11 Jennifer Street CHELTENHAM

Comments on 11 Jennifer Street CHELTENHAM

Cheltenham generally from our observations is undergoing a period of rapid growth, fuelled in part by the overall shortage of stock available, historically low interest rates, favourable buyer sentiment, and strong property values forcing buyers further into the southern part of the Bayside market, where regular size parcels of land are still within reach for entry level buyers.

We like Cheltenham overall, and think the postcode presents some good potential for further capital growth in the short to medium term, however the location of this particular offering while good is not at the premium end of the spectrum - its just that little further removed from train and shops.

The property benefits from a northerly orientation providing good light to the kitchen and living areas, and the streets a quiet cul-de-sac with little traffic noise, and surrounding homes are of broadly similar age, style and appeal.

Construction comprises a Circa 1970's single storey, rendered brick home providing a more modern touch. The floor plan is basic and overall works, rooms are generally where they should be and bedroom sizes are okay - and all with built in robes.
Internally updated to a good standard, the kitchen and bathrooms are well appointed. It struck me how large the bathroom is - a generous size given the overall dimensions of the home, and there's a separate powder room, in addition to the toilet in the bathroom which is important given there's no ensuite.

Outside - ample size north facing rear yard with extensive decking, has a nice feel - however there's some minor overlooking with a property to the back, that could perhaps be dimished with some plantings of taller trees along the rear boundary!
There's no garage, however there is adequate car accommodation with an enclosed single carport and further off street parking for another vehicle.

Pricing- The sale of the property directly neighbouring this one earlier in the year-  of 9 Jennifer gives us some idea on likely base pricing, but we've'seen market conditions strengthen considerably since.