Cheltenham Apartment at £120,000 — A Data-First Look
An apartment on Greenway Lane, Charlton Kings, Cheltenham is listed at £120,000. The listing carries two signals: the asking price has been reduced since the property first came to market, and it is now being offered at auction. Bedroom count, tenure, and rental yield are not included in the available listing data. The £120,000 figure is the advertised guide price; the final sale price will be determined by bidding on auction day, not the number shown in the listing.
What the listing shows
The property is an apartment on Greenway Lane in the Charlton Kings area of Cheltenham. The guide price is £120,000. Two signals accompany the listing: a price reduction has occurred since the property first appeared on the market, and it is now proceeding via auction rather than private treaty. No bedroom count is stated. Tenure — which for an apartment determines whether the buyer would own the property outright or hold it under the terms of a lease — is not disclosed in the available data.
Properties carrying both a reduced signal and an auction route have generally been on the open market for a period without achieving a sale at an earlier asking price. The original figure and the size of any reduction are not available in the listing data.
The numbers at a glance
| Metric | Detail |
|---|---|
| Guide price | £120,000 |
| Property type | Apartment |
| Bedrooms | Not disclosed |
| Tenure | Not disclosed |
| Gross yield | Not available — no rental figure provided |
| Listing signals | Reduced; Auction |
How this area compares
Charlton Kings is a residential suburb of Cheltenham. No comparative sold price or rental data for Greenway Lane or the surrounding postcode is included in the listing information provided. Buyers looking to place the £120,000 guide price in context against recent apartment transactions nearby would need to consult published sold price records and request local comparables independently before the auction date.
Without bedroom count or floor area data, a cost-per-square-foot or cost-per-bedroom comparison against the local market cannot be drawn from the available listing alone.
What to check before viewing
Auction purchases typically require a deposit on the day of the sale and full completion within 28 days, so any mortgage or financing must be arranged before bidding begins. The legal pack — which auctioneers normally publish ahead of the sale date — should contain the title register, any existing lease, service charge accounts, and ground rent terms. For an apartment with undisclosed tenure, these documents are the primary source of information on the property's ongoing cost structure and its suitability for mortgage lending.
The reserve price is set separately from the advertised guide and is not disclosed publicly. Bidders should not assume the property will sell at the guide figure. An independent survey commissioned before the auction date is the only way to identify structural or condition issues that fall outside the scope of the legal pack.
Confirm the auction date and house, and whether the sale is conditional or unconditional, as the two formats carry different completion timelines and financing requirements.
This apartment on Greenway Lane carries a £120,000 guide price alongside reduced and auction signals. With bedroom count, tenure, and rental data absent from the listing, the legal pack and independent research into local sold comparables are the two necessary steps before any bidding decision can be properly informed.
See the actual listing
Direct link to the current property listing. Check the live listing for up-to-date price and availability before viewing.
