The Park, Cheltenham
CH

The Park, Cheltenham

By Charles Lear

£ 550,000

Reviews

3 out of 5 stars

Charles Lear says ..

This impressive apartment forms part of an exclusive development of just ten properties all with allocated parking and lift access. The apartment is located on the lower ground floor at the rear of the building with the benefit of a private and peaceful south facing patio garden, allocated parkin...

Property Oracle says ..

The property is a modern two bedroom apartment located on The Park in Cheltenham. The apartment is in excellent condition and benefits from a modern fitted kitchen and two bathrooms. The property also includes a private patio area, ideal for outdoor relaxation. The location is excellent, situated in a desirable area of Cheltenham, close to local amenities and transport links. Cheltenham Spa railway station is within easy reach, providing convenient access to other towns and cities. Several highly regarded schools are also nearby, including Cheltenham College and Cheltenham Ladies’ College. The apartment’s list price of £550,000 is slightly higher than the average price for properties in the area (£339,216). However, considering the property’s modern condition, desirable location, and private outdoor space, the price appears reasonable. The average price per square foot in the area is £312, and while the property’s square footage is not exceptionally large (878 sqft), the premium location and modern features justify the higher list price. Nearby comparable properties support this assessment, with similar apartments selling for prices in a similar range. The lack of plot size information prevents a more detailed land analysis. Based on the provided information and images, the property is well-maintained and modern, with no apparent need for renovation. The location is highly desirable, and the price, while above average, seems justified by the property’s features and location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
10
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
878.00

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
319,592.00 £
Increased by 25.52 %
from 254,620.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
878.00 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Charles Lear created the listing.

Nearby Schools

NameTypeOfstedDistance
University Of GloucestershireHigher Education Institutions0.41 KM
St James' Church Of England Primary SchoolAcademy Converter1.00 KM
Cheltenham CollegeOther Independent School1.10 KM
Cheltenham Ladies' CollegeOther Independent School1.11 KM
Gloucestershire Hospital Education ServicePupil Referral UnitOutstanding1.19 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Suffolk Road £ 590,00000.00 KM
Saint James Place £ 425,00000.00 KM
Edward Street £ 000.00 KM
Pickering Close £ 000.00 KM
Albany Road £ 557,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Cheltenham Spa4731CNM1.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Park, Cheltenham £ 550,000BUY7 / 100.00 KM
The Park, Cheltenham £ 500,000BUY8 / 100.01 KM
Eton Lodge, The Park, Cheltenham, GL50 £ 300,000BUY6 / 100.02 KM
The Park, Cheltenham, GL50 £ 250,000BUY5 / 100.03 KM
The Park, Cheltenham, Gloucestershire, GL50 £ 375,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
15 The Park £ 815,0000.07 KM
7a The Park £ 880,0000.08 KM
7b The Park £ 972,5000.08 KM
91 The Park £ 2,925,0000.08 KM
1 Tudor Lodge Drive £ 349,0000.09 KM