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The Appeal of Buying Property in Cheltenham1st March 2013
Cheltenham is a superb location and there are many reasons to buy a property in the towns residential areas, whether it’s for your own living requirements, or as an investment. In 2006 the Independent’s property valuation website rated Cheltenham as the most desirable property location in Britain. So it’s no surprise that in 2012, the Guardian found that 41 multi-millionaires live in Cheltenham, which is the fourth-highest rate in the UK of multi-millionaires per 100,000 people.
Located on the edge of the Cotswolds, Cheltenham is (according to the AA Illustrated Guide to Britain) the most complete regency town in England. It is famous for the Annual Cheltenham Gold Cup, which is the flagship of British steeplechase racing and hosts several renowned culture festivals including the Cheltenham Literature Festival, Cheltenham Jazz Festival, Cheltenham Science Festival and Cheltenham Music Festival. The festivals attract people with national and international reputations in each field.
The famous Spa town offers a wide and varies lifestyle with its variety of bars, café culture and restaurants. The town centre is mostly pedestrianised and has a one of the best selection of independent and designer shops in the area. Centres include the Regent Arcade and Beechwood Shopping Centre and the Cavendish House department store is known for miles around.
Cheltenham Spa railway station is located on the main West Coast line between Bristol and Birmingham. The M5 runs past Cheltenham and offers excellent access to the South West and Midlands. Several A roads cross through the town leading to Oxford, London and Swindon.
Cheltenham has an excellent Employment base. The Government Communications Headquarters (GCHQ) is the largest employer in the town and one of the largest in Gloucestershire. Other company headquarters in Cheltenham include Vertaz Data Science, GE-Aviation, Chelsea Building Society, Endsleigh Insurance, Nelson Thornes, Universities & Colleges Admission Service, Kohler Mira, Zurich Financial Services, Sozo and Prirax-Sarco.
There are many residential districts in the town, each with their own character. They include Arle, Benhall, Charlton Kings, Fiddlers Green, Leckhampton, Montpellier, Oakley, Pittville, Pretbury, The Reddings, Rowanfield, St marks, Springbank, Swindon Village, Tivoli, Up Hatherley, Whaddon and Wyman’s Brook. There are several new developments of New Homes being built in around the Town.
This article was written by Richard Tuck, founder of Turtle Homes who are the best value online estate agent in the UK, with over 5 years experience of selling property online. For more information about buying or selling property in Cheltenham and the UK, please contact our Cheltenham estate agents (online) branch on 01242 530030.