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 The kitchen and bathroom particularly seem outdated.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 %
- Est sale value
- 366,242.80 £Decreased by 21.81 %
- Average area rental value
- 1,876.00 £/moIncreased by 11.40 %
- Est letting value
- 1,513.40 £/moIncreased by 100.00 %
- Est rental Yield
- 5.47 %Increased by 82.94 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Read Maurice marked this listing as sold.
Read Maurice created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Gloucestershire Hospital Education Service | Pupil Referral Unit | Outstanding | 0.36 KM |
| Christ Church Cofe Primary School | Academy Converter | 0.48 KM | |
| Airthrie School With Hillfield Dyslexia Trust | Other Independent School | 0.53 KM | |
| The Catholic School Of Saint Gregory The Great | Voluntary Aided School | Outstanding | 0.55 KM |
| Gloucester Road Primary School | Community School | Outstanding | 0.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Honeybourne Way | £ 0 | 0 | 0.00 KM |
| Millbrook Roundabout | £ 190,000 | 0 | 0.00 KM |
| New Street | £ 0 | 0 | 0.00 KM |
| Maytrees | £ 0 | 0 | 0.00 KM |
| Honeybourne | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cheltenham Spa | 4731 | CNM | 1.48 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Overton Park Road, Cheltenham, Gloucestershire, GL50 | £ 325,000 | BUY | 7 / 10 | 0.01 KM |
| Overton Park Road, Overton Court Overton Park Road, GL50 | £ 220,000 | BUY | 6 / 10 | 0.04 KM |
| Overton Park Road, Cheltenham, GL50 3BW | £ 240,000 | BUY | 6 / 10 | 0.04 KM |
| Overton Court, Overton Park Road, Cheltenham, GL50 | £ 229,500 | BUY | Unknown | 0.04 KM |
| Overton Park Road, Cheltenham | £ 350,000 | BUY | Unknown | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Overton Park Road | £ 340,000 | 0.04 KM |
| 1 Overton Park Road | £ 316,000 | 0.04 KM |
| 8 Overton Park Road | £ 389,000 | 0.04 KM |
| 5 Overton Park Road | £ 337,000 | 0.04 KM |
| 7 Overton Park Road | £ 298,000 | 0.04 KM |