Hunters says ..

Property Oracle says ..

The property is a two-bedroom apartment located in a retirement complex in Cheltenham, Gloucestershire. The complex appears well-maintained from the exterior photos, with ample parking. The interior photos show the apartment to be in need of some modernisation. The kitchen and bathroom appear dated, and the décor throughout is somewhat tired. However, the apartment seems structurally sound. The location is convenient, with nearby schools (Oakwood Primary School and Pittville School, both rated ‘Good’ by Ofsted) and Cheltenham Spa railway station within a reasonable distance. The proximity to these amenities is a positive aspect. However, the lack of a private garden is a notable drawback, especially considering the average plot size in the area. The list price of £75,000 is significantly lower than the average house price in the area (£510,640). Considering the apartment’s condition, size (547.56 sqft), and lack of outdoor space, the price may reflect its age and the specific target market (over 60s). However, it is substantially below the average price per square foot (£574) in the area. This may indicate good value for money for a buyer within the target demographic, but it might not be considered a sound investment for other buyers.

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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