3 Bed Detached House, Refurb/BRRR, GL7 6DN, £1,300,000

Somerford Keynes, Cirencester, Gloucestershire, GL7 6DN - 1 views - 6 months ago

Refurb/BRRR
~344 m²
+25 photos

ValuationFair Value

Sold Prices£167.5K - £660K
Sold Prices/m²£2.4K/m² - £9.9K/m²

 

 

Square Metres

~344.36 m²
Price/m²£3.8K/m²

Value Estimate

£1,300,000

 

 

End Value (After Refurb)

£1,528,701

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£325,000

Stamp Duty & Legal Fees

£139,950

Refurb Costs

£139,601

Bridging Loan Interest

£34,125

Total Cash In

£640,426

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,528,701

Mortgage (After Refinance)

£1,146,526

Mortgage LTV

75%

Cash Released

£171,526

Cash Left In

£468,901

Equity

£382,175

Rent Range

£600 - £5,400

Rent Estimate

£1,834

Running Costs/mo

£5,164

Cashflow/mo

£-3,330

Cashflow/yr

£-39,960

Gross Yield

2%

Local Sold Prices

43 sold prices from £167.5K to £660K, average is £389.9K. £2.4K/m² to £9.9K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£380K09/211.6 miHome View, North End, Ashton Keynes, Swindon, Wiltshire SN6 6QR3
£538K12/221.92 mi30, Richmond Court, Ashton Keynes, Swindon, Wiltshire SN6 6PP3
£293.5K03/211.94 mi17, Jubilee Gardens, South Cerney, Cirencester, Gloucestershire GL7 5XW3
£624K03/231.95 mi11, Back Street, Ashton Keynes, Swindon, Wiltshire SN6 6PD3
£300K01/211.95 mi3, The Paddock, South Cerney, Cirencester, Gloucestershire GL7 5XB3
£272K10/211.96 mi38, Riverway, South Cerney, Cirencester, Gloucestershire GL7 6HZ3
£375K08/231.96 mi12, Riverway, South Cerney, Cirencester, Gloucestershire GL7 6HZ3
£400K07/231.96 mi13, Riverway, South Cerney, Cirencester, Gloucestershire GL7 6HZ3
£393K11/221.96 miCharlswood, High Street, South Cerney, Cirencester, Gloucestershire GL7 5UP3
£432K12/221.99 mi5, Broadway Lane, South Cerney, Cirencester, Gloucestershire GL7 5UH3
£350K10/212 mi29, Meadow Way, South Cerney, Cirencester, Gloucestershire GL7 6HY3
£389.9K12/222 mi30, High Road, Ashton Keynes, Swindon, Wiltshire SN6 6NX3
£350K12/202 mi31, High Road, Ashton Keynes, Swindon, Wiltshire SN6 6NX3
£430K11/202.02 miThe Willows, Broadway Lane, South Cerney, Cirencester, Gloucestershire GL7 5UH3
£419.9K02/212.09 mi18, Eastfield, Ashton Keynes, Swindon, Wiltshire SN6 6PR3
£620K07/232.09 miOld Paddock, Ham Lane, South Cerney, Cirencester, Gloucestershire GL7 5UF3
£430K04/212.1 mi4, Thames View, Ashton Keynes, Swindon, Wiltshire SN6 6NU3
£430K07/232.1 mi8, Churn Close, South Cerney, Cirencester, Gloucestershire GL7 6HX3
£650K06/212.13 miCornerstones Cottage, School Lane, South Cerney, Cirencester, Gloucestershire GL7 5TX3
£277.5K12/212.15 mi17, Harris Road, Ashton Keynes, Swindon, Wiltshire SN6 6PQ3
£490K02/232.2 mi20, Teal Way, South Cerney, Cirencester, Gloucestershire GL7 5WL3
£345K10/202.2 mi7, Happy Land, Ashton Keynes, Swindon, Wiltshire SN6 6PN3
£285K12/202.21 mi14, Ashfield, Ashton Keynes, Swindon, Wiltshire SN6 6SD3
£315K05/232.22 mi13, The Oaks, Kemble, Cirencester, Gloucestershire GL7 6BH3
£420K12/202.25 mi15, West Hay Grove, Kemble, Cirencester, Gloucestershire GL7 6BE3
£445K03/212.28 mi38, West Hay Grove, Kemble, Cirencester, Gloucestershire GL7 6BE3
£167.5K07/232.29 mi22, Clayfurlong Grove, Kemble, Cirencester, Gloucestershire GL7 6AP3
£400K10/202.31 mi190, Windmill Road, Kemble, Cirencester, Gloucestershire GL7 6AL3
£265K12/202.33 mi15, Windmill Road, Kemble, Cirencester, Gloucestershire GL7 6AL3
£418K01/212.33 mi182, Windmill Road, Kemble, Cirencester, Gloucestershire GL7 6AL3
£297.5K10/202.34 mi41, Bendy Bow, Oaksey, Malmesbury, Wiltshire SN16 9TN3
£660K11/222.37 miMoorcroft, Ashton Road, Minety, Malmesbury, Wiltshire SN16 9QP3
£480K03/232.41 mi10, The Lennards, South Cerney, Cirencester, Gloucestershire GL7 5UX3
£320K06/232.41 mi28, The Lennards, South Cerney, Cirencester, Gloucestershire GL7 5UX3
£299.9K03/212.41 mi45, The Lennards, South Cerney, Cirencester, Gloucestershire GL7 5UX3
£385K03/212.42 mi21, The Lennards, South Cerney, Cirencester, Gloucestershire GL7 5UX3
£530K08/212.49 mi2, Kingfisher Place, South Cerney, Cirencester, Gloucestershire GL7 5TG3
£363K11/202.49 mi5, Kingfisher Place, South Cerney, Cirencester, Gloucestershire GL7 5TG3
£620K06/212.55 miBrookside, Robert Franklin Way, South Cerney, Cirencester, Gloucestershire GL7 5UD3
£362K06/232.55 mi16, Robert Franklin Way, South Cerney, Cirencester, Gloucestershire GL7 5UD3
£278K08/232.75 mi1, Bowly Crescent, Siddington, Cirencester, Gloucestershire GL7 6HS3
£385.2K01/212.88 mi11, Sawyers Rise, Minety, Malmesbury, Wiltshire SN16 9QN3
£575K01/232.93 miRose Cottage, Sawyers Hill, Minety, Malmesbury, Wiltshire SN16 9QL3

Local Rents

26 rents from £600/mo to £5.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,47504/240.27 miArlingdon Fields, Somerford Keynes2
£1,39512/240.6 miEwen, Gloucestershire2
£5,40003/240.69 mi-4
£2,00009/241.59 miOld Dairy4
£60009/241.63 mi-1
£97509/241.75 mi-2
£1,60002/251.84 mi-3
£1,50012/241.93 miWinchcombe Gardens, South Cerney, GL73
£1,39512/241.94 miWinchcombe Gardens, SOUTH CERNEY3
£95012/241.96 miBeverstone Road, South Cerney, Gloucestershire3
£2,30004/242.07 miSudeley Drive, South Cerney, GL74
£2,30012/242.08 miSudeley Drive, South Cerney4
£82512/242.16 miThe Laurels, SOUTH CERNEY1
£1,59504/242.16 miNightingale Way, SOUTH CERNEY4
£1,40012/242.17 miKent End, Ashton Keynes2
£1,35009/242.17 miThe Mead, Ashton Keynes3
£1,30002/242.2 mi-3
£1,30005/242.2 mi-3
£1,40005/242.21 mi-3
£1,49509/242.23 miThe Street, OAKSEY3
£3,00004/242.23 miCastle Gate | South Cerney4
£2,15012/242.36 miOld Manor Gardens, Kemble, Cirencester4
£2,25012/242.41 miThe Lennards, South Cerney5
£4,50009/242.44 mi-6
£1,47504/242.45 miThe Lennards, SOUTH CERNEY3
£1,75004/242.48 miSouth Cerney, Cirencester4

Local Area Statistics

Population in GL7

42,518

Nearest school

1.80 miles away

Nearest train station

2.43 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £1,300,000

March 28, 2025

Listed for £1,450,000

October 8, 2024

Floor Plans

Description

  • 2 - 3 bedrooms +
  • 4 reception rooms +
  • 2 - 3 bathrooms +
  • 1 bedroom studio flat +
  • Outbuildings +
  • Period +
  • Detached +
  • Garden +
  • Village +
  • Private Parking +

Little Rectory is a stunningly presented period village house, which is not listed, accessed off a private drive within this desirable village.
The accommodation briefly comprises a light reception hall that leads into the beautiful open-plan sitting/dining room with a full-height kitchen and breakfast room at the far end. Double doors lead to the private garden terrace with a level lawn beyond. The main reception area has a beautiful walk in bar/ china room. Off the hall is a boot room with a WC and store room. At the other end is a snug and a large utility room at the far end.
On the first floor are two extensive bedroom suites with dressing areas and en suite bathrooms. (Previous owners had four bedrooms in this area).

Outside:
A paved terrace and level lawn are flanked by mature flower beds, gravelled parking and a natural stone two-storey garage open plan two bay garage with store and first floor Annexe above. There is scope for adding to the residential accommodation or creating a home office.
At the side is a small secure garden store. There is a path leading around the property to a bin store. The property was finished to an exceptionally high standard with a complete high-level renovation in 2016; today, Little Rectory is very well maintained and is ideal for entertaining as a second or principal home.

Services:
Mains water, Electricity and Private drainage (septic tank within neighbouring Somerord Keynes House).
OFCH and HW with underfloor heating

The Little Rectory is situated on the edge of the picturesque and desirable Cotswold village, approximately 8 miles south of Cirencester.
Shopping: Cirencester and Malmesbury, Cheltenham, Oxford, Swindon and Bath.
Pubs: The Bakers Arms(within walking distance), The Potting Shed, Crudwell and The Wheatsheaf, Oaksey
Motorway: M4 Jct 15 and M5 Jct 11a vai A417 Cirencester Swindon dual carriageway
Train Stations: Kemble 6 miles (London Paddington from 70 minutes) and Swindon 20 miles (London Paddington from 50 minutes).
Golf course: Oaksey, Cirencester and Minchinhampton
Schools: Pinewood, Beaudesert Park, Hatherop Castle, Westonbirt, St Margaret's and St Mary's Calne, and Oaksey primary school.
Theatres : Cirencester, Cheltenham and Marlborough
Racing at Newbury, Cheltenham and Bath. Eventing at Badminton, Dauntsey and Gatcombe Par. Hunting with VWH and RAU. Polo at Cirencester
Walking and cycling on the network of footpaths and highways across the region
Watersports: Cotswold waterpark

Distances: Kemble Station (London Paddington from 70 minutes) 6 miles, Cirencester 8 miles, Malmesbury 8 miles, Swindon 20 miles, M4 (J15) 28 miles, Cheltenham 34 miles, Central London 90 miles. (All distances and times approximate)

Agent Details

Knight Frank, Cirencester

01285 708173

Next Steps?

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