3 Bed Terraced House, Single Let, GL7 1NH, £250,000

3 Bridge Close, Cirencester, GL7 1NH - 7 months ago

BTL
ROI: 4%
87 m²
+11 photos

ValuationUndervalued

Sold Prices£165K - £700K
Sold Prices/m²£2.7K/m² - £10.6K/m²

 

 

Square Metres

87 m²
Price/m²£2.9K/m²

Value Estimate

£312,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£1,100 - £2,100

Rent Estimate

£1,296

Running Costs/mo

£1,060

Cashflow/mo

£236

Cashflow/yr

£2,827

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £165K to £700K, average is £360K. £2.7K/m² to £10.6K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£220K04/230.03 mi24, Siddington Road, Cirencester, Gloucestershire GL7 1NT3
£399.5K07/230.14 miSt Margarets, Siddington Road, Cirencester, Gloucestershire GL7 1PA3
£315K02/210.16 mi88, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£325K01/210.16 mi108, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£270.5K06/230.19 mi2, City Bank Road, Cirencester, Gloucestershire GL7 1LG3
£370K01/230.22 mi21, City Bank View, Cirencester, Gloucestershire GL7 1LQ3
£277.5K11/200.24 mi5, North Hill Road, Cirencester, Gloucestershire GL7 1PG3
£370K03/230.24 mi38, North Hill Road, Cirencester, Gloucestershire GL7 1PG3
£475K01/230.3 mi103, Victoria Road, Cirencester, Gloucestershire GL7 1HA3
£405K08/230.3 mi11, Prospect Place, Cirencester, Gloucestershire GL7 1EZ3
£305K07/230.3 mi19, Sperringate, Cirencester, Gloucestershire GL7 1NA3
£360K11/210.33 mi28, Middle Mead, Cirencester, Gloucestershire GL7 1GQ3
£165K07/230.33 mi8, Middle Mead, Cirencester, Gloucestershire GL7 1GQ3
£700K02/210.35 miHighfield Cottage, Somerford Road, Cirencester, Gloucestershire GL7 1TS3
£330K11/220.38 mi7, North Home Road, Cirencester, Gloucestershire GL7 1DP3
£340K12/200.39 mi10, Shilham Way, Cirencester, Gloucestershire GL7 1JS3
£442K03/210.45 mi71, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£442K03/210.45 mi53, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£447.5K06/230.46 mi2, Chesterton Grove, Cirencester, Gloucestershire GL7 1XN3
£310K07/230.48 mi22, Lavender Lane, Cirencester, Gloucestershire GL7 1PP3
£295K02/210.49 mi49, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£295K12/200.49 mi91a, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£366K06/230.5 mi38, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DJ3
£283K08/230.5 mi107, North Home Road, Cirencester, Gloucestershire GL7 1DU3
£395K12/200.5 mi21, Alexander Drive, Cirencester, Gloucestershire GL7 1UG3
£317K03/210.51 mi41, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£324.4K08/210.51 mi8, Garden Close, Cirencester, Gloucestershire GL7 1UW3
£285K09/210.52 mi25, Crabtree Lane, Cirencester, Gloucestershire GL7 1DW3
£260K10/210.52 mi29, Crabtree Lane, Cirencester, Gloucestershire GL7 1DW3
£365K06/210.53 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£550K03/210.53 mi40, Somerford Road, Cirencester, Gloucestershire GL7 1TW3
£285K12/200.54 mi88, Cranhams Lane, Cirencester, Gloucestershire GL7 1UA3
£270K05/230.54 mi145, North Home Road, Cirencester, Gloucestershire GL7 1DY3
£450K12/200.54 mi15, Somerford Road, Cirencester, Gloucestershire GL7 1TP3
£363K06/230.54 mi8, Somerford Road, Cirencester, Gloucestershire GL7 1TN3
£380K12/200.54 mi69, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£365K06/210.54 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£205K12/200.55 mi150, North Home Road, Cirencester, Gloucestershire GL7 1DX3
£285K03/230.55 mi124, North Home Road, Cirencester, Gloucestershire GL7 1DX3
£440K04/210.55 mi37a, Mount Street, Cirencester, Gloucestershire GL7 1TJ3
£465K05/210.56 mi12, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£490K05/230.56 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£285K03/210.56 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£360K05/210.57 mi68, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£370K12/220.57 mi169, Alexander Drive, Cirencester, Gloucestershire GL7 1UQ3
£290K11/200.57 mi4, Golden Farm Road, Cirencester, Gloucestershire GL7 1BS3
£290K02/210.57 mi12, Martin Close, Cirencester, Gloucestershire GL7 1XY3
£590K09/230.57 mi28, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£575K01/230.57 mi22, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£590K11/220.57 mi18, Tower Street, Cirencester, Gloucestershire GL7 1EF3

Local Rents

14 rents from £1.1K/mo to £2.1K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.24 miCity Bank View, Cirencester, Gloucestershire, GL73
£1,65004/240.25 miQueen Street, Cirencester3
£1,99504/240.25 miCalleva Court, Queen Street3
£1,65012/240.28 miVictoria Road, CIRENCESTER3
£1,29504/240.3 miQueens Head Mews, Cirencester3
£1,65004/240.3 miWatermoor Road GL73
£1,50012/240.33 miCherry Tree Drive, Cirencester, Gloucestershire, GL73
£1,40004/240.51 mi-3
£1,40001/250.52 mi-3
£1,95004/250.52 mi-3
£2,10004/250.52 mi-3
£1,10003/250.57 mi-3
£1,30004/250.6 mi-3
£1,50004/240.6 mi-3

Local Area Statistics

Population in GL7

42,518

Nearest school

0.40 miles away

Nearest train station

3.49 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £250,000

December 6, 2024

Listed for £275,000

October 5, 2024

Floor Plans

Description

  • 3 bedrooms +
  • gas central heating +
  • double glazing +
  • enclosed garden +

3 bedroom house close to local amenities & backing on to Green space. 23 ft kitchen diner, 3 bedrooms, large bathroom with separate shower, gas central heating and double glazing.
Enclosed rear garden with out building.

The accommodation comprises,

Front porch leading to entrance Hall,
Stairs to the first floor, door to lounge and door to the kitchen/diner.

Sitting Room
Rear aspect double glazed French windows opening on to the rear garden.

Kitchen/diner
Front & rear aspect double glazed window. A comprehensive range of base and wall units, built in oven and hob with extractor over, breakfast bar and door to rear garden.

1st Floor landing

Master Bedroom
Front aspect double glazed window. Built in wardrobe with a hanging rail and shelving.

Bedroom Two
Front aspect double glazed window. Storage cupboard.

Bedroom Three
Rear aspect double glazed window.

Bathroom
Rear aspect double glazed window. A modern white fitted suite including WC, wash basin with vanity cupboard bath and separate shower cubical.

Outside
Property to front:-
Path to front door, reinforced lawn.

Property to rear:-
Enclosed garden with lawn and gravelled area, gated access to the green, outbuilding providing storage with covered access to the backdoor that leads to the kitchen. The garden is mainly laid to lawn with plants, and shrubs and a particularly attractive climbing passion flower.

Council Tax B £1778.87 per annum

Agent Details

CJ Hole, Cirencester

01285 704382

Next Steps?

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