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See how verdicts work1-bedroom flat · GL7 1RU
Listing removedReduced £10k (−11.8%) on 21 JunListed 431 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment located on the first floor Homeberry House is part purpose built and part converted development of retirement flats for the active retired.
Constructed by McCarthy & Stone (Developments) Ltd and comprises 61 properties arranged over 3 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property.
Accommodation Front door leads to the hall way. Entrance Hall Illuminated light switch, emergency pull cord and security door entry system.
Airing cupboard with insulated hot water cylinder, electric meter and storage space.
Living Room With Window Wall lights, electric fire with coal effect, power points, TV aerial point, telephone point.
Kitchen With Window Tiled and fitted with stainless steel sink unit, wall and floor cupboards with work tops. Space for electric cooker. Space for fridge/freezer. Power points. Strip light.
Bedroom With Window Storage heater, wall light fittings, power points.
Shower Room Walk in shower with hand grip, emergency pull cord, wc with low level flush, vanity unit with mirror cupboard over, circular light, extractor fan, electric towel rail and wall mounted fan heater.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 23, Homeberry House, Cirencester
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