Fine & Country says ..

Property Oracle says ..

Alma House, located on Rodney Road in Cheltenham, presents a unique opportunity. This large detached property boasts considerable internal space (6,878 sq ft), distributed across six bedrooms and four bathrooms. Its architecture displays notable period features, suggesting a rich history. The interior, shown in the images, is largely vacant, but reveals glimpses of potential grandeur – from high ceilings with ornate detailing and fireplaces to impressive stained glass features. However, the photographs also reveal signs of disrepair and a general need for significant modernisation. The exterior shows some wear and tear, and the immediate surrounding area lacks the greenery and character of more desirable areas of Cheltenham. While the location in Cheltenham offers proximity to good schools and the town’s amenities, the lack of available land is a significant drawback. The property’s value, therefore, hinges heavily on the buyer’s ability and willingness to undertake a substantial renovation project. The asking price should be viewed in this context. Prospective buyers must weigh the costs of refurbishment against the location’s desirability and the potential future value. This would be a good buy for a developer or those with the time and resources to create a substantial luxury family home.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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