Cheltenham offers a range of property types for investors to choose from. Alongside fine period houses and apartments. While Cheltenham itself is urban there are a number of large and small villages around the town which appeal to Cheltenham commuters.
Cheltenham town centre includes some of the town’s most fashionable areas including Lansdown Crescent, Montpellier and Pittville. These offer mainly period properties and are popular residential spots being close to all the town centre amenities.
To the north of Cheltenham include St. Pauls which is a good value part of town. The university’s Francis Close Hall, Pittville Park and Cheltenham Racecourse are also on this side of town. Further out the separate villages of Brockhampton, Bishop’s Cleeve and Woodmancote are also considered part of the wider Cheltenham area.
Bishop’s Cleeve, which is located in Tewkesbury borough, has its own extensive local amenities and is a popular location with families thanks to its good schools.
At Elms Park, to the north-west there are plans for a whole new suburb. If fully developed Elms Park would deliver business space, two new schools, an estimated 5,000 new jobs and up to 4,115 new homes for the Cheltenham area.
In the east of Cheltenham are districts including Battledown, Lynworth, Oakley, Prestbury and Whaddon. Lynworth and Whaddon have good access to the town centre and some of Cheltenham’s cheaper property.
South of Cheltenham centre is Charlton Kings, Charlton Park, Leckhampton, Pilley and Shurdington. Cheltenham General Hospital and the University of Gloucestershire’s Park Campus are located on this side of town. The south side is a popular residential area and Charlton Kings is a favourite residential area thanks to good local amenities and good schools.
Areas to the west of Cheltenham itself include Arle, Fiddler’s Green, Golden Valley, Hesters Way, St. Marks, The Reddings and Uckington. Locations to the west side of Cheltenham are well located for access to the M5 and Gloucester via the A40 as well as the Cheltenham Spa railway station and the workplaces in the area. GCHQ is also located in the area. There are also some good value streets in this part of Cheltenham.
Also on this side of Cheltenham, The Golden valley Development is in planning and will create a vibrant pioneering Garden Community integrating hi-tech. business, residential and leisure uses. At its heart will be Cyber Central, the UK home of cyber, digital and creative sectors and building on Cheltenham’s international reputation for leadership in cyber innovation. There could be around 12,000 jobs on the site and around 3,700 homes if it is fully developed.
Property investors who are interested in Cheltenham property investment might also consider nearby Gloucester. Some people who work in Cheltenham live in and commute from nearby Gloucester where prices are rents are more affordable on average.
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