft in the area is £312, and the property is 364.90 sqft, a rough estimate of the expected price would be around £113,760. However, the list price is £188,000. This suggests that the property is significantly overpriced compared to the average price per square foot in the area. The lack of land and smaller size compared to the average property size in the area (1086 sqft) further contributes to this assessment. While the property’s condition and location are positive factors, the price point is considerably higher than what would be expected given the size and the average prices of comparable properties in the area. Nearby properties show a wide range of prices, indicating a diverse market with some properties selling for significantly more than the average. However, the lack of plot size and the smaller size of the subject property makes it difficult to directly compare it to the nearby listings.

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

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