2-bedroom house · GL7 6NE
For saleReduced £4k (−2.9%) on 30 SepListed 275 days
Opportunity summary
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About
Shared Ownership This superb modern home is available to buy from as little as £140,000 with a 40% share!
Situated in the desirable development of Severells Drive, this modern terraced house offers stylish and well planned accommodation arranged over two floors.
The ground floor features an entrance hall, cloakroom, a generous open plan kitchen/dining/reception room with leads through to a utility room and access to the rear garden.
Upstairs, there are two double bedrooms and a modern family bathroom. Externally is a driveway providing off road parking at the front and an enclosed garden to the rear.
Severells Drive lies on the edge of Cirencester, a thriving Cotswold market town known for its charming streets, independent shops, cafés, and restaurants.
Everyday amenities including supermarkets, leisure facilities, healthcare services, and schools are all close at hand.
Cirencester also offers a vibrant community atmosphere, regular markets, and access to beautiful countryside walks and cycle routes.
For travel, the A417 and A419 are easily accessible, providing direct routes to Swindon, Gloucester, Cheltenham, and the M4 corridor toward London and Bristol.
Kemble railway station is approximately 10–15 minutes away by car and offers direct services to London Paddington in around an hour.
Local bus services also connect the area to surrounding towns and villages.
Pricing & affordability Full Market Value: £350,000 40% Share Price: £140,000 (rent £504.53pcm) Minimum 5% Mortgage Deposit (40% share): £7,000 Approximate Service Charges: £44.03pcm* Shared Ownership Lease: 987 years remaining Eligibility Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.
The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £80,000 • You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence. • You are a permanent UK resident or have indefinite right to remain. *Service charges are estimated and may subject to change.
Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About SNG RESALE SO, 30, Severells Drive, Cirencester
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