6 Bed Detached House, Single Let, Cheltenham, GL52 5FF, £735,000

1 Mill Reef Drive, Cheltenham, Gloucestershire, GL52 5FF - 3 views - 7 months ago

BTL
188 m²
+16 photos

ValuationUndervalued

Sold Prices£435K - £4.7M
Sold Prices/m²£1.6K/m² - £6.7K/m²

 

 

Square Metres

188 m²
Price/m²£3.9K/m²

Value Estimate

£782,910
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£183,750

Stamp Duty & Legal Fees

£48,700

Total Cash In

£232,450

 

 

Cash Out

 

Rent Range

£1,400 - £2,950

Rent Estimate

£1,250

Running Costs/mo

£2,567

Cashflow/mo

£-1,317

Cashflow/yr

£-15,802

Gross Yield

2%

Local Sold Prices

30 sold prices from £435K to £4.7M, average is £1.3M. £1.6K/m² to £6.7K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£1.6M02/210.25 miThe Spinney, Mill Lane, Prestbury, Cheltenham, Gloucestershire GL52 3NE6
£2.4M09/211.49 mi93, Pittville Lawn, Cheltenham, Gloucestershire GL52 2BP6
£1.3M11/201.51 mi1, Albert Road, Cheltenham, Gloucestershire GL52 2QY6
£4.7M02/211.52 miHaymes, Haymes Road, Cleeve Hill, Cheltenham, Gloucestershire GL52 3QH6
£1.5M04/211.56 miMeadow View, Birchley Road, Battledown, Cheltenham, Gloucestershire GL52 6NY6
£560K04/211.59 mi29, Selkirk Street, Cheltenham, Gloucestershire GL52 2HJ6
£2.2M06/211.61 miSavoy House, Ashley Road, Charlton Kings, Cheltenham, Gloucestershire GL52 6NS6
£1.0M09/231.64 mi102, Hewlett Road, Cheltenham, Gloucestershire GL52 6AR6
£1.8M04/231.68 miWellington House, Wellington Square, Cheltenham, Gloucestershire GL50 4JZ6
£1.0M03/211.69 mi1, Albemarle Gate, Cheltenham, Gloucestershire GL50 4NG6
£1.4M10/221.75 mi17, Wellington Square, Cheltenham, Gloucestershire GL50 4JS6
£435K04/211.82 mi4, Rosehill Street, Cheltenham, Gloucestershire GL52 6SJ6
£1.2M07/211.83 mi26, Clarence Square, Cheltenham, Gloucestershire GL50 4JP6
£1.9M03/212.01 mi8, Cudnall Street, Charlton Kings, Cheltenham, Gloucestershire GL53 8HT6
£780K04/212.07 mi18, College Road, Cheltenham, Gloucestershire GL53 7HX6
£652K11/202.11 mi44, St Lukes Road, Cheltenham, Gloucestershire GL53 7JJ6
£1.5M03/232.12 mi31, Brookway Road, Charlton Kings, Cheltenham, Gloucestershire GL53 8HF6
£1.2M03/212.23 mi118, Bath Road, Cheltenham, Gloucestershire GL53 7JX6
£1.3M04/212.25 mi8, Montpellier Drive, Cheltenham, Gloucestershire GL50 1TX6
£880K11/202.31 mi11, Moorend Glade, Charlton Kings, Cheltenham, Gloucestershire GL53 9AT6
£1.4M04/232.31 mi59, St Georges Road, Cheltenham, Gloucestershire GL50 3DU6
£850K05/212.34 mi73, Market Street, Cheltenham, Gloucestershire GL50 3NJ6
£3.1M12/202.46 mi10, Charlton Park Gate, Cheltenham, Gloucestershire GL53 7DJ6
£1.9M09/232.46 mi14, Charlton Park Gate, Cheltenham, Gloucestershire GL53 7DJ6
£1.4M06/212.47 mi11, Suffolk Square, Cheltenham, Gloucestershire GL50 2DR6
£1.2M06/212.62 mi4, Park Place, Cheltenham, Gloucestershire GL50 2QR6
£1.4M02/212.72 mi106, Charlton Lane, Cheltenham, Gloucestershire GL53 9EA6
£1.3M12/202.85 mi75, Painswick Road, Cheltenham, Gloucestershire GL50 2EX6
£1.2M06/232.87 mi54, Sandy Lane, Charlton Kings, Cheltenham, Gloucestershire GL53 9DQ6
£1.1M11/232.93 mi81, Leckhampton Road, Cheltenham, Gloucestershire GL53 0BS6

Local Rents

12 rents from £1.4K/mo to £3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,87504/240.04 mi-4
£1,66003/250.04 mi-4
£1,70004/240.05 miDesert Orchid Road, Prestbury3
£2,95004/250.13 mi-4
£1,50004/240.17 miRoberts Road, Prestbury, Cheltenham, Gloucestershire, GL524
£1,60004/240.29 miFinchcroft Lane, Prestbury, Cheltenham, Gloucestershire, GL523
£1,80004/240.33 miFinchcroft Lane, Cheltenham, GL523
£1,80012/240.33 mi-3
£1,97503/250.33 mi-3
£1,45004/240.41 miHigh Street, Cheltenham3
£1,40004/240.53 miDeep Street, Prestbury, Cheltenham, Gloucestershire, GL524
£2,25012/240.62 miWillowherb Close, Cheltenham GL52 5LP4

Local Area Statistics

Population in GL52

42,918

Population in Cheltenham

159,223

Town centre distance

2.62 miles away

Nearest school

0.60 miles away

Nearest train station

3.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £735,000

November 9, 2024

Listed for £750,000

September 10, 2024

Sold for £465,000

2007

Floor Plans

Description

  • NOVERTON LANE, PRESTBURY +
  • GREAT SCHOOL CATCHMENT FOR ALL AGES +
  • QUIET CUL DE SAC LOCATION +
  • GARAGE AND DRIVEWAY +
  • PRIVATE GARDEN +
  • FIVE DOUBLE AND A SINGLE BEDROOM +
  • FOUR BATHROOMS +
  • LARGE LIVING ROOM +
  • GREAT VIEWS AT FRONT AND BACK +
  • PLEASE QUOTE REF ZC 0364 +

PROPERTY This exquisite detached family home, located in the prestigious area of Prestbury, offers a luxurious living experience in a prime cul-de-sac location. The property, constructed in 2007 by the esteemed George Wimpy Homes, exudes quality and sophistication throughout.  As you enter the home, you are greeted by a grand entrance hall that sets the tone for the elegance and spaciousness found within. The layout of the ground floor is thoughtfully designed, with a lounge on the right, a kitchen on the left, and a convenient downstairs toilet. The lounge is a bright and welcoming space, featuring double patio doors that open up to the beautifully landscaped rear garden. A modern wall entertainment unit adds a touch of contemporary style to the room. The kitchen has undergone a recent reconfiguration, resulting in a more open and functional space. The addition of a pantry and separate utility room enhances the practicality of the area. The installation of new bi-folding patio doors allows for a seamless connection between the indoor and outdoor spaces, creating a seamless flow throughout the home. Moving to the first floor, you will find four generously sized bedrooms, including a master bedroom with fitted wardrobes and an en-suite shower room. The second bedroom also boasts an en-suite, while the remaining bedrooms offer ample space for family members or guests. A family bathroom completes the accommodation on this floor. Ascending to the second floor, two additional double bedrooms and a shower room provide further flexibility and convenience for larger families or those who desire extra living space. The outdoor areas of the property are equally impressive, with multiple patio areas, a well-maintained lawn, and mature trees creating a serene and inviting atmosphere. Access to the garage from the garden adds practicality to the outdoor space, while the front garden and driveway provide additional curb appeal. Situated near Cleeve Hill in Cheltenham, this home offers easy access to outdoor activities and scenic walks for nature enthusiasts. Families will appreciate the close proximity to a playground and Prestbury Village High Street, making daily life convenient and enjoyable. Furthermore, the excellent schools in the area, including the outstanding St. Mary's School for infants and juniors, make this property an ideal choice for families with children. In summary, this exceptional family home combines luxury, functionality, and a prime location to offer a truly outstanding living experience for discerning buyers.  The position of the plot is such that it affords stunning views from both the front and rear aspect. LOCATION Prestbury is one of Cheltenham's finest residential areas and is well known for its excellent local school and amenities including, public houses, chemist, coffee shop, butchers, and grocers as well as a doctor's surgery, library, and church. With an extensive range of facilities, it offers the discerning buyer a convenient way of living whilst still maintaining a sense of village community life. Cheltenham, a mere three miles away, is within quick and easy access, offering a more comprehensive range of facilities and a cultural lifestyle to its audience, playing host to several highly acclaimed festivals including Jazz, Literature and Food. The world-renowned National Hunt racecourse is on Prestbury's doorstep.

Agent Details

eXp UK, South West

03304 609968

Next Steps?

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