3-bedroom property · GL7 4BL
For saleReduced £75k (−16.5%) on 15 JulListed 1029 days
Opportunity summary
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About
Set within this award-winning development and extremely convenient to the town’s amenities lies this charming retirement cottage.
The Orchard is an attractive low-density development of natural stone constructed retirement cottages completed in the late 1990’s.
The scheme is located to the east of the Market Place and within the town’s Conservation area.
Set within managed communal gardens, offering a safe and pleasing environment and within level walking distance of facilities, The Orchard offers a wonderful home for the over 55’s.
With the benefit of a swimming pool pavilion, there is a part-time house manager to assist.
Number 22 comprises an end of terrace cottage that has been traditionally constructed of natural coursed stone elevations set beneath a pitched blue slate roof.
The property enjoys the comfort of sealed double glazed casement windows and provides a mixture of night storage and convector heating.
The layout briefly offers part glazed front door opening into the entrance hall, stairs rise to first floor, access to both reception rooms, cloakroom and kitchen.
The sitting room, with its southerly aspect, has window and patio door that opens into the garden room. There is a separate and generous sized dining room.
The kitchen is well appointed with a good selection of built-in base and wall mounted cupboards featuring integral appliances, ample space for breakfast dining. Door to rear.
To the first floor, the spacious landing serves access to three bedrooms, each of double proportion and two with built-in wardrobes; the principal with en suite facility.
There is a second shower room. Outside, the communal gardens offer a variety of seating areas, within tended gardens. South facing rear patio garden. Included in the sale lies a single garage.
Property Information The property is Leasehold with a term of 999 years commencing from 24th March 1984.
The development is managed by Cognatum Estates Limited with an annual 2023 management fee of £5,248. Estimated 2024 £6,684.
This fee includes the cost of the communal facilities, external decoration, house manager, gardening, swimming pool maintenance, buildings insurance, emergency alarm system, management charges and a reserve fund.
It has been placed into Band ‘F’ for Council tax purposes, charges 2023/24 £2,998.95. EPC Band ‘D’ (55). All main services with the exception of Gas are connected.
Local Authority – Cotswold District Council. Fairford is a delightful Cotswold market town set on the banks of the River Coln amidst idyllic Cotswold countryside.
The town enjoys an active community and offers an excellent range of day-to-day amenities. There is a charming Market Place dominated by the impressive parish church of St Mary.
The town provides a good selection of convenience shops, post office, public houses, eateries, modern medical centre, dentist, sports hall and playing fields. Wonderful riverside walks.
The nearby centres: Cirencester c.8 miles Swindon c.14 miles (railway station to London Paddington c.59 minutes) Further town information
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.
Area
Agent & docs
FAQ
About 22, The Orchard, Fairford
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