2 Bed Flat, Single Let, GL7 1FU £210,000

West Way, Cirencester, Gloucestershire, GL7 1FU - a year ago
Sold STC
Leasehold
BTL
ROI: 1%
~60 m²
Property image

ValuationOvervalued

Sold Prices£115K - £470K
Sold Prices/m²£2K/m² - £4.7K/m²

 

 

Square Metres

~60.10 m²
Price/m²£3.5K/m²

Value Estimate

£187,813

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£680 - £2,800

Rent Estimate

£884

Running Costs/mo

£853

Cashflow/mo

£31

Cashflow/yr

£371

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £115K to £470K, average is £188K. £2K/m² to £4.7K/m², average is £3.3K/m².

Price
Date
Distance
Address
Beds
 
£185K06/210 miApartment 1, 1 New Akeman Court, West Way, Cirencester, Gloucestershire GL7 1FU2
£130K11/210.04 miFlat 8, St. Blaize Court, West Way, Cirencester, Gloucestershire GL7 1JA2
£212.8K06/230.04 miFlat 6, St Blaize Court, West Way, Cirencester, Gloucestershire GL7 1JA2
£148K08/230.04 miFlat 9, St. Blaize Court, West Way, Cirencester, Gloucestershire GL7 1JA2
£197.5K06/230.06 miFlat 25, Hoopers Court, West Way, Cirencester, Gloucestershire GL7 1GS2
£300K06/210.06 miFlat 7, Cotswold Mill, Lewis Lane, Cirencester, Gloucestershire GL7 1EL2
£287K10/210.06 miFlat 14, Cotswold Mill, Lewis Lane, Cirencester, Gloucestershire GL7 1EL2
£210K11/220.06 miFlat 21, Hoopers Court, West Way, Cirencester, Gloucestershire GL7 1GS2
£180K02/250.07 miHoopers Court, 1, West Way, Cirencester GL7 1GS2
£188K03/250.07 mi19, Hoopers Court, West Way, Cirencester GL7 1GS2
£188K03/250.07 mi19, Hoopers Court, West Way, Cirencester GL7 1GS2
£145K11/210.19 miFlat 1, Palestra Lodge, The Waterloo, Cirencester, Gloucestershire GL7 2PZ2
£250K08/240.22 miLondon Place 2-4, Flat 5, London Road, Cirencester GL7 1AB2
£228.5K05/230.22 miFlat 7, Oxford House, London Road, Cirencester, Gloucestershire GL7 2PU2
£270K09/240.22 miOxford House, Flat 5, London Road, Cirencester GL7 2PU2
£195K11/210.24 miFlat 2, Hill House, The Waterloo, Cirencester, Gloucestershire GL7 2QX2
£210K07/250.25 mi24, Abbey House, Gosditch Street, Cirencester GL7 2QU2
£225.2K08/210.25 miFlat 1, Oxford House, London Road, Cirencester, Gloucestershire GL7 2PU2
£420K11/240.27 miBath Gate Place, 31, Hammond Way, Cirencester GL7 1ZJ2
£300K07/230.33 mi1, Mullings Court, Cirencester, Gloucestershire GL7 2AW2
£136K05/210.43 mi62, Stepstairs Lane, Cirencester, Gloucestershire GL7 1LA2
£150K02/250.44 miGarland Court, Flat 6, Meadow Road, Cirencester GL7 1YB2
£150K02/250.44 miFlat 6, Garland Court, Meadow Road, Cirencester GL7 1YB2
£300K11/220.44 miApartment 22, Beecham Lodge, Somerford Road, Cirencester, Gloucestershire GL7 1WR2
£140K02/250.47 mi111, Barclay Court, Trafalgar Road, Cirencester GL7 2EN2
£122K10/240.47 miBarclay Court, 106, Trafalgar Road, Cirencester GL7 2EN2
£140K02/250.47 mi111, Barclay Court, Trafalgar Road, Cirencester GL7 2EN2
£178K07/230.5 mi9, Trafalgar Road, Cirencester, Gloucestershire GL7 2EJ2
£188K03/250.51 mi36, Priory Mews, Trafalgar Road, Cirencester GL7 2EL2
£188K03/250.51 mi36, Priory Mews, Trafalgar Road, Cirencester GL7 2EL2
£340K11/220.54 miFlat 11, Oakley Hall, Oaklands, Cirencester, Gloucestershire GL7 1FZ2
£200K01/250.54 miChesterton House, 28, Chesterton Lane, Cirencester GL7 1XQ2
£320K06/210.55 miFlat 1, Oakley Hall, Oaklands, Cirencester, Gloucestershire GL7 1FZ2
£470K12/220.55 mi15, Mill Place, Cirencester, Gloucestershire GL7 2BG2
£265K03/250.56 mi4, Chapel Courtyard, Highfield Lane, Cirencester GL7 1FY2
£265K03/250.56 mi4, Chapel Courtyard, Highfield Lane, Cirencester GL7 1FY2
£280K12/220.59 miFlat 3, Beresford House, Shepherds Way, Cirencester, Gloucestershire GL7 2EX2
£178K11/210.6 miFlat 1, Beresford House, Shepherds Way, Cirencester, Gloucestershire GL7 2EX2
£250K01/230.6 miFlat 7, Beresford House, Shepherds Way, Cirencester, Gloucestershire GL7 2EX2
£135K07/210.61 mi8, Acanthus Court, Cirencester, Gloucestershire GL7 1PW2
£177K11/220.61 mi12, Acanthus Court, Cirencester, Gloucestershire GL7 1PW2
£200K08/220.61 mi18, Acanthus Court, Cirencester, Gloucestershire GL7 1PW2
£181.5K11/240.62 miAcanthus Court, 12, Siddington Road, Cirencester GL7 1PW2
£133K06/230.65 mi28, Melmore Gardens, Cirencester, Gloucestershire GL7 1NR2
£132.5K02/250.65 mi50, Melmore Gardens, Cirencester GL7 1NS2
£132.5K02/250.65 mi50, Melmore Gardens, Cirencester GL7 1NS2
£160K06/230.66 mi44, Melmore Gardens, Cirencester, Gloucestershire GL7 1NS2
£167.5K06/230.66 mi45, Melmore Gardens, Cirencester, Gloucestershire GL7 1NS2
£115K09/210.66 mi54, Melmore Gardens, Cirencester, Gloucestershire GL7 1NS2
£230K02/250.67 miLongwood House, Flat 5, Love Lane, Cirencester GL7 1YG2

Local Rents

50 rents from £680/mo to £2.8K/mo, average is £1.1K/mo.

Rent
Date
Distance
Address
Beds
 
£1,17507/250 miWest Way, Cirencester, Gloucestershire, GL72
£90007/250.02 miCricklade Street, Cirencester2
£2,80004/240.03 mi-2
£82507/250.03 miCricklade Street, Cirencester2
£1,29510/250.03 miLewis Lane, Cirencester, Gloucestershire, GL72
£1,07511/250.03 miCricklade Street, Cirencester, Gloucestershire, GL72
£1,20009/250.04 miCotswold Mill, Lewis Lane, Cirencester, GL72
£77508/250.04 miCricklade Street2
£68007/250.04 miCricklade Street2
£1,20011/250.04 miWest Way, Cirencester, Gloucestershire, GL72
£77507/250.05 miF3 , Hoopers Court, West Way, Cirencester2
£1,25004/240.05 miLewis Lane, CIRENCESTER2
£85007/250.06 miHoopers Court, CIRENCESTER2
£85007/250.06 miHoopers Court, CIRENCESTER2
£1,00004/250.06 mi-2
£1,12509/250.07 miWest Way, Cirencester, Gloucestershire, GL72
£1,07511/250.07 miWest Way, Cirencester, Gloucestershire, GL72
£1,05005/250.08 miWest Way, Cirencester, Gloucestershire, GL72
£1,02505/250.11 miAshcroft Road, Cirencester, Gloucestershire, GL72
£1,03508/250.11 miCricklade Street, Cirencester, GL72
£97510/250.11 miCricklade Street, Cirencester, GL72
£1,20008/250.12 miDyer Street, Cirencester2
£1,35006/250.13 mi-2
£92507/250.13 miWest Way, Cirencester2
£1,40006/250.13 miBrookmoor House2
£1,40008/250.13 miCentral Cirencester2
£77507/250.13 miDyer Street, Cirencester2
£1,25006/250.13 miDyer Street, Cirencester2
£1,10011/250.13 miThe Avenue, Cirencester, GL72
£70007/250.13 miCricklade Street2
£1,25010/250.13 miDyer Street, Cirencester2
£97507/250.13 miDyer Street, Cirencester, Gloucestershire, GL72
£95010/250.13 miDyer Street, Cirencester, Gloucestershire, GL72
£85007/250.13 miAshcroft Road, Cirencester2
£1,15012/240.14 miQuerns Lane, Cirencester2
£85007/250.14 miQuerns Lane, Cirencester2
£95008/250.14 miAshcroft Road - Cirencester - GL72
£99508/250.14 miChester Street, CIRENCESTER2
£1,25011/250.14 miAshcroft Road, Cirencester, GL72
£1,27508/250.14 miLewis Lane, Cirencester, Gloucestershire, GL72
£1,20007/250.15 miLewis Lane, Cirencester, Gloucestershire, GL72
£1,59509/250.16 miMarket Place, Cirencester2
£1,50010/250.16 miChester Street, Cirencester2
£1,19512/240.16 miChester Street, Cirencester2
£1,11008/250.16 miChester Street, Cirencester, Gloucestershire, GL72
£1,08511/250.17 miLondon Place, 2-4 London Road, Cirencester, GL72
£1,25007/240.2 miCastle Street, Cirencester2
£1,30010/250.21 miSheep Street, Cirencester2
£89507/250.22 miSheep Street, Cirencester2
£1,40010/250.22 mi-2

Local Area Statistics

Population in GL7

42,517

Nearest school

0.20 miles away

Nearest train station

3.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £210,000

September 13, 2024

Floor Plans

Property image

Description

  • Top floor apartment +
  • Heart of town location +
  • Two bedrooms +
  • Modern kitchen +
  • Sitting and dining room +
  • Allocated parking for one car +

A delightful top floor two bedroom apartment nestling in a tucked away position in the heart of Cirencester town, well placed to all of its amenities and facilities.

This attractive property has the added benefit of off-road parking.

It briefly comprises of a welcoming communal entrance hall where there are stairs leading to the top floor and a personal door leading into the apartment.

There is a welcoming entrance hall where there are two storage cupboards and a door into the sitting room. The kitchen has a range of wall and base units with working surfaces over and integral appliances.

There are two well-proportioned bedrooms, with the principal bedroom having built-in wardrobes. The bathroom has a white suite with a separate shower over the bath.

Outside, there is an allocated parking space for one vehicle.

The market town of Cirencester 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.

Cirencester benefits from high street stores, independent specialist retailers, and a weekly market. There are also several delightful bistros, cafes, wine bars and public houses to suit all tastes. Cirencester boasts a community hospital, leisure centre, arts and craft centre, award winning museum, a theatre and a lovely outdoor swimming pool. Nearby there is golf, tennis, riding, football, rugby and cricket, and within the town a bowls club.

There are excellent primary and secondary state schools and a sixth form college campus. There are also good independent schools in the surrounding areas. The Royal Agricultural University is located just outside of the town and the area has numerous open green areas to visit for picnics and walks.

Agent Details

Perry Bishop, Cirencester

01285 704455

Next Steps?

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