3 Bed Terraced House, Refurb/BRRR, GL7 2DB, £285,000

Estcote Road, Cirencester, Gloucestershire, GL7 2DB - 9 views - 3 months ago

Refurb/BRRR
~93 m²
+11 photos

ValuationFair Value

Sold Prices£250K - £750K
Sold Prices/m²£2.3K/m² - £5.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£290,700

 

 

End Value (After Refurb)

£386,426

Uplift in Value

+36%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Refurb Costs

£37,702

Bridging Loan Interest

£7,481

Total Cash In

£129,683

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£386,426

Agent Fees (1%)

£3,864

Bridging Loan

£213,750

Bridging Loan Interest

£7,481

Flip Profit

£39,129

Local Sold Prices

50 sold prices from £250K to £750K, average is £374.5K. £2.3K/m² to £5.8K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£270K02/210.01 mi18, Estcote Road, Cirencester, Gloucestershire GL7 2DB3
£250K10/200.01 mi20, Estcote Road, Cirencester, Gloucestershire GL7 2DB3
£295K05/210.05 mi20, Blake Road, Cirencester, Gloucestershire GL7 2EG3
£275K05/230.06 mi9, Hakeburn Road, Cirencester, Gloucestershire GL7 2DD3
£315K05/230.09 mi27, Hereward Road, Cirencester, Gloucestershire GL7 2EH3
£337K01/210.11 mi18, Gloucester Street, Cirencester, Gloucestershire GL7 2DG3
£508K07/230.12 mi22, Gloucester Street, Cirencester, Gloucestershire GL7 2DG3
£531.5K11/220.25 mi63, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£740K05/230.26 mi2, Shepherds Way, Cirencester, Gloucestershire GL7 2EY3
£370K05/230.27 miAelia Cottage, 76, Gloucester Street, Cirencester, Gloucestershire GL7 2DR3
£434.8K09/210.27 mi79, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£457.5K07/230.27 mi67, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£420K03/210.27 mi41, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£480K03/210.28 mi169, Gloucester Street, Cirencester, Gloucestershire GL7 2DP3
£439K01/210.28 mi141, Gloucester Street, Cirencester, Gloucestershire GL7 2DP3
£550K03/210.28 mi167, Gloucester Street, Cirencester, Gloucestershire GL7 2DP3
£465K11/220.28 mi36, Shepherds Way, Cirencester, Gloucestershire GL7 2ET3
£600K12/200.28 mi3, Mill Place, Cirencester, Gloucestershire GL7 2BG3
£275K08/210.31 mi58, Bowling Green Crescent, Cirencester, Gloucestershire GL7 2HA3
£275K08/210.31 mi58, Bowling Green Crescent, Cirencester, Gloucestershire GL7 2HA3
£325K04/210.32 mi17, Ashcroft Road, Cirencester, Gloucestershire GL7 1RA3
£405K04/230.32 mi59, Shepherds Way, Cirencester, Gloucestershire GL7 2EU3
£335K11/200.33 mi12, Bowling Green Road, Cirencester, Gloucestershire GL7 2EZ3
£325K11/200.35 mi6, Ashcroft Gardens, Cirencester, Gloucestershire GL7 1RB3
£265K03/210.37 mi31, Ashcroft Gardens, Cirencester, Gloucestershire GL7 1RD3
£750K05/230.4 mi9, Victoria Road, Cirencester, Gloucestershire GL7 1EN3
£590K11/220.41 mi18, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£590K09/230.41 mi28, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£575K01/230.41 mi22, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£379K10/210.42 mi54, Purley Road, Cirencester, Gloucestershire GL7 1EP3
£370K02/230.42 mi44, Purley Road, Cirencester, Gloucestershire GL7 1EP3
£360K11/200.42 mi56, Purley Road, Cirencester, Gloucestershire GL7 1EP3
£250K06/230.42 mi34, Bowling Green Lane, Cirencester, Gloucestershire GL7 2DY3
£465K05/210.42 mi12, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£540K12/200.43 mi23, Querns Lane, Cirencester, Gloucestershire GL7 1RL3
£490K05/230.46 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£285K03/210.46 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£380K12/200.5 mi69, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£365K06/210.5 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£325K12/200.5 mi3, Berry Hill Road, Cirencester, Gloucestershire GL7 2HE3
£365K06/210.51 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£465K11/200.51 mi37, Berry Hill Crescent, Cirencester, Gloucestershire GL7 2HF3
£300K01/230.52 mi3, Queen Annes Road, Cirencester, Gloucestershire GL7 1AN3
£470K03/210.53 mi23a, Chesterton Park, Cirencester, Gloucestershire GL7 1XU3
£369K01/230.54 mi10, Upper Churnside, Cirencester, Gloucestershire GL7 1AL3
£370K11/200.54 mi56, London Road, Cirencester, Gloucestershire GL7 1AG3
£305K06/230.55 mi18, Upper Churnside, Cirencester, Gloucestershire GL7 1AL3
£442K03/210.56 mi71, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£442K03/210.56 mi53, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£319.9K09/210.57 mi11, Whitelands Road, Cirencester, Gloucestershire GL7 1AJ3

Local Rents

22 rents from £1.1K/mo to £2.1K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40004/240.06 miHakeburn Road, Cirencester3
£1,95004/250.46 mi-3
£2,10004/250.46 mi-3
£1,29504/240.69 miQueens Head Mews, Cirencester3
£1,65004/240.69 miWatermoor Road GL73
£1,50012/240.71 miChurn Meadows, Cirencester3
£1,65012/240.72 miVictoria Road, CIRENCESTER3
£1,65004/240.74 miQueen Street, Cirencester3
£1,99504/240.75 miCalleva Court, Queen Street3
£1,30004/250.77 mi-3
£1,30012/240.78 miCity Bank View, Cirencester, Gloucestershire, GL73
£1,50004/240.83 miMoss Way, Cirencester, Gloucestershire, GL73
£1,60012/240.85 miForstall Way, Cirencester, Gloucestershire, GL73
£1,50004/240.88 mi-3
£1,40001/250.91 mi-3
£1,40004/240.92 mi-3
£1,10003/250.99 mi-3
£1,29504/240.99 miKemble Drive, Cirencester3
£1,65012/241 miClappen Close, Cirencester, Gloucestershire, GL73
£1,25012/241.03 miStratton Heights, Cirencester, Gloucestershire, GL73
£1,19512/241.09 miStratton Heights, CIRENCESTER3
£1,25012/241.1 miStratton Heights, Cirencester3

Local Area Statistics

Population in GL7

42,518

Nearest school

0.10 miles away

Nearest train station

3.82 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £285,000

February 5, 2025

Floor Plans

Description

  • End terrace home +
  • Three bedrooms +
  • Garage +
  • Move Ready +
  • Central Cirencester, moments from the Abbey Grounds +
  • NO ONWARD CHAIN +

The property is in need of updating throughout and is being sold with no onward chain. This three bedroom end of terrace home benefits from a garage and off street parking and is situated in a central Cirencester location a short distance from the Abbey Grounds.

The accommodation is arranged over two floors with the ground floor comprising entrance hall with stairs off to the first floor, sitting room, kitchen, cloakroom and a conservatory leading out the rear. The first floor provides the three bedrooms and a bathroom.

Outside there is a pedestrian path to the front, and to the rear is a garden and off street parking leading to the garage.

MOVE READY

Our seller for this property has opted to use our ‘Move Ready’ pack because they are keen to put themselves in the best position to achieve a smooth and speedy sale. They have opted to make purchasing the pack a condition of their sale as a show of their commitment, with the aim of a faster less complicated process.

The cost of the pack to the buyer is £300 inc VAT (non-refundable) and includes the following that is in place ready to be sent to your solicitor upon offer acceptance:

- Property Information Questionnaire
- Fittings and Contents forms
- Official copy of Title Register or Epitome of Title if an unregistered title
- Title plan
- Local Authority search
- Draft contract
- A buyers information booklet will be shared on first viewing
- Anti Money Laundering Checks

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?

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