Arle Road, Cheltenham, GL51 8LF
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Arle Road, Cheltenham, GL51 8LF

By Luke Heyden Property, Powered by eXp UK

£ 600,000

Reviews

3 out of 5 stars

Luke Heyden Property, Powered by eXp UK says ..

An opportunity to purchase a large plot of land with a detached bungalow, converted barn and further outbuildings. 

Property Oracle says ..

This property in Arle Road, Cheltenham presents a unique opportunity, but requires careful assessment. The substantial land is a major selling point, offering significant potential for extension, redevelopment, or simply enjoying a generous outdoor space. The inclusion of a converted barn and additional outbuildings adds to this potential. However, the current condition of the main house requires attention. Interior images reveal that the property requires significant modernization and updating to meet current standards. The overall aesthetic is cluttered and dated, suggesting significant costs will be required to bring it to a desirable standard. The lack of specific square footage information for the main house makes accurate comparison with other local properties difficult. The list price of £600,000 must be considered in relation to the substantial renovation costs needed. While the location is positive given the schools and relative proximity to Cheltenham Spa, prospective buyers should approach this property with a realistic understanding of the work and expenditure required to fully realize its potential. A thorough survey is strongly recommended before making an offer.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
8
Bedrooms
4
Bathrooms
2
Sqft (est)
3,068.00

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
2,126,124.00 £
Increased by 54.34 %
from 1,377,532.00 £
Average area rental value
2,264.00 £/mo
Increased by 11.14 %
from 2,037.00 £/mo
Est letting value
9,204.00 £/mo
Increased by 200.00 %
from 3,068.00 £/mo
Est rental Yield
5.55 %
Increased by 4.52 %
from 5.31 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Luke Heyden Property, Powered by eXp UK created the listing.

Nearby Schools

NameTypeOfstedDistance
Rowanfield Infant SchoolAcademy Converter0.43 KM
Rowanfield Children'S CentreChildren's Centre0.44 KM
Cheltenham And Tewkesbury Alternative Provision SchoolPupil Referral UnitGood0.45 KM
Rowanfield Junior SchoolAcademy ConverterGood0.49 KM
Gloucester Road Primary SchoolCommunity SchoolOutstanding0.99 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bedford Avenue £ 263,33300.00 KM
Brook Road £ 205,00000.00 KM
O'Brien Road £ 250,00000.00 KM
Brooklyn Road £ 426,88900.00 KM
Russet Road £ 270,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Cheltenham Spa4731CNM1.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Arle Road, Cheltenham, GL51 8LF £ 600,000BUY6 / 100.00 KM
Netherwood Gardens, Cheltenham £ 525,000BUYUnknown0.06 KM
Netherwood Gardens, Cheltenham, Gloucestershire, GL51 £ 325,000BUY6 / 100.09 KM
Arle Road, Cheltenham, Gloucestershire, GL51 £ 400,000BUY7 / 100.09 KM
Arle Drive, Cheltenham, Gloucestershire, GL51 £ 280,000BUY5 / 100.12 KM

Nearby Properties

AddressPriceDistance
120a Arle Road £ 258,5000.04 KM
118 Arle Road £ 250,0000.04 KM
122 Arle Road £ 310,0000.04 KM
114 Arle Road £ 215,0000.04 KM
112 Arle Road £ 305,0000.04 KM