4 Bed Detached House, Refurb/BRRR, GL7 6HT, £600,000

Cirencester Road, South Cerney, Cirencester, Gloucestershire, GL7 6HT - 6 months ago

Sold STC
Refurb/BRRR
~196 m²
+15 photos

ValuationFair Value

Sold Prices£272K - £1.2M
Sold Prices/m²£2.7K/m² - £13.1K/m²

 

 

Square Metres

~195.93 m²
Price/m²£3.1K/m²

Value Estimate

£600,000

 

 

End Value (After Refurb)

£723,391

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£48,700

Refurb Costs

£79,429

Bridging Loan Interest

£15,750

Total Cash In

£295,629

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£723,391

Mortgage (After Refinance)

£542,543

Mortgage LTV

75%

Cash Released

£92,543

Cash Left In

£203,085

Equity

£180,848

Rent Range

£725 - £4,750

Rent Estimate

£1,516

Running Costs/mo

£2,584

Cashflow/mo

£-1,068

Cashflow/yr

£-12,814

Gross Yield

3%

Local Sold Prices

50 sold prices from £272K to £1.2M, average is £469K. £2.7K/m² to £13.1K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£625K12/220.77 miWillowmead, Nursery View, Siddington, Cirencester, Gloucestershire GL7 6HN4
£779K04/210.77 miQuarry House, Nursery View, Siddington, Cirencester, Gloucestershire GL7 6HN4
£461K11/201 mi21, Kingsway, Preston, Cirencester, Gloucestershire GL7 5XA4
£1.2M11/211.13 miBrook Cottage, Silver Street, South Cerney, Cirencester, Gloucestershire GL7 5TP4
£540K01/231.18 mi24, North Hill Road, Cirencester, Gloucestershire GL7 1PG4
£400K12/201.29 mi2, Churn Close, South Cerney, Cirencester, Gloucestershire GL7 6HX4
£272K06/211.3 mi31, Rose Way, Cirencester, Gloucestershire GL7 1PS4
£345K06/211.32 mi14, Meadow Way, South Cerney, Cirencester, Gloucestershire GL7 6HY4
£477.5K11/201.33 mi20, Matthews Walk, Cirencester, Gloucestershire GL7 1HL4
£375K11/201.4 mi8, Robert Franklin Way, South Cerney, Cirencester, Gloucestershire GL7 5UD4
£405K03/211.4 mi18, Robert Franklin Way, South Cerney, Cirencester, Gloucestershire GL7 5UD4
£550K03/231.4 miStrathmore, High Street, South Cerney, Cirencester, Gloucestershire GL7 5UR4
£635K08/231.41 miSunset, Station Road, South Cerney, Cirencester, Gloucestershire GL7 5UB4
£910K11/211.41 miAnchor, Station Road, South Cerney, Cirencester, Gloucestershire GL7 5UB4
£607K02/211.46 miBirch House, Ham Lane, South Cerney, Cirencester, Gloucestershire GL7 5UF4
£590K06/231.46 mi3, Lakeside, South Cerney, Cirencester, Gloucestershire GL7 5XE4
£625K06/211.46 mi11, Lakeside, South Cerney, Cirencester, Gloucestershire GL7 5XE4
£750K03/211.49 mi11, Kingfisher Place, South Cerney, Cirencester, Gloucestershire GL7 5TG4
£850K01/211.49 mi10, Kingfisher Place, South Cerney, Cirencester, Gloucestershire GL7 5TG4
£408.5K06/211.51 mi25, Sudeley Drive, South Cerney, Cirencester, Gloucestershire GL7 5XN4
£760K06/231.57 mi16, Oaklands, Cirencester, Gloucestershire GL7 1FA4
£755K11/201.57 mi21, Oaklands, Cirencester, Gloucestershire GL7 1FA4
£375K02/211.57 mi17, Broadway Lane, South Cerney, Cirencester, Gloucestershire GL7 5UH4
£473K09/231.58 mi68, Golden Farm Road, Cirencester, Gloucestershire GL7 1DQ4
£365K12/201.59 mi81, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH4
£812.8K06/211.6 mi48a, Somerford Road, Cirencester, Gloucestershire GL7 1TX4
£500K12/201.61 mi46, Watermoor Road, Cirencester, Gloucestershire GL7 1LD4
£310K02/231.61 mi70, Watermoor Road, Cirencester, Gloucestershire GL7 1LD4
£400K12/221.63 mi54, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DJ4
£379K12/201.63 mi81, Golden Farm Road, Cirencester, Gloucestershire GL7 1DF4
£455K06/231.63 mi6, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DJ4
£425K08/211.64 mi8, Alexander Drive, Cirencester, Gloucestershire GL7 1UG4
£430K04/231.64 mi28, Alexander Drive, Cirencester, Gloucestershire GL7 1UG4
£448K11/201.64 mi29, Alexander Drive, Cirencester, Gloucestershire GL7 1UG4
£275K04/211.65 mi8, Prospect Place, Cirencester, Gloucestershire GL7 1EZ4
£975K04/231.7 mi1, King Street, Cirencester, Gloucestershire GL7 1JT4
£385K03/211.73 miKeepers House, 174, Partridge Way, Cirencester, Gloucestershire GL7 1LX4
£500K06/231.73 mi176, Partridge Way, Cirencester, Gloucestershire GL7 1LX4
£740K06/211.76 miThe Garden House, Stonewalls, Victoria Road, Cirencester, Gloucestershire GL7 1EU4
£535K02/231.79 mi89, Pheasant Way, Cirencester, Gloucestershire GL7 1BJ4
£481.1K10/211.8 mi85, Victoria Road, Cirencester, Gloucestershire GL7 1ES4
£595K04/211.81 mi54, Chester Street, Cirencester, Gloucestershire GL7 1HG4
£455K04/211.82 mi63, Foxes Bank Drive, Cirencester, Gloucestershire GL7 1WA4
£450K06/211.85 mi63, Pheasant Way, Cirencester, Gloucestershire GL7 1BJ4
£445K04/211.85 mi129, Pheasant Way, Cirencester, Gloucestershire GL7 1BJ4
£465K08/231.85 mi79, Pheasant Way, Cirencester, Gloucestershire GL7 1BJ4
£410K06/211.85 mi85, Pheasant Way, Cirencester, Gloucestershire GL7 1BJ4
£452K02/211.87 mi84, Partridge Way, Cirencester, Gloucestershire GL7 1BQ4
£340K03/211.87 mi18, Partridge Way, Cirencester, Gloucestershire GL7 1BQ4
£474K06/231.87 mi24, Partridge Way, Cirencester, Gloucestershire GL7 1BQ4

Local Rents

50 rents from £725/mo to £4.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,75004/240.47 miSouth Cerney, Cirencester4
£2,85012/240.65 miSiddington, Near Cirencester4
£3,00012/240.7 miDairy Cottages, Siddington4
£1,40001/250.74 mi-2
£1,37504/251.01 mi-2
£4,75012/241.03 miPreston, Cirencester, Gloucestershire1
£3,00004/241.06 miCastle Gate | South Cerney4
£1,50012/241.07 miCherry Tree Drive, Cirencester, Gloucestershire, GL73
£82512/241.29 miThe Laurels, SOUTH CERNEY1
£2,60012/241.3 miSTUDENT PROPERTY - Rose Way, Cirencester5
£1,10004/241.35 miOaken Court, Cricklade Road, Cirencester2
£1,25004/241.37 miBuncombe Way, Cirencester GL7 1GZ2
£95004/241.37 miMelmore Gardens, Cirencester2
£90012/241.38 miMelmore Gardens, Cirencester2
£1,47504/241.38 miThe Lennards, SOUTH CERNEY3
£1,02504/241.38 miLove Lane, Cirencester, GL72
£2,25012/241.39 miThe Lennards, South Cerney5
£1,20004/241.4 miRobert Franklin Way, South Cerney, Cirencester3
£80004/241.42 mi-1
£89504/241.42 miAcanthus Court, Cirencester, GL72
£1,59504/241.46 miNightingale Way, SOUTH CERNEY4
£89504/241.49 miWatermoor Road, Cirencester, GL71
£2,30012/241.51 miSudeley Drive, South Cerney4
£2,30004/241.51 miSudeley Drive, South Cerney, GL74
£1,10003/251.52 mi-3
£87512/241.53 miThe Courtyard, City Bank Road1
£1,05012/241.54 miCity Bank Road, Cirencester2
£1,40004/241.54 mi-3
£2,12012/241.56 miSTUDENT PROPERTY - City Bank View, Cirencester5
£1,40001/251.56 mi-3
£1,30012/241.57 miCity Bank View, Cirencester, Gloucestershire, GL73
£1,39512/241.58 miWinchcombe Gardens, SOUTH CERNEY3
£1,05004/241.59 miSouthgate Mews, Cirencester2
£1,50012/241.59 miWinchcombe Gardens, South Cerney, GL73
£1,19504/241.61 miWatermoor Road, Cirencester2
£1,99504/241.61 miCalleva Court, Queen Street3
£72504/241.61 miQueen Street, Cirencester1
£1,65004/241.62 miQueen Street, Cirencester3
£95004/241.62 miJubilee Green, Cirencester, Gloucestershire, GL72
£1,50004/241.63 mi-3
£1,65012/241.64 miVictoria Road, CIRENCESTER3
£2,16012/241.64 miSTUDENT PROPERTY - Victoria Road, Cirencester4
£85001/241.67 mi-2
£85003/251.67 mi-2
£95012/241.69 miBeverstone Road, South Cerney, Gloucestershire3
£1,29504/241.69 miQueens Head Mews, Cirencester3
£1,65004/241.69 miWatermoor Road GL73
£1,29504/241.7 miOakley Hall, CIRENCESTER2
£95012/241.75 miBedford House, 95 Victoria Road, Cirencester, Gloucestershire, GL71
£95004/241.8 miVictoria Road, Cirencester1

Local Area Statistics

Population in GL7

42,518

Nearest school

1 miles away

Nearest train station

3.84 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £600,000

October 14, 2024

Floor Plans

Description

  • Detached +
  • Double Garage +
  • 4 Bedrooms +
  • Non estate +
  • Parking 4/5 cars +
  • Lift +

Chain free! Located just over a mile from the desirable village of South Cerney and 2.2 miles from Cirencester, this spacious 4 bedroom detached family home enjoys a non-estate location.

The property benefits from a large block paved drive with parking for 4/5 cars, a generous level garden & double garage. There is ample space inside that offers plenty of scope for the new owners. Viewing highly recommended!.

A great opportunity to purchase this spacious, detached family home set in a desirable village location. The property has been well maintained over the years yet would now benefit from some modernisation.

This property has well balanced accommodation arranged over two floors and comprises,

Entrance porch
Personal door to the garage and front door.

Entrance Hall
Doors to w.c, lounge, kitchen, dining room and stairs to first floor.

Lounge
Double aspect windows to front and rear, fireplace with living flame gas fire, personal lift to first floor.

Dining room
Patio doors giving access to the conservatory, door to kitchen and entrance hall.

Kitchen
Window to rear aspect, fitted kitchen with a range of wall and base units, roll edge worksurface and breakfast bar, oven and hob with extractor hood over, single drainer sink unit, tiled surrounds, integral fridge, tiled flooring, door to entrance hall & dining room .

Conservatory
Double French doors to the rear garden.

W.C
Tiled walls and flooring, low level w.c window to side aspect, wash hand basin.

First floor landing
Access to all bedrooms, family bathroom, built in storage cupboard.

Master Bedroom
Window to rear aspect, built in wardrobes and door to ensuite shower,access to loft.

En suite shower
Tiled floor, half tiled walls, fitted shower cubical, wash hand basin, window to side aspect.

Bedroom 2
Window to front aspect, built in wardrobes.

Bedroom 3
Double aspect window to front, built in wardrobes.

Bedroom 4
Rear aspect window enjoying views of the garden and open countryside.

Family bathroom
Window to side aspect, suite with Bath, pedestal wash hand basin, low level w.c.

Garage
Double garage, with two up and over doors and a personal door to the entrance porch. The garage houses the boiler and has a utility area with plumbing for a washing machine, single drainer sink unit with storage cupboards under.

Outside:-
level garden mainly laid to lawn boarders with plants, trees and shrubs. There is a large patio that wraps around the house, with gated access to the front garden. The front of the property has a generous drive way with ample parking, a mature garden with plants and shrubs.

Council Tax Band F £3,303.61 P/a

Agent Details

CJ Hole, Cirencester

01285 704382

Next Steps?

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