3 Bed Semi-Detached House, Single Let, GL7 1YA, £300,000

Meadow Road, Cirencester, Gloucestershire, GL7 1YA - a year ago

Sold STC
BTL
ROI: 1%
~81 m²
+11 photos

ValuationUndervalued

Sold Prices£220K - £750K
Sold Prices/m²£2.9K/m² - £10.6K/m²

 

 

Square Metres

~80.73 m²
Price/m²£3.7K/m²

Value Estimate

£338,152
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,295 - £2,100

Rent Estimate

£1,299

Running Costs/mo

£1,217

Cashflow/mo

£82

Cashflow/yr

£980

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £220K to £750K, average is £370K. £2.9K/m² to £10.6K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£305K07/230.1 mi19, Sperringate, Cirencester, Gloucestershire GL7 1NA3
£310K07/230.15 mi22, Lavender Lane, Cirencester, Gloucestershire GL7 1PP3
£700K02/210.16 miHighfield Cottage, Somerford Road, Cirencester, Gloucestershire GL7 1TS3
£447.5K06/230.16 mi2, Chesterton Grove, Cirencester, Gloucestershire GL7 1XN3
£324.4K08/210.17 mi8, Garden Close, Cirencester, Gloucestershire GL7 1UW3
£550K03/210.18 mi40, Somerford Road, Cirencester, Gloucestershire GL7 1TW3
£450K12/200.2 mi15, Somerford Road, Cirencester, Gloucestershire GL7 1TP3
£363K06/230.2 mi8, Somerford Road, Cirencester, Gloucestershire GL7 1TN3
£440K04/210.21 mi37a, Mount Street, Cirencester, Gloucestershire GL7 1TJ3
£290K02/210.23 mi12, Martin Close, Cirencester, Gloucestershire GL7 1XY3
£475K01/230.3 mi103, Victoria Road, Cirencester, Gloucestershire GL7 1HA3
£358.5K05/210.3 mi56, Cotswold Avenue, Cirencester, Gloucestershire GL7 1XW3
£400K09/230.3 mi58, Cotswold Avenue, Cirencester, Gloucestershire GL7 1XW3
£265K12/200.31 mi17, Apsley Road, Cirencester, Gloucestershire GL7 1SR3
£540K12/200.32 mi23, Querns Lane, Cirencester, Gloucestershire GL7 1RL3
£285K12/200.32 mi88, Cranhams Lane, Cirencester, Gloucestershire GL7 1UA3
£405K08/230.33 mi11, Prospect Place, Cirencester, Gloucestershire GL7 1EZ3
£270.5K06/230.34 mi2, City Bank Road, Cirencester, Gloucestershire GL7 1LG3
£370K01/230.34 mi21, City Bank View, Cirencester, Gloucestershire GL7 1LQ3
£315K02/210.34 mi88, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£325K01/210.34 mi108, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£350K11/200.34 mi14, Cotswold Close, Cirencester, Gloucestershire GL7 1XR3
£395K12/200.35 mi21, Alexander Drive, Cirencester, Gloucestershire GL7 1UG3
£465K05/210.35 mi12, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£442K03/210.36 mi71, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£442K03/210.36 mi53, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£590K11/220.37 mi18, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£265K03/210.38 mi31, Ashcroft Gardens, Cirencester, Gloucestershire GL7 1RD3
£220K04/230.38 mi24, Siddington Road, Cirencester, Gloucestershire GL7 1NT3
£235K02/210.38 mi8, Woodlands Road, Cirencester, Gloucestershire GL7 1SP3
£590K09/230.4 mi28, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£575K01/230.4 mi22, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£445K01/230.41 mi97, Alexander Drive, Cirencester, Gloucestershire GL7 1UQ3
£325K11/200.41 mi6, Ashcroft Gardens, Cirencester, Gloucestershire GL7 1RB3
£360K05/210.41 mi68, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£325K04/210.43 mi17, Ashcroft Road, Cirencester, Gloucestershire GL7 1RA3
£440K08/210.45 mi223, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£445.6K08/230.45 mi68, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£330K06/210.45 mi177, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£490K05/230.45 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£285K03/210.45 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£365K06/210.46 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£370K12/220.46 mi169, Alexander Drive, Cirencester, Gloucestershire GL7 1UQ3
£380K12/200.47 mi69, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£365K06/210.47 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£750K05/230.48 mi9, Victoria Road, Cirencester, Gloucestershire GL7 1EN3
£399.5K07/230.49 miSt Margarets, Siddington Road, Cirencester, Gloucestershire GL7 1PA3
£350K11/220.5 mi42, Woodhouse Close, Cirencester, Gloucestershire GL7 1YH3
£370K02/230.5 mi44, Purley Road, Cirencester, Gloucestershire GL7 1EP3
£360K11/200.5 mi56, Purley Road, Cirencester, Gloucestershire GL7 1EP3

Local Rents

10 rents from £1.3K/mo to £2.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,29504/240.19 miQueens Head Mews, Cirencester3
£1,65004/240.19 miWatermoor Road GL73
£1,65004/240.26 miQueen Street, Cirencester3
£1,30004/250.26 mi-3
£1,65012/240.3 miVictoria Road, CIRENCESTER3
£1,99504/240.3 miCalleva Court, Queen Street3
£1,95004/250.32 mi-3
£2,10004/250.32 mi-3
£1,30012/240.34 miCity Bank View, Cirencester, Gloucestershire, GL73
£1,29504/240.58 miKemble Drive, Cirencester3

Local Area Statistics

Population in GL7

42,518

Nearest school

0.20 miles away

Nearest train station

3.34 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £300,000

June 4, 2024

Floor Plans

Description

  • Lovely period family home +
  • Three bedrooms +
  • Two reception rooms +
  • Generous rear garden +
  • Cul-de-sac position +
  • Edge of town location +

A simply lovely semi-detached three-bedroom property which oozes character and charm. Located in a tucked away side street a 10 minute walk from the town centre.
This property has lots to offer potential purchasers with three good size bedrooms and a beautiful rear garden. We would urge early viewing to avoid disappointment.

The property briefly comprises of:--

Entrance into the porch which provides space for coats, shoes and more with a fully tiled floor.

Glazed door into inner hallway which has a lovely original wooden floor throughout with stairs rising to the first floor and doors to all rooms. There is an understairs cupboard which provides useful storage space.

The front reception room is a good size with beige carpet throughout and large window overlooking the front aspect. There is a chimney breast within this room so the open fireplace potentially could be re-instated to provide an open fire or a log burning stove.

The kitchen is a good size with a continuation of the wooden flooring from the hallway which makes the rooms run seamlessly. The kitchen is fitted with a range of wall and base units in a sage colour with wooden worktops, white ceramic sink with monobloc tap, space for fridge/freezer, an integrated double oven, gas hob with 4 rings, useful larder cupboard and corner carousel cupboard.

Leading into the dining area with the continuation of the wooden flooring, with a patio door that leads onto the garden area. A lovely bright space with potential to re-instate the open fireplace.

The rear hallway has original red quarry tiles to the floor with a stable door leading to the garden, and further door leading to the stunning family bathroom.

The family bathroom is a great size with white suite comprising of bath with shower over, WC and basin on pedestal, fitted with contemporary vinyl flooring and with plumbing for washing machine. This room has dual aspect windows making it a light and bright inviting space.

To the first floor there are three good size bedrooms with beige fitted carpets throughout.

The first bedroom to the rear aspect is a good size single room with window overlooking the rear garden.

Bedroom two, to the rear aspect is a double room with built in storage.

The principal bedroom to the front aspect is a good size double and has a beautiful bay window and ample space for wardrobes to either side of the chimney breast. A beautiful relaxing room. The added bonus to this bedroom is the en-suite cloakroom, which is fitted with a white WC and basin, a great bonus to any bedroom.

There is a good size loft space with this property which could give you the potential to convert with appropriate planning consents.

The rear garden is approximately 55ft/18 meters, has a sunny aspect and is very well established with a patio area directly adjacent to the property providing plenty of space for a table and chairs to enjoy al-fresco dining in the summer months. There is a side access gate. The garden is set out with various seating areas which are perfect places to enjoy a coffee in the sunshine, with copious amounts of established plants and rose bushes this really is a very pretty garden which will come into bloom in the summer months. To the end of the garden there are raised beds, perfect for growing your own produce.

To the front of the property there is a low maintenance paved area with mature shrubs and pathway leading to the rear garden.

This particular property comes with an allocated parking space.

Warmed throughout by gas central heating.

This property really is a little gem and we feel that it will not be on the market for long so early viewing would be recommended.

The market town of Cirencester dates back to Roman times and is often referred to as the 'Capital of the Cotswolds'. It is ideally located with the M4, M5 and M40/A40, the mainline train station at Kemble and excellent bus and coach links all within easy reach.
A most beautifully presented and updated two-bedroom top floor apartment sitting on the outskirts of town and close to all of Cirencester’s amenities and facilities.
This lovely apartment has been greatly improved and offers a wonderful contemporary lifestyle way of living.
The light and airy accommodation briefly comprises: Communal hallway and stairs to the second floor. Personal door into apartment where there is an entrance hall which leads into the sitting room. This flows into the fitted kitchen where there is a range of units with working surfaces over. There are two bedrooms and an updated shower room with walk in shower, wash hand basin and wc.
Outside there is a residence car park.

Cirencester benefits from high street stores, independent specialist retailers, a weekly market and there are a number of delightful bistros, cafes, wine bars and public houses to suit all tastes.

There are excellent primary and secondary state schools and a sixth form college campus. There are also good independent schools in the surrounding areas.

Cirencester also boasts a cottage hospital, a leisure centre and a lovely outdoor swimming pool, open from May to September. Other sports are fully catered for including golf, tennis, riding, football, rugby and cricket.

Agent Details

Perry Bishop, Cirencester

01285 704455

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪