Perry Bishop says ..

Property Oracle says ..

This listing is for a plot of land at 66 Copt Elm Road, Charlton Kings, Cheltenham (GL53 8EZ), with approved planning permission for a substantial five-bedroom, three-storey detached house. The 0.132-acre plot is situated on a tree-lined road in the heart of Charlton Kings, offering a highly desirable location. The planning permission includes provisions for ample off-street parking for 2-3 vehicles and a good-sized garden. The area is well-regarded for its excellent schools, including those within the Balcarras catchment area. The location boasts a thriving village atmosphere with a range of amenities within walking distance, while the proximity to Cheltenham Spa train station ensures good transport connections. The list price of £375,000 reflects the prime location, substantial plot size, and the planning permission for a large new-build. While the existing property is simply land, the approved planning permission signifies a significant investment opportunity to build a luxury home in a highly sought after area. However, potential buyers should undertake their own comprehensive due diligence on the plans and build costs before committing. Neighbouring property prices suggest this is a reasonable price, but further investigation is recommended to make a fully informed decision. The absence of specifics about the final build (materials, finishes etc) means a precise valuation is currently impossible.

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

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