Mersey Road, Cheltenham
DE

Mersey Road, Cheltenham

By de Mel Property

£ 240,000

Reviews

2 out of 5 stars

de Mel Property says ..

This substantial semi is situated on the outskirts of Cheltenham and is offered to the market with vacant possession and NO ONWARD CHAIN!! Given the size and the asking price, this certainly would be an affordable four bedroom house and offers great potential to add more value to the property ...

Property Oracle says ..

This four-bedroom semi-detached house located on Mersey Road in Oakley, Cheltenham, presents a mixed bag of opportunities and challenges. Its primary advantage is its location in a relatively convenient area. The proximity to local schools (some rated “Good” by Ofsted) and Cheltenham Spa railway station is desirable for families and commuters. However, the property requires significant modernisation and refurbishment. The kitchen and bathroom are clearly dated, and the interior photographs show a general need for updating and repair. The garden, while present, appears overgrown and neglected and requires a significant investment of time and effort to improve. The lack of precise plot size information makes a definitive judgment on land value challenging. The price of £240,000 needs to be assessed in relation to other comparable properties in the area that are in a similar state of repair to make a sound judgement. The absence of key data, especially regarding the precise plot size, and condition of the property, makes it difficult to give a fully informed appraisal on whether the property represents exceptional value for money.

Therefore, we give this property 5 / 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
3
Bedrooms
4
Bathrooms
1
Sqft (est)
1,323.96

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
298,937.00 £
Decreased by 3.16 %
from 308,695.00 £
Est sale value
391,892.16 £
Increased by 11.28 %
from 352,173.36 £
Average area rental value
1,215.00 £/mo
Increased by 9.26 %
from 1,112.00 £/mo
Est letting value
1,323.96 £/mo
from 0.00 £/mo
Est rental Yield
4.88 %
Increased by 12.96 %
from 4.32 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • de Mel Property marked this listing as sold.

  • de Mel Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Battledown Centre For Children And FamiliesAcademy Special Converter0.40 KM
Oakwood Children'S CentreChildren's Centre0.46 KM
Berkhampstead SchoolOther Independent School0.49 KM
The Ridge AcademyAcademy Special Sponsor LedGood0.58 KM
Holy Apostles' Church Of England Primary SchoolVoluntary Aided SchoolGood0.68 KM

Images

Photo 13 Photo 3 Photo 2 Photo 11 Photo 12 Photo 4 Photo 1 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10

Nearby Streets

NameAverage PriceAverage SqftDistance
Avon Road £ 270,00000.00 KM
Cotswold Road £ 280,00000.00 KM
Cheviot Road £ 315,00000.00 KM
Ridge Close £ 000.00 KM
Oxford Walk £ 575,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Cheltenham Spa4731CNM4.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Whaddon Avenue, Cheltenham, Gloucestershire, GL52 £ 260,000BUY6 / 100.07 KM
Avon Road, Cheltenham, Gloucestershire, GL52 £ 270,000BUY6 / 100.08 KM
Whaddon Road, Cheltenham £ 285,000BUY7 / 100.17 KM
Hewlett Road, Cheltenham, GL52 6UF £ 225,000BUY5 / 100.18 KM
Humber Road, Cheltenham, GL52 £ 325,000BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
26 Mersey Road £ 284,5000.01 KM
2d Mersey Road £ 166,0000.01 KM
40 Mersey Road £ 115,0000.01 KM
2b Mersey Road £ 215,0000.01 KM
1b Mersey Road £ 50,0000.06 KM