Peter Ball & Co says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom apartment located in Cheltenham, Gloucestershire. The apartment is part of Hanover House, a larger building that appears to be undergoing some renovations, as evidenced by scaffolding visible in the exterior photos. The interior photos show a property that is in relatively good condition, although some minor cosmetic updates might enhance its appeal. The apartment includes a small private balcony or patio area and access to communal gardens. The location is described as being in a sought-after area of Cheltenham, close to Tivoli and Montpellier. The list price of £125,000 is significantly lower than the average price for the area (£339,216), and the price per square foot is also lower than the average (£312). However, it is important to note that comparable properties in the area are primarily apartments, and many are retirement apartments, which may account for the lower price. The property benefits from its proximity to transportation links (Cheltenham Spa railway station is 1.11km away) and several schools. The presence of communal gardens is a positive aspect, offering outdoor space. Overall, the property presents a reasonable value proposition, although potential buyers should factor in the need for minor cosmetic upgrades and the fact that it is part of a retirement complex.

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

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