3 Bed Semi-Detached House, Refurb/BRRR, GL7 1AP, £300,000

Upper Churnside, Cirencester, GL7 1AP - 2 views - a month ago

Refurb/BRRR
ROI: 1%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£237K - £750K
Sold Prices/m²£2.3K/m² - £6.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£303,000

 

 

End Value (After Refurb)

£352,106

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£37,702

Bridging Loan Interest

£7,875

Total Cash In

£141,027

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£352,106

Mortgage (After Refinance)

£264,080

Mortgage LTV

75%

Cash Released

£39,080

Cash Left In

£101,947

Equity

£88,027

Rent Range

£1,100 - £2,100

Rent Estimate

£1,515

Running Costs/mo

£1,423

Cashflow/mo

£92

Cashflow/yr

£1,100

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £237K to £750K, average is £362.5K. £2.3K/m² to £6.6K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£290K11/200.06 mi4, Golden Farm Road, Cirencester, Gloucestershire GL7 1BS3
£300K01/230.1 mi3, Queen Annes Road, Cirencester, Gloucestershire GL7 1AN3
£270K03/210.1 mi2, Archery Road, Cirencester, Gloucestershire GL7 1AS3
£290K09/210.11 mi30, The Green, Cirencester, Gloucestershire GL7 1AU3
£320K06/210.11 mi7, The Green, Cirencester, Gloucestershire GL7 1AU3
£305K06/230.12 mi18, Upper Churnside, Cirencester, Gloucestershire GL7 1AL3
£369K01/230.14 mi10, Upper Churnside, Cirencester, Gloucestershire GL7 1AL3
£365K06/210.15 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£380K12/200.15 mi69, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£365K06/210.15 mi79, Purley Road, Cirencester, Gloucestershire GL7 1ER3
£319.9K09/210.18 mi11, Whitelands Road, Cirencester, Gloucestershire GL7 1AJ3
£379K10/210.19 mi54, Purley Road, Cirencester, Gloucestershire GL7 1EP3
£370K02/230.19 mi44, Purley Road, Cirencester, Gloucestershire GL7 1EP3
£360K11/200.19 mi56, Purley Road, Cirencester, Gloucestershire GL7 1EP3
£490K05/230.19 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£285K03/210.19 mi2, Purley Avenue, Cirencester, Gloucestershire GL7 1EW3
£370K11/200.2 mi56, London Road, Cirencester, Gloucestershire GL7 1AG3
£750K05/230.22 mi9, Victoria Road, Cirencester, Gloucestershire GL7 1EN3
£366K06/230.22 mi38, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DJ3
£442K03/210.23 mi71, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£442K03/210.23 mi53, Victoria Road, Cirencester, Gloucestershire GL7 1ES3
£590K09/210.26 mi34, Partridge Way, Cirencester, Gloucestershire GL7 1BQ3
£295K02/210.27 mi49, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£295K12/200.27 mi91a, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£317K03/210.27 mi41, Queen Elizabeth Road, Cirencester, Gloucestershire GL7 1DH3
£327.5K03/230.29 mi45, Partridge Way, Cirencester, Gloucestershire GL7 1BH3
£590K09/230.29 mi28, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£575K01/230.29 mi22, Bingham Close, Cirencester, Gloucestershire GL7 1HJ3
£270K04/210.3 mi87, Golden Farm Road, Cirencester, Gloucestershire GL7 1DF3
£405K08/230.3 mi11, Prospect Place, Cirencester, Gloucestershire GL7 1EZ3
£302.5K06/230.31 mi48, Arnolds Way, Cirencester, Gloucestershire GL7 1TA3
£434.8K09/210.31 mi79, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£457.5K07/230.31 mi67, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£420K03/210.31 mi41, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£475K01/230.32 mi103, Victoria Road, Cirencester, Gloucestershire GL7 1HA3
£330K11/220.33 mi7, North Home Road, Cirencester, Gloucestershire GL7 1DP3
£590K11/220.33 mi18, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£357.5K08/210.34 mi52, Pheasant Way, Cirencester, Gloucestershire GL7 1BL3
£402.5K08/230.34 mi16, Pheasant Way, Cirencester, Gloucestershire GL7 1BL3
£531.5K11/220.34 mi63, Corinium Gate, Cirencester, Gloucestershire GL7 2PX3
£465K05/210.35 mi12, Tower Street, Cirencester, Gloucestershire GL7 1EF3
£237K12/200.36 mi217, North Home Road, Cirencester, Gloucestershire GL7 1DZ3
£370K01/230.37 mi21, City Bank View, Cirencester, Gloucestershire GL7 1LQ3
£285K09/210.37 mi25, Crabtree Lane, Cirencester, Gloucestershire GL7 1DW3
£260K10/210.37 mi29, Crabtree Lane, Cirencester, Gloucestershire GL7 1DW3
£245K04/210.38 mi198, North Home Road, Cirencester, Gloucestershire GL7 1HR3
£270.5K06/230.4 mi2, City Bank Road, Cirencester, Gloucestershire GL7 1LG3
£270K05/230.41 mi145, North Home Road, Cirencester, Gloucestershire GL7 1DY3
£315K02/210.43 mi88, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3
£325K01/210.43 mi108, Watermoor Road, Cirencester, Gloucestershire GL7 1LF3

Local Rents

15 rents from £1.1K/mo to £2.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50004/240.3 mi-3
£1,40001/250.32 mi-3
£1,65012/240.33 miVictoria Road, CIRENCESTER3
£1,40004/240.34 mi-3
£1,95004/250.34 mi-3
£2,10004/250.34 mi-3
£1,99504/240.35 miCalleva Court, Queen Street3
£1,30012/240.35 miCity Bank View, Cirencester, Gloucestershire, GL73
£1,65004/240.37 miQueen Street, Cirencester3
£1,29504/240.4 miQueens Head Mews, Cirencester3
£1,65004/240.4 miWatermoor Road GL73
£1,10003/250.41 mi-3
£1,50004/240.51 miMoss Way, Cirencester, Gloucestershire, GL73
£1,60012/240.55 miForstall Way, Cirencester, Gloucestershire, GL73
£1,65012/240.61 miClappen Close, Cirencester, Gloucestershire, GL73

Local Area Statistics

Population in GL7

42,518

Nearest school

0.20 miles away

Nearest train station

3.93 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £300,000

March 21, 2025

Floor Plans

Description

  • Three Bedroom semi-detached home +
  • Two reception rooms +
  • Deceptively spacious throughout +
  • Workshop outbuilding +
  • Driveway parking +
  • Within walking distance to Kingshill Secondary School and Cirencester Town Centre. +

SUMMARY
This spacious THREE BEDROOM SEMI-DETACHED HOME, located in the heart of CIRENCESTER, offers excellent potential for those looking to create their ideal family home. TWO RECEPTION ROOMS. Outbuilding WORKSHOP. Large enclosed rear garden. DRIVEWAY PARKING

DESCRIPTION
This spacious three-bedroom semi-detached home, located in the heart of Cirencester, offers excellent potential for those looking to create their ideal family home. Featuring non-standard construction, the property combines traditional charm with opportunities for modernisation and personalisation. On the ground floor, you'll find an inviting entrance porch that leads into a welcoming entrance hall. A convenient downstairs cloakroom is also located on this level. The property boasts two generously sized reception rooms, including a comfortable lounge and a dedicated study, making it an ideal space for both relaxation and productivity. The kitchen is well-proportioned, with an adjacent utility room providing additional storage and practical space for laundry and household tasks. Upstairs, the first floor accommodates three good-sized bedrooms, each offering ample space for storage and personalisation. The family bathroom completes this level, providing a well-maintained and functional space for the whole family. Externally, the property features a large, enclosed rear garden, offering plenty of room for outdoor activities, gardening, or simply enjoying the peaceful surroundings. A workshop in the garden provides a great space for DIY projects, hobbies, or additional storage. The property also benefits from driveway parking, ensuring convenient off-road parking for residents and guests.

Ground Floor Accommodation 

Entrance Porch 
Door to the entrance hall. Double glazed door to the study. Door to the entrance hall.

Entrance Hall 
Double glazed door to the porch. Door to the kitchen. Under stair storage cupboard. Stairs rising to the first floor accommodation. Radiator.

Kitchen 13' 2" x 12' 7" ( 4.01m x 3.84m )
Double glazed window to the rear aspect. Double glazed French doors to the rear garden. Door to the study. Fully fitted kitchen with a range of base and wall mounted units comprising of cupboards and drawers. One and a half sink with drainer and mixer tap. Under stair storage cupboard. Space and plumbing for fridge freezer. Space and plumbing for washing machine. Integrated four ring electric hob, cooker hood and oven. Radiator.

Lounge 13' 2" x 12' 7" ( 4.01m x 3.84m )
Double glazed window to the front aspect. Television point. Telephone point. Radiator.

Cloakroom 
Obscure double glazed window to the front aspect. Low Level WC and wash hand basin with vanity.

Study 11' 4" narrowing to 9' 1" x 9' 8" ( 3.45m narrowing to 2.77m x 2.95m )
Door to the work shop. Archway to the utility room.

Utility Room 8' 3" x 6' 2" ( 2.51m x 1.88m )
Double glazed window to the rear aspect. Double glazed French doors to the rear garden. Sink with drainer. Work tops with base units. Door to the cloakroom. Space and plumbing for washing machine.

First Floor Accommodation 

First Floor Landing 
Double glazed skylight to the front aspect. Loft access. Access to all bedrooms and family bathroom.

Bedroom One 12' 4" x 10' 3" ( 3.76m x 3.12m )
Double glazed window to the front aspect. Radiator.

Bedroom Two 11' 1" x 10' 2" ( 3.38m x 3.10m )
Double glazed window to the rear aspect. Radiator.

Bedroom Three 8' 4" x 8' 3" ( 2.54m x 2.51m )
Double glazed window to the front aspect. Radiator.

Bathroom 
Obscure double glazed window to the rear aspect. Three piece suite comprising of Low Level WC, panelled bath with mixer tap, pedestal wash hand basin. Heated towel rail. Airing cupboard with boiler. Partially tiled to water sensitive areas.

External Features 

Garden 
Fenced boundaries. Laid to patio

Parking 
Driveway parking

Workshop/Study 19' 1" x 14' 9" ( 5.82m x 4.50m )
Double glazed door to the front aspect. Storage cupboard.

Agent Note 
Please note this property is a Non-standard construction. Easi-form.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Swindon (North)

01793 540170

Next Steps?

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