Philip Pugh says ..

Property Oracle says ..

This property is a 3-bedroom semi-detached house located in St Peter’s, Cheltenham. The area benefits from relatively close proximity to local schools such as All Saints’ Academy (rated good by Ofsted) and Hesters Way Primary School, and is approximately 1.62km from Cheltenham Spa train station. The property itself is in need of significant modernisation and updating. The garden is present but requires considerable attention. The list price of £220,000 is lower than the average price for the area (£530,332), but this is likely reflective of the property’s condition and the need for renovation. Comparable properties in the area range from £165,000 to £410,000, with the average price of similar properties on Russet Road being £270,000. Given the condition, the price could be considered reasonable for a buyer willing to undertake a full renovation project. However, the considerable cost of renovation should be factored into any purchase decision.

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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