Philip Pugh says ..

Property Oracle says ..

The property located on Russet Road, Cheltenham, is a three-bedroom semi-detached house with one bathroom. The property is situated in the St Peter’s area of Cheltenham, Gloucestershire. It has a plot size of 880.49 sqft and internal living space of 723.55 sqft. The list price is £220,000.

The property shows signs of needing renovation. The interior decor is dated, and the garden is overgrown and unkempt. The kitchen and bathrooms appear to be in need of updating. The property benefits from having a garden, although this requires significant attention.

The average house price in the area is significantly higher at £530,332, with an average price per sqft of £604. However, the average price per sqft is not directly comparable due to the lack of sqft information for many nearby properties. The list price of £220,000 for this property is considerably lower than the area average. This may reflect the condition of the property requiring substantial renovation. The proximity to local amenities such as schools (Hesters Way Primary School, All Saints’ Academy, Cheltenham) and transportation links (Cheltenham Spa train station) are positive factors.

Considering the property’s condition, the need for renovation, and the relatively low price compared to the area average, the property presents a potential opportunity for buyers willing to undertake renovation work. The garden, while currently overgrown, offers potential for improvement. The overall location is positive due to its proximity to amenities and transport.

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

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