Read Maurice says ..

Property Oracle says ..

This three-bedroom detached bungalow in Cheltenham’s Warden Hill area presents a unique opportunity but requires careful consideration. The property’s greatest asset is its location; its proximity to well-regarded schools like Warden Hill Primary School (rated Outstanding) and Cheltenham Spa train station is a definite plus for families and commuters. However, the images reveal a property in need of substantial renovation. The interior’s dated fixtures, worn carpets, and evidence of potential damp necessitate a considerable financial investment in modernisation. The kitchen and bathroom are particularly dated and require complete updates. Additionally, there appears to be some structural issues evident in the attic. The garden is of modest size, and although providing some outdoor space, doesn’t offer significant land. The listing price of £300,000 presents a challenge. While comparable properties in the area exist, the significant renovation needed significantly impacts the overall value proposition. A prospective buyer should budget for extensive refurbishment and weigh that cost against the final property value after completion. A thorough survey is crucial before making an offer to assess the full extent of the required works and any potential hidden problems. In summary, the property offers an attractive location but comes with the significant caveat of requiring extensive and potentially costly modernisation.

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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