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Cheltenham property market remains buoyant

Cheltenham property market remains buoyant

Cheltenham is proving to be a popular location for house hunters, with a steady stream of buyers drawn to the area by the highly Ofsted rated schools and fantastic cultural and leisure amenities.   

Andrews Estate Agents in Cheltenham is seeing steady supply and demand for homes in Cheltenham, despite uncertainty around the looming rise in interest rates. March Wilmot, Site Sales Manager at Andrews Estate Agents comments: “The population of Cheltenham has increased by an average of 0.24% over the last 10 years, and the property market always seems to be insulated from outside economic uncertainty. While the outside market has slowed, good supply and demand coupled with low interest rates have kept Cheltenham’s property market buoyant.”

“Buyers in Cheltenham are a mix of locals moving up the property ladder, and new arrivals moving to the area for work or the highly Ofsted rated schools. We are seeing the most demand for three-bedroom semi-detached or detached homes, reflecting the town’s buyer demographic. There is also demand for apartments in a central location for first time buyers, as well as downsizers looking to enjoy life in Cheltenham and some property investors too.”

Award-winning developer Crest Nicholson’s luxurious Cheltenham development, Regency Place offers one and two bedroom apartments and three bedroom townhouses in the heart of Cheltenham, just a stone’s throw from Cheltenham High Street.

Commenting on current property trends in Cheltenham, Sandra Dixon, Sales and Marketing Director at Crest Nicholson South West, said: “In response to the demand for both three-bedroom homes for families, as well as homes for first time buyers in a central location, we have tailored our Regency Place development to provide everything house hunters in Cheltenham could need.

“Residents of Regency Place enjoy a desirable lifestyle, making the most of all that Cheltenham has to offer, from festivals and beautiful parks to fantastic restaurants and shops, including the upcoming launch of a John Lewis store moments away from Regency Place.”

“Homes at Regency Place are available using the Help to Buy scheme, making them more affordable for first time buyers and second steppers alike. We also offer a VIP Part Exchange scheme that is perfect for a stress-free move, as we become a chain free cash buyer for your current home.” 

One bedroom apartments are available from £159,000 or just £127,200 and three bedroom townhouses are available from £415,000 or just £332,000 with Help to Buy. To find out more, visit www.crestnicholson.com/developments/regency-place/  or call 01242 504922.  

 

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