Overton Park Road, Cheltenham
RE

Overton Park Road, Cheltenham

By Read Maurice

£ 200,000

Reviews

2 out of 5 stars

Read Maurice says ..

A well proportioned 2 bedroom first floor flat located in a popular residential area requiring modernisation and refurbishment and the opportunity to create an amazing home.

Property Oracle says ..

This two-bedroom flat located on Overton Park Road, Cheltenham, presents a mixed bag for potential buyers. The location in Lansdown offers a significant advantage, with its proximity to Cheltenham town centre and highly-rated schools like Gloucestershire Hospital Education Service and The Catholic School of Saint Gregory the Great. The closeness to Cheltenham Spa train station enhances convenience for commuters. However, the property’s condition is a major factor to consider. The photographs reveal a dated interior in need of considerable refurbishment, from the carpets and fixtures to what appears to be some potential wall damage. The kitchen and bathroom particularly seem outdated. While the building’s exterior appears to be in reasonable shape, the significant upgrade needed internally is a crucial factor influencing value. The lack of a garden is a further limitation. The asking price of £200,000 needs to be weighed against the renovation costs. While seemingly in line with other prices for flats in the area, the necessary modernisation work will add significantly to the overall investment cost. A prospective buyer should budget extensively for renovations and carefully consider the total cost of ownership before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
756.70

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
411,214.00 £
Decreased by 39.25 %
from 676,899.00 £
Est sale value
366,242.80 £
Decreased by 21.81 %
from 468,397.30 £
Average area rental value
1,876.00 £/mo
Increased by 11.40 %
from 1,684.00 £/mo
Est letting value
1,513.40 £/mo
Increased by 100.00 %
from 756.70 £/mo
Est rental Yield
5.47 %
Increased by 82.94 %
from 2.99 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Read Maurice marked this listing as sold.

  • Read Maurice created the listing.

Nearby Schools

NameTypeOfstedDistance
Gloucestershire Hospital Education ServicePupil Referral UnitOutstanding0.36 KM
Christ Church Cofe Primary SchoolAcademy Converter0.48 KM
Airthrie School With Hillfield Dyslexia TrustOther Independent School0.53 KM
The Catholic School Of Saint Gregory The GreatVoluntary Aided SchoolOutstanding0.55 KM
Gloucester Road Primary SchoolCommunity SchoolOutstanding0.70 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Honeybourne Way £ 000.00 KM
Millbrook Roundabout £ 190,00000.00 KM
New Street £ 000.00 KM
Maytrees £ 000.00 KM
Honeybourne £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Cheltenham Spa4731CNM1.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Overton Park Road, Cheltenham, Gloucestershire, GL50 £ 325,000BUY7 / 100.01 KM
Overton Park Road, Overton Court Overton Park Road, GL50 £ 220,000BUY6 / 100.04 KM
Overton Park Road, Cheltenham, GL50 3BW £ 240,000BUY6 / 100.04 KM
Overton Court, Overton Park Road, Cheltenham, GL50 £ 229,500BUYUnknown0.04 KM
Overton Park Road, Cheltenham £ 350,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
10 Overton Park Road £ 340,0000.04 KM
1 Overton Park Road £ 316,0000.04 KM
8 Overton Park Road £ 389,0000.04 KM
5 Overton Park Road £ 337,0000.04 KM
7 Overton Park Road £ 298,0000.04 KM