Richmond Avenue, Gloucester
RE

Richmond Avenue, Gloucester

By Read Maurice

£ 115,000

Reviews

2 out of 5 stars

Read Maurice says ..

A two bedroom terraced house untouched for 30 years requiring full refurbishment and modernisation yet benefitting from a nice location and sunny rear 40' garden.

Property Oracle says ..

This two-bedroom terraced house located on Richmond Avenue in Coney Hill, Gloucester, presents a unique opportunity for a buyer willing to invest time and money in a complete renovation. The property is currently in a very poor state of repair. The photographs reveal significant wear and tear throughout, including outdated wallpaper, stained carpets, and potentially damp areas. The kitchen and bathroom fixtures are old and in need of replacement. While the exterior appears structurally sound, internal modernisation is imperative. The property does benefit from a small, enclosed rear garden, which offers some outdoor space. The location is reasonably convenient, close to local schools and Gloucester’s city centre and train station. However, it is vital that prospective buyers have a realistic understanding of the scale of renovation needed before making an offer. Given the present condition, this would be considered a fixer-upper property and the value is heavily reliant on the cost of bringing the property up to a desirable standard and then the value it would have post-refurbishment. A full structural survey is strongly recommended before purchase to identify any potential hidden issues.

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

Price
7
Condition
3
Location
6
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
725.49

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
290,495.00 £
Decreased by 11.63 %
from 328,713.00 £
Est sale value
235,784.25 £
Increased by 0.31 %
from 235,058.76 £
Average area rental value
1,124.00 £/mo
Increased by 4.46 %
from 1,076.00 £/mo
Est letting value
725.49 £/mo
Unchanged by 0.00 %
from 725.49 £/mo
Est rental Yield
4.64 %
Increased by 18.07 %
from 3.93 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Read Maurice created the listing.

Nearby Schools

NameTypeOfstedDistance
The Compass Children'S CentreChildren's Centre0.28 KM
Coney Hill Community Primary SchoolCommunity SchoolOutstanding0.43 KM
Gloucester AcademyAcademy Sponsor Led0.81 KM
Oneschool Global Uk - GloucesterOther Independent School0.82 KM
Barnwood Park SchoolFoundation SchoolGood1.15 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Willow Avenue £ 000.00 KM
Eastern Avenue £ 000.00 KM
York Road £ 345,00000.00 KM
Malmesbury Road £ 000.00 KM
Raven Close £ 56,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Gloucester4760GCR2.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Richmond Avenue, Gloucester, Gloucestershire, GL4 £ 220,000BUY6 / 100.00 KM
Willow Avenue, Coney Hill, Gloucester, GL4 £ 210,000BUYUnknown0.13 KM
Church Way, Coney Hill, Gloucester - GL4 4NW £ 170,000BUY6 / 100.14 KM
May Tree Square, Gloucester, GL4 £ 220,000BUY6 / 100.18 KM
Boughton Way, Gloucester £ 139,950BUY5 / 100.34 KM

Nearby Properties

AddressPriceDistance
18 Richmond Avenue £ 175,0000.03 KM
5 Richmond Avenue £ 210,0000.03 KM
3 Richmond Avenue £ 110,0000.03 KM
17 Richmond Avenue £ 100,0000.03 KM
21 Richmond Avenue £ 116,0000.03 KM