Reserve Edge, Lechlade, GL7
SA

Reserve Edge, Lechlade, GL7

By Savills

£ 1,250,000

Reviews

3 out of 5 stars

Savills says ..

A contemporary two-bedroom luxury waterside cabin on the coveted Lakes by Yoo development.

Property Oracle says ..

The property is located in Lechlade, Gloucestershire, a desirable area in the Cotswolds. The surrounding area has a mix of detached properties, suggesting a relatively affluent neighbourhood. While specific details on the proximity to shops, transportation, and places of significance are not provided, the presence of several well-regarded primary schools within a reasonable distance (4.38 KM to 5.79 KM) is a positive factor for families. The average house price in the area is significantly lower than the list price of this property, suggesting a premium location.

Based on the images, the property appears to be in excellent condition. It is modern and well-maintained, with high-quality finishes and fixtures. There is no visible evidence of wear and tear or the need for renovation. The property boasts a contemporary design and is finished to a high standard.

The plot size is listed as 0.00 sqft, indicating a lack of significant land surrounding the property. However, the property features a private deck overlooking a lake, providing an attractive outdoor space. This could be considered a positive feature, offsetting the lack of traditional garden space.

Considering the list price of £1,250,000, the average house price in the area (£705,105), and the average price per square foot (£334), the property’s price seems high relative to the local market average. However, the property’s unique waterfront location, modern condition, and high-quality finishes likely justify the premium price. The nearby comparable properties, with prices significantly higher than the average, support the premium pricing of this property. The lack of plot size information makes a definitive statement on value difficult.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
9
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
1,159.27

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
523,333.00 £
Decreased by 13.42 %
from 604,470.00 £
Est sale value
474,141.43 £
Decreased by 16.87 %
from 570,360.84 £
Average area rental value
1,350.00 £/mo
Decreased by 0.74 %
from 1,360.00 £/mo
Est letting value
1,159.27 £/mo
Unchanged by 0.00 %
from 1,159.27 £/mo
Est rental Yield
3.10 %
Increased by 14.81 %
from 2.70 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Southrop Church Of England Primary SchoolVoluntary Controlled SchoolGood4.38 KM
St Lawrence Church Of England Primary SchoolAcademy Converter4.72 KM
Fairford Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding5.25 KM
Farmor'S SchoolAcademy ConverterGood5.69 KM
Kempsford Church Of England Primary SchoolVoluntary Controlled SchoolGood5.79 KM

Images

Front External Sitting Room View Sitting Room Kitchen Dining Area Principal Bedroom Principal Bedroom Lifestyle Bathroom Bedroom Two Void View Shower Room Sitting Room Terrace Terrace External On Site Gym Aerial Aerial2

Nearby Streets

NameAverage PriceAverage SqftDistance
London Road £ 000.00 KM
Coln Waters £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Reserve Edge, Lechlade, GL7 £ 1,250,000BUY7 / 100.00 KM
Longcross Causeway, Claydon Pike, Lechlade, GL7 £ 3,250,000BUY7 / 100.15 KM
Newfound Lake, Coln Waters, Lechlade, Gloucestershire, GL7 £ 4,750,000BUYUnknown0.21 KM
Longdoles Bank, Lakes By Yoo, Lechlade, Gloucestershire, GL7 £ 2,850,000BUY6 / 100.30 KM
Newfound Reach, Coln Waters, Lechlade, Gloucestershire, GL7 £ 6,000,000BUY8 / 100.44 KM

Nearby Properties

AddressPriceDistance
1 Claydon Farm Cottages £ 616,5001.02 KM
2 Midway Cottages £ 341,0001.19 KM