High Street, Cheltenham, Gloucestershire, GL50
By R A Bennett & Partners
£ 360,000
Reviews
2 out of 5 stars
R A Bennett & Partners says ..
Town Centre Redevelopment Opportunity of vacant retail units with vacant flats above The property comprises of numbers 448 and 450 High Street, Cheltenham, GL50 3JA. There are 2 retail units on the ground floor which are no longer operating and the property is vacant. Loc...
Property Oracle says ..
This property on High Street, Cheltenham, presents a unique opportunity for a buyer with renovation experience or a developer. The building itself is situated in a convenient location, close to Cheltenham Spa train station and several outstanding schools. The presence of a rear garden is also a positive feature. However, the property is in a poor state of repair. The interior images reveal significant damage and require extensive refurbishment work. The lack of bedrooms and bathrooms makes it difficult to assess the potential final value after renovation. The current list price of £360,000 needs to be considered in light of the substantial costs associated with bringing the property up to a habitable standard. A potential buyer should carefully assess the total cost of renovation, including materials, labor, and professional fees, before making an offer. While the location offers potential, the current condition presents significant challenges and risks.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 2,437.00
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
- 489,766.00 £Increased by 6.36 %
- Est sale value
- 1,688,841.00 £Increased by 54.34 %
- Average area rental value
- 2,264.00 £/moIncreased by 11.14 %
- Est letting value
- 7,311.00 £/moIncreased by 200.00 %
- Est rental Yield
- 5.55 %Increased by 4.52 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
R A Bennett & Partners created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Catholic School Of Saint Gregory The Great | Voluntary Aided School | Outstanding | 0.33 KM |
| Gloucestershire Hospital Education Service | Pupil Referral Unit | Outstanding | 0.64 KM |
| Gloucester Road Primary School | Community School | Outstanding | 0.75 KM |
| Gardners Lane Primary School | Foundation School | Good | 0.79 KM |
| Cheltenham Ladies' College | Other Independent School | 0.91 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Poole Way | £ 0 | 0 | 0.00 KM |
| Poole Way | £ 0 | 0 | 0.00 KM |
| Honeybourne | £ 325,000 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
| New Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cheltenham Spa | 4731 | CNM | 1.93 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Cheltenham, Gloucestershire, GL50 | £ 360,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Cheltenham, GL50 | £ 150,000 | BUY | 7 / 10 | 0.01 KM |
| High Street, Cheltenham, Gloucestershire | £ 140,000 | BUY | Unknown | 0.04 KM |
| High Street Cheltenham GL50 3HX | £ 135,000 | BUY | Unknown | 0.04 KM |
| Park Street, Cheltenham, Gloucestershire, GL50 | £ 155,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Park Street | £ 164,000 | 0.11 KM |
| 2 Park Street | £ 67,000 | 0.11 KM |
| The Cottage | £ 154,950 | 0.11 KM |
| 18 Park Street | £ 215,000 | 0.11 KM |
| 23 Park Street | £ 120,000 | 0.11 KM |