3 Bed Terraced House, Single Let, GL7 1UA, £265,000

28 Cranhams Lane, Cirencester, GL7 1UA - a month ago

Sold STC
BTL
ROI: 3%
74 m²
+8 photos

ValuationUndervalued

Sold Prices£220K - £700K
Sold Prices/m²£2.9K/m² - £10.6K/m²

 

 

Square Metres

74 m²
Price/m²£3.6K/m²

Value Estimate

£309,963
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£15,200

Total Cash In

£81,450

 

 

Cash Out

 

Rent Range

£1,295 - £2,100

Rent Estimate

£1,297

Running Costs/mo

£1,108

Cashflow/mo

£189

Cashflow/yr

£2,274

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £220K to £700K, average is £366.5K. £2.9K/m² to £10.6K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£285K12/200.07 mi88, Cranhams Lane, Cirencester, Gloucestershire GL7 1UA3
£395K12/200.1 mi21, Alexander Drive, Cirencester, Gloucestershire GL7 1UG3
£447.5K06/230.12 mi2, Chesterton Grove, Cirencester, Gloucestershire GL7 1XN3
£700K02/210.12 miHighfield Cottage, Somerford Road, Cirencester, Gloucestershire GL7 1TS3
£445K01/230.15 mi97, Alexander Drive, Cirencester, Gloucestershire GL7 1UQ3
£360K05/210.16 mi68, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£265K12/200.17 mi17, Apsley Road, Cirencester, Gloucestershire GL7 1SR3
£440K08/210.19 mi223, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£445.6K08/230.19 mi68, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£330K06/210.19 mi177, Alexander Drive, Cirencester, Gloucestershire GL7 1UH3
£235K02/210.21 mi8, Woodlands Road, Cirencester, Gloucestershire GL7 1SP3
£370K12/220.21 mi169, Alexander Drive, Cirencester, Gloucestershire GL7 1UQ3
£324.4K08/210.24 mi8, Garden Close, Cirencester, Gloucestershire GL7 1UW3
£290K02/210.27 mi12, Martin Close, Cirencester, Gloucestershire GL7 1XY3
£550K03/210.27 mi40, Somerford Road, Cirencester, Gloucestershire GL7 1TW3
£440K04/210.27 mi37a, Mount Street, Cirencester, Gloucestershire GL7 1TJ3
£358.5K05/210.29 mi56, Cotswold Avenue, Cirencester, Gloucestershire GL7 1XW3
£400K09/230.29 mi58, Cotswold Avenue, Cirencester, Gloucestershire GL7 1XW3
£448K03/230.32 mi1, Greyfriars Walk, Cirencester, Gloucestershire GL7 1UF3
£450K12/200.32 mi15, Somerford Road, Cirencester, Gloucestershire GL7 1TP3
£363K06/230.32 mi8, Somerford Road, Cirencester, Gloucestershire GL7 1TN3
£285K03/210.33 mi5, Hanstone Close, Cirencester, Gloucestershire GL7 1WX3
£350K11/200.34 mi14, Cotswold Close, Cirencester, Gloucestershire GL7 1XR3
£305K07/230.35 mi19, Sperringate, Cirencester, Gloucestershire GL7 1NA3
£360K12/220.35 mi64, Haygarth Close, Cirencester, Gloucestershire GL7 1WY3
£310K07/230.35 mi22, Lavender Lane, Cirencester, Gloucestershire GL7 1PP3
£350K11/220.38 mi42, Woodhouse Close, Cirencester, Gloucestershire GL7 1YH3
£310K07/230.38 mi32, Michaels Mead, Cirencester, Gloucestershire GL7 1WE3
£395K04/210.43 mi26, Morestall Drive, Cirencester, Gloucestershire GL7 1TF3
£377K04/230.47 mi95, Chesterton Park, Cirencester, Gloucestershire GL7 1XS3
£220K04/230.5 mi24, Siddington Road, Cirencester, Gloucestershire GL7 1NT3
£265K06/210.5 mi15, Drift Close, Cirencester, Gloucestershire GL7 1QB3
£540K12/200.53 mi23, Querns Lane, Cirencester, Gloucestershire GL7 1RL3
£315K02/210.53 mi88, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£325K01/210.53 mi108, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£475K01/230.54 mi103, Victoria Road, Cirencester, Gloucestershire GL7 1HA3
£328.5K08/230.54 mi10, Reeves Close, Cirencester, Gloucestershire GL7 1QR3
£270.5K06/230.54 mi2, City Bank Road, Cirencester, Gloucestershire GL7 1LG3
£370K01/230.56 mi21, City Bank View, Cirencester, Gloucestershire GL7 1LQ3
£405K08/230.57 mi11, Prospect Place, Cirencester, Gloucestershire GL7 1EZ3
£520K09/230.58 mi27, Chesterton Park, Cirencester, Gloucestershire GL7 1XU3
£265K03/210.58 mi31, Ashcroft Gardens, Cirencester, Gloucestershire GL7 1RD3
£399.5K07/230.59 miSt Margarets, Siddington Road, Cirencester, Gloucestershire GL7 1PA3
£277.5K11/200.59 mi5, North Hill Road, Cirencester, Gloucestershire GL7 1PG3
£370K03/230.59 mi38, North Hill Road, Cirencester, Gloucestershire GL7 1PG3
£465K05/210.6 mi12, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£325K11/200.61 mi6, Ashcroft Gardens, Cirencester, Gloucestershire GL7 1RB3
£470K03/210.61 mi23a, Chesterton Park, Cirencester, Gloucestershire GL7 1XU3
£442K03/210.62 mi71, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£442K03/210.62 mi53, Victoria Road, Cirencester, Gloucestershire GL7 1ES3

Local Rents

10 rents from £1.3K/mo to £2.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,30004/250.23 mi-3
£1,29504/240.42 miKemble Drive, Cirencester3
£1,29504/240.44 miQueens Head Mews, Cirencester3
£1,65004/240.44 miWatermoor Road GL73
£1,65004/240.5 miQueen Street, Cirencester3
£1,99504/240.53 miCalleva Court, Queen Street3
£1,65012/240.54 miVictoria Road, CIRENCESTER3
£1,30012/240.56 miCity Bank View, Cirencester, Gloucestershire, GL73
£1,95004/250.57 mi-3
£2,10004/250.57 mi-3

Local Area Statistics

Population in GL7

42,518

Nearest school

0.10 miles away

Nearest train station

3.09 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £265,000

March 13, 2025

Floor Plans

Description

A great opportunity to purchase a modern three bedroom family home located in a convenient and popular area on the edge of town located close to a selection of schools including primary and secondary, ideal for the growing family. There is also a range of local amenities and facilities including doctors surgery, local pharmacy, convince store and access to open countryside for walking dogs. The property benefits from a modern fitted kitchen with good range of storage, large lounge with picture window to front aspect, and the addition of a Upvc double glazed Conservatory to the rear giving access to the rear garden. The hallway to the front gives access to the first floor where there are three family sized bedrooms and a modern family bathroom with separate WC. The house benefits from a gas fired central heating system which is complemented by Upvc double glazed windows and doors. Externally there are gardens to front and rear with the rear garden providing a safe and secure environment for small animals or young children. The property is available with NO-CHAIN and can be viewed through Cain & Fuller in Cirencester.

Cirencester - Cirencester is an historic Roman town which became an important centre for the wool trade in medieval times. Today it is a thriving market town. The property occupies a desirable situation. Shopping in Cirencester is highly regarded, off the main streets there are many interesting back lanes with specialist shops, particularly Black Jack Street. On the outskirts of the town are two supermarkets (Waitrose and Tesco) as well as a Hospital. A new Leisure Centre was opened in 2006 and one of the oldest open-air pools in the country is a short walk. A gate to the 2500 acre Cirencester Park, belonging to the Bathurst family and open during the day, is also a short walk off Cecily Hill. Many concerts are given in the Church and there are talented local choirs and amateur dramatic groups. Within about half an hour’s drive are the towns of Cheltenham, Gloucester and Swindon. Bath, Oxford and Stratford are about an hour by car, with superb cultural and recreational facilities. Private and State schools in the area are excellent, such as Beaudesert, Deer Park, Kingshill, Prior Park, Rendcomb and Hatherop Castle.

Kemble airfield has facilities for small aircraft and Aston Down is a gliding centre. Cirencester has had a golf course for over 100 years and others are at Minchinhampton, Burford and Naunton. Superb horse racing takes place at Cheltenham, as well as at meetings at Newbury and Bath. Sailing is available on the lakes between Cirencester and Swindon.

Amenities - Cranhams lane is a much sought-after location due to its proximity to the town centre which is within walking distance. Cirencester is deservedly known as the “Capital of the Cotswolds” and is extremely accessible, being at the intersection of the Fosse Way and Ermin Way. The latter provides virtual dual carriage access to both the M4 at Swindon and the M5 at Gloucester/Cheltenham. There is a fast and regular Great Western Train service from Kemble (about 3.5 miles) to London Paddington which takes approximately 75 minutes with stops at Swindon, Didcot and Reading.’

Outside - To the front of the house there is a lawned area with pathway to entrance door, side access from the front garden to the rear garden. To the rear of the house there is a low maintenance garden with an open aspect, side gated access to the front garden. There are two storage sheds located in the garden. The garden provides a secure and safe environment for small animals or young children.

Tenure - Freehold

Council Tax - Band C

Broadband And Mobile - We recommend purchasers to log on to Ofcom to check out broadband speeds and mobile reception.

Parking - There are parking bays in Cranhams lane for residents and Cranhams lane has unrestricted parking.

Epc - To follow

Agents Note - These particulars, including any plan, are a general guide only and do not form any part of any offer or contract. All descriptions, including photographs, dimensions and other details are given in good faith but do not amount to a representation or warranty. They should not be relied upon as statements of fact and anyone interested must satisfy themselves as to their correctness by inspection or otherwise.

Any plan is for layout guidance only and is not drawn to scale. All dimensions, shapes and compass bearings are approximate and you should not rely upon them without checking them first.
Please discuss with us any aspects which are particularly important to you before travelling to view this property.
Please note that in line with Money Laundering Regulations potential purchasers will be required to provide proof of identification documents no later than where a purchaser’s offer is informally accepted by the seller

Agent Details

Cain & Fuller Estate Agents, Cirencester

01285 704350

Next Steps?

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