de Mel Property says ..

Property Oracle says ..

This property is a one-bedroom apartment located in Swindon Village, Cheltenham. The location benefits from being within a reasonable distance of local schools such as All Saints’ Academy (0.48km) and Hesters Way Primary School (0.86km), as well as Cheltenham Spa railway station (2.30km). The property itself is in need of significant modernisation and renovation. The kitchen and bathroom are dated and require complete updating. The walls and floors also appear tired and worn. While the property is small (290.63 sqft), it does benefit from a small plot of land of the same size. Given the average price per sqft in the area is £574, and comparable properties in the area range from £65,500 to £167,500, the asking price of £100,000 may seem reasonable, however, the required renovation work will significantly increase the overall cost of ownership. Therefore, a prospective buyer should carefully consider these factors before making a 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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