High Street, Cheltenham, Gloucestershire, GL50
R

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 %
from 460,462.00 £
Est sale value
1,688,841.00 £
Increased by 54.34 %
from 1,094,213.00 £
Average area rental value
2,264.00 £/mo
Increased by 11.14 %
from 2,037.00 £/mo
Est letting value
7,311.00 £/mo
Increased by 200.00 %
from 2,437.00 £/mo
Est rental Yield
5.55 %
Increased by 4.52 %
from 5.31 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • R A Bennett & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
The Catholic School Of Saint Gregory The GreatVoluntary Aided SchoolOutstanding0.33 KM
Gloucestershire Hospital Education ServicePupil Referral UnitOutstanding0.64 KM
Gloucester Road Primary SchoolCommunity SchoolOutstanding0.75 KM
Gardners Lane Primary SchoolFoundation SchoolGood0.79 KM
Cheltenham Ladies' CollegeOther Independent School0.91 KM

Images

Picture No. 20 Picture No. 06 Picture No. 08 Picture No. 10 Picture No. 12 Picture No. 11 Picture No. 09 Picture No. 13 Picture No. 15 Picture No. 16 Picture No. 21 Picture No. 22 Picture No. 31 Picture No. 32 Picture No. 17 Picture No. 18 Picture No. 19 Picture No. 35 Picture No. 33 Picture No. 16 Picture No. 15 Picture No. 06 Picture No. 08 Picture No. 40 Picture No. 20 Picture No. 13 Picture No. 39 Picture No. 10 Picture No. 12 Picture No. 11 Picture No. 09 Picture No. 17 Picture No. 18 Picture No. 19 Picture No. 34 Picture No. 36 Picture No. 37 Picture No. 38 Picture No. 32

Nearby Streets

NameAverage PriceAverage SqftDistance
Poole Way £ 000.00 KM
Poole Way £ 000.00 KM
Honeybourne £ 325,00000.00 KM
High Street £ 000.00 KM
New Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cheltenham Spa4731CNM1.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Cheltenham, Gloucestershire, GL50 £ 360,000BUY5 / 100.00 KM
High Street, Cheltenham, GL50 £ 150,000BUY7 / 100.01 KM
High Street, Cheltenham, Gloucestershire £ 140,000BUYUnknown0.04 KM
High Street Cheltenham GL50 3HX £ 135,000BUYUnknown0.04 KM
Park Street, Cheltenham, Gloucestershire, GL50 £ 155,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
19 Park Street £ 164,0000.11 KM
2 Park Street £ 67,0000.11 KM
The Cottage £ 154,9500.11 KM
18 Park Street £ 215,0000.11 KM
23 Park Street £ 120,0000.11 KM