3 Bed Terraced House, Single Let, GL7 1DY, £279,950

169 North Home Road, Cirencester, GL7 1DY - 9 months ago

BTL
ROI: 2%
82 m²
+7 photos

ValuationUndervalued

Sold Prices£165K - £590K
Sold Prices/m²£2.3K/m² - £6.6K/m²

 

 

Square Metres

82 m²
Price/m²£3.4K/m²

Value Estimate

£292,461
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£69,988

Stamp Duty & Legal Fees

£16,695

Total Cash In

£86,683

 

 

Cash Out

 

Rent Range

£1,100 - £1,995

Rent Estimate

£1,298

Running Costs/mo

£1,154

Cashflow/mo

£144

Cashflow/yr

£1,723

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £165K to £590K, average is £322.5K. £2.3K/m² to £6.6K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£270K05/230.02 mi145, North Home Road, Cirencester, Gloucestershire GL7 1DY3
£285K09/210.05 mi25, Crabtree Lane, Cirencester, Gloucestershire GL7 1DW3
£260K10/210.05 mi29, Crabtree Lane, Cirencester, Gloucestershire GL7 1DW3
£245K04/210.05 mi198, North Home Road, Cirencester, Gloucestershire GL7 1HR3
£205K12/200.05 mi150, North Home Road, Cirencester, Gloucestershire GL7 1DX3
£285K03/230.05 mi124, North Home Road, Cirencester, Gloucestershire GL7 1DX3
£237K12/200.08 mi217, North Home Road, Cirencester, Gloucestershire GL7 1DZ3
£283K08/230.08 mi107, North Home Road, Cirencester, Gloucestershire GL7 1DU3
£270K04/210.13 mi87, Golden Farm Road, Cirencester, Gloucestershire GL7 1DF3
£317K03/210.13 mi41, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£295K02/210.14 mi49, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£295K12/200.14 mi91a, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£366K06/230.19 mi38, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DJ3
£330K11/220.19 mi7, North Home Road, Cirencester, Gloucestershire GL7 1DP3
£360K11/210.24 mi28, Middle Mead, Cirencester, Gloucestershire GL7 1GQ3
£165K07/230.24 mi8, Middle Mead, Cirencester, Gloucestershire GL7 1GQ3
£340K12/200.25 mi10, Shilham Way, Cirencester, Gloucestershire GL7 1JS3
£290K11/200.34 mi4, Golden Farm Road, Cirencester, Gloucestershire GL7 1BS3
£590K09/210.36 mi34, Partridge Way, Cirencester, Gloucestershire GL7 1BQ3
£327.5K03/230.36 mi45, Partridge Way, Cirencester, Gloucestershire GL7 1BH3
£270K03/210.37 mi2, Archery Road, Cirencester, Gloucestershire GL7 1AS3
£357.5K08/210.38 mi52, Pheasant Way, Cirencester, Gloucestershire GL7 1BL3
£402.5K08/230.38 mi16, Pheasant Way, Cirencester, Gloucestershire GL7 1BL3
£290K09/210.4 mi30, The Green, Cirencester, Gloucestershire GL7 1AU3
£320K06/210.4 mi7, The Green, Cirencester, Gloucestershire GL7 1AU3
£370K01/230.43 mi21, City Bank View, Cirencester, Gloucestershire GL7 1LQ3
£270.5K06/230.44 mi2, City Bank Road, Cirencester, Gloucestershire GL7 1LG3
£405K08/230.44 mi11, Prospect Place, Cirencester, Gloucestershire GL7 1EZ3
£315K02/210.45 mi88, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£325K01/210.45 mi108, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£305K06/230.46 mi18, Upper Churnside, Cirencester, Gloucestershire GL7 1AL3
£300K01/230.48 mi3, Queen Annes Road, Cirencester, Gloucestershire GL7 1AN3
£475K01/230.48 mi103, Victoria Road, Cirencester, Gloucestershire GL7 1HA3
£319.9K09/210.48 mi11, Whitelands Road, Cirencester, Gloucestershire GL7 1AJ3
£369K01/230.49 mi10, Upper Churnside, Cirencester, Gloucestershire GL7 1AL3
£365K06/210.5 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£380K12/200.51 mi69, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£365K06/210.51 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£399.5K07/230.52 miSt Margarets, Siddington Road, Cirencester, Gloucestershire GL7 1PA3
£370K11/200.52 mi56, London Road, Cirencester, Gloucestershire GL7 1AG3
£442K03/210.52 mi71, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£442K03/210.52 mi53, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£220K04/230.54 mi24, Siddington Road, Cirencester, Gloucestershire GL7 1NT3
£302.5K06/230.54 mi48, Arnolds Way, Cirencester, Gloucestershire GL7 1TA3
£340K06/210.56 mi16, Trotman Walk, Cirencester, Gloucestershire GL7 1RJ3
£330K10/210.56 mi11, Trotman Walk, Cirencester, Gloucestershire GL7 1RJ3
£349.9K06/230.56 mi12, Trotman Walk, Cirencester, Gloucestershire GL7 1RJ3
£490K05/230.56 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£285K03/210.56 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£360K11/200.58 mi56, Purley Road, Cirencester, Gloucestershire GL7 1EP3

Local Rents

13 rents from £1.1K/mo to £2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,10003/250.02 mi-3
£1,40004/240.07 mi-3
£1,40001/250.09 mi-3
£1,50004/240.13 mi-3
£1,30012/240.43 miCity Bank View, Cirencester, Gloucestershire, GL73
£1,99504/240.46 miCalleva Court, Queen Street3
£1,65012/240.47 miVictoria Road, CIRENCESTER3
£1,65004/240.5 miQueen Street, Cirencester3
£1,29504/240.58 miQueens Head Mews, Cirencester3
£1,65004/240.58 miWatermoor Road GL73
£1,65012/240.59 miClappen Close, Cirencester, Gloucestershire, GL73
£1,50012/240.61 miCherry Tree Drive, Cirencester, Gloucestershire, GL73
£1,50004/240.61 miMoss Way, Cirencester, Gloucestershire, GL73

Local Area Statistics

Population in GL7

42,518

Nearest school

0.20 miles away

Nearest train station

4.05 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £279,950

November 4, 2024

Price changed to £289,950

September 28, 2024

Listed for £300,000

August 1, 2024

Floor Plans

Description

A superb opportunity to purchase an improved three bedroom terrace family home located in a popular area on the edge of Cirencester town close to both primary and secondary schools all within level walking distance as well as a selection of sporting activities. The property has been improved in recent years benefiting from a modern kitchen, modern fitted bathroom, gas fired central heating system (not tested) and Upvc double glazed windows and doors throughout. Externally there is a secluded rear garden benefiting from a southerly facing orientation and gravelled off-road parking giving its occupants the space to park two vehicles on a daily basis. There is also an attached single garage. We would urge early viewing of this well presented three bedroom family home available with no chain through Cain & Fuller in Cirencester.

Cirencester - Cirencester is an historic Roman town which became an important centre for the wool trade in medieval times. Today it is a thriving market town. The property occupies a desirable situation. Shopping in Cirencester is highly regarded, off the main streets there are many interesting back lanes with specialist shops, particularly Black Jack Street. On the outskirts of the town are two supermarkets (Waitrose and Tesco) as well as a Hospital. A new Leisure Centre was opened in 2006 and one of the oldest open-air pools in the country is a short walk. A gate to the 2500 acre Cirencester Park, belonging to the Bathurst family and open during the day, is also a short walk off Cecily Hill. Many concerts are given in the Church and there are talented local choirs and amateur dramatic groups. Within about half an hour’s drive are the towns of Cheltenham, Gloucester and Swindon. Bath, Oxford and Stratford are about an hour by car, with superb cultural and recreational facilities. Private and State schools in the area are excellent, such as Beaudesert, Deer Park, Kingshill, Prior Park, Rendcomb and Hatherop Castle.

Kemble airfield has facilities for small aircraft and Aston Down is a gliding centre. Cirencester has had a golf course for over 100 years and others are at Minchinhampton, Burford and Naunton. Superb horse racing takes place at Cheltenham, as well as at meetings at Newbury and Bath. Sailing is available on the lakes between Cirencester and Swindon.

Amenities - North Home road is in a much sought-after location due to its proximity to the town centre which is within walking distance. Cirencester is deservedly known as the “Capital of the Cotswolds” and is extremely accessible, being at the intersection of the Fosse Way and Ermin Way. The latter provides virtual dual carriage access to both the M4 at Swindon and the M5 at Gloucester/Cheltenham. There is a fast and regular Great Western Train service from Kemble (about 3.5 miles) to London Paddington which takes approximately 75 minutes with stops at Swindon, Didcot and Reading.’

Outside - The house benefits from a secluded southerly facing garden fully enclosed creating a safe and secure space for small animals and young children. The garden is of a low maintenance format with a selection of decked and lawned areas and additional storage. To the other side of the house there is a gravelled parking area.

Garage - Attached Garage up and over door to front, personal door to side. The garage roof has an open section and needs repair.

Viewing - Through Cain & Fuller in Cirencester

Epc - To follow

Council Tax - Band B

Tenure - Freehold

Agents Note - These particulars, including any plan, are a general guide only and do not form any part of any offer or contract. All descriptions, including photographs, dimensions and other details are given in good faith but do not amount to a representation or warranty. They should not be relied upon as statements of fact and anyone interested must satisfy themselves as to their correctness by inspection or otherwise.

Any plan is for layout guidance only and is not drawn to scale. All dimensions, shapes and compass bearings are approximate and you should not rely upon them without checking them first.

Please discuss with us any aspects which are particularly important to you before travelling to view this property.

Please note that in line with Money Laundering Regulations potential purchasers will be required to provide proof of identification documents no later than where a purchaser’s offer is informally accepted by the seller.

Agent Details

Cain & Fuller Estate Agents, Cirencester

01285 704350

Next Steps?

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