3 Bed House For Sale Spring Lane, Cheltenham, GL52

£325,000

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Last Updated: 8th May 2024

Description

Potential redevelopment, subject to planning. A detached period cottage in an elevated position on Cleeve Hill which is experiencing on-going structural movement, providing an exciting redevelopment opportunity to create a stunning home in a beautiful rural position within the Cotswold Area of Outstanding Natural Beauty on a 0.18 acre plot



\rAn individual detached Cotswold stone cottage which is currently being monitored for ongoing movement, requiring modernisation or demolition and replacement, in an elevated position within an established private plot which is approx 0.18 acres. The property is now vacant following a long period of residency, during which time underpinning has taken place but on-going movement is still being detected and monitored. No planning applications have been made for any form of re-development of the site and the property is being sold on an “unconditional” basis. The quiet rural location, yet within a 10-minute drive to the centre of Cheltenham, offers a wonderful opportunity to create your dream home in a delightful spot close to the top of Cleeve Hill. NB: There is an open insurance claim for structural movement which is transferrable to a new owner should they wish to continue monitoring rather than demolition. Woodbine Cottage is unmortgageable therefore cash buyers only. Freehold

Woodbine Cottage is located in a tranquil country lane, high up on Cleeve Hill yet within 4 miles of the beautiful market town of Winchcombe and 3.5 miles from the centre of Cheltenham. Cheltenham is a superb place for shopping with an abundance of main high street shops, specialist boutiques, cafés and restaurants. Education is very well catered for including The Cheltenham Ladies’ College, Cheltenham College, Pates Grammar School, St. Edward’s and Dean Close. There are excellent sporting facilities in and around Cheltenham including indoor and outdoor swimming facilities, numerous golf courses and tennis, squash, hockey and croquet clubs. Host to annual cultural festivals including music, literature and jazz, the town is equally famous for horse racing and the annual Gold Cup.
Agent Details
CJ Hole
1, Bath Street, Cheltenham, GL50 1YE
Show Contact Number
01242 255 101

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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