5 Bed Detached House, Single Let, GL7 1YN, £620,000

20 Rendcomb Drive, Cirencester, Gloucestershire, GL7 1YN - 5 months ago

Sold STC
BTL
~178 m²
+20 photos

ValuationUndervalued

Sold Prices£400K - £2.5M
Sold Prices/m²£2.4K/m² - £6.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£3.5K/m²

Value Estimate

£655,447
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£155,000

Stamp Duty & Legal Fees

£38,300

Total Cash In

£193,300

 

 

Cash Out

 

Rent Range

£1,295 - £2,600

Rent Estimate

£1,299

Running Costs/mo

£2,217

Cashflow/mo

£-918

Cashflow/yr

£-11,020

Gross Yield

3%

Local Sold Prices

17 sold prices from £400K to £2.5M, average is £650K. £2.4K/m² to £6.4K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£585K12/220.32 mi3, Linacre Crescent, Cirencester, Gloucestershire GL7 1WB5
£540K05/230.34 mi8, Greyfriars Walk, Cirencester, Gloucestershire GL7 1UF5
£490K01/230.46 mi195, Alexander Drive, Cirencester, Gloucestershire GL7 1UH5
£803K02/210.61 mi14, St Peters Road, Cirencester, Gloucestershire GL7 1RG5
£945K08/230.61 mi34, St Peters Road, Cirencester, Gloucestershire GL7 1RG5
£2.5M02/230.63 miQuerns House, 21, Querns Lane, Cirencester, Gloucestershire GL7 1RL5
£683K07/210.74 mi8, Park Street, Cirencester, Gloucestershire GL7 2BN5
£950K03/210.88 mi91, Victoria Road, Cirencester, Gloucestershire GL7 1ES5
£880K11/220.93 mi27, Gloucester Street, Cirencester, Gloucestershire GL7 2DJ5
£570K12/201.16 mi31, Cherry Tree Drive, Cirencester, Gloucestershire GL7 1PJ5
£400K03/211.48 mi69, Pheasant Way, Cirencester, Gloucestershire GL7 1BJ5
£650K06/211.6 mi11, Beecham Close, Cirencester, Gloucestershire GL7 1HT5
£625K04/211.6 mi13, Beecham Close, Cirencester, Gloucestershire GL7 1HT5
£890K12/201.76 miStratton Edge, School Hill, Stratton, Cirencester, Gloucestershire GL7 2LS5
£550K03/232.02 miNorvesko, Manor Farm Road, Coates, Cirencester, Gloucestershire GL7 6NH5
£1.1M07/212.21 mi2, Hambledon Close, South Cerney, Cirencester, Gloucestershire GL7 6JA5
£530K07/232.26 mi8, May Tree Close, Coates, Cirencester, Gloucestershire GL7 6NQ5

Local Rents

19 rents from £1.3K/mo to £2.6K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,29504/240.06 miKemble Drive, Cirencester3
£1,45012/240.13 miParkland Square, Cirencester, GL74
£2,10012/240.15 miSTUDENT PROPERTY - Springfield Road, Cirencester4
£1,98004/240.19 miLawrence Road, Cirencester, Gloucestershire, GL74
£1,96004/240.25 miBathurst Road, Cirencester, GL74
£1,30004/250.33 mi-3
£1,95004/250.76 mi-3
£2,10004/250.76 mi-3
£1,29504/240.77 miQueens Head Mews, Cirencester3
£1,65004/240.77 miWatermoor Road GL73
£1,65004/240.85 miQueen Street, Cirencester3
£2,16012/240.87 miSTUDENT PROPERTY - Victoria Road, Cirencester4
£1,65012/240.87 miVictoria Road, CIRENCESTER3
£1,99504/240.89 miCalleva Court, Queen Street3
£1,30012/240.93 miCity Bank View, Cirencester, Gloucestershire, GL73
£2,12012/240.93 miSTUDENT PROPERTY - City Bank View, Cirencester5
£1,40004/240.97 miHakeburn Road, Cirencester3
£2,60012/241.03 miSTUDENT PROPERTY - Rose Way, Cirencester5
£1,50012/241.18 miCherry Tree Drive, Cirencester, Gloucestershire, GL73

Local Area Statistics

Population in GL7

42,518

Nearest school

0.40 miles away

Nearest train station

2.88 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £620,000

November 21, 2024

Sold for £125,000

1997

Floor Plans

Description

  • Beautiful, extended detached house +
  • Five/six bedrooms, en-suite to principal +
  • Ground floor bedroom six with wet room +
  • Stunning kitchen/family room with bi-fold doors +
  • Sitting room, utility room +
  • Driveway parking and gardens +

A fine example of an attractive and extended five/six bedroom detached family home nestling in a select cul-de-sac in this ever-popular part of Cirencester. The property is well-placed to be close to a wide range of amenities and facilities.

The accommodation briefly comprises an entrance hall which leads into the sitting room. The kitchen/family room is beautifully presented and well-designed. The kitchen area has a generous range of wall and base units with granite working surfaces over, a centrally located island, matching wall cupboards, and a range of fitted appliances. It opens up into the family area where there is ample room for a table under a vaulted ceiling lantern, and bi-fold doors lead into the rear garden. There is a very useful utility room where there is an additional door to the garden. The garage has been converted to provide a very useful bedroom. This could be used as a snug/study/gym or as desired. A door leads to a very useful wet room/shower room.

At first floor level, the landing leads to the four bedrooms and the main family bathroom which has a separate shower over the bath. The principal bedroom has the added benefit of a recently installed shower room.

Stairs on the landing lead to the second floor where there is an additional bedroom with plumbing in readiness for an ensuite, if needed. This again could be used as a home office, if desired.

Outside, there is driveway parking to the front and an open-plan lawn area. Pedestrian access leads to the rear garden, which is well enclosed, enjoys a good degree of privacy, and is predominantly laid to lawn with flower/shrub borders, and a patio gravel area offering a place to sit, relax, and entertain.

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 and a lovely outdoor swimming pool. Nearby there is golf, tennis, riding, football, rugby and cricket.

There are excellent primary and secondary state schools and a sixth form college campus. There are also good independent schools in the surrounding areas.

Agent Details

Perry Bishop, Cirencester

01285 704455

Next Steps?

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