2-bedroom flat · GL7 1LA
For saleReduced £10k (−7.1%) on 25 AugListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary no onward chain! A spacious and well-laid-out two double bedroom first floor apartment situated in Cirencester, offering versatile accommodation throughout. Shared parking.
125 Years on the lease. Description no onward chain! A spacious and well-laid-out two double bedroom first floor apartment situated in Cirencester, offering versatile accommodation throughout.
The property is accessed via an entrance hall providing access to all principal rooms.
The lounge offers a comfortable living space with ample natural light, while the kitchen/diner provides a practical area for both cooking and dining.
There are two generously sized double bedrooms, alongside a bathroom and a separate cloakroom, adding further convenience to the layout.
Externally, the property benefits from access to shared parking, providing off-road parking for residents.
Overall, the property offers a functional layout with well-proportioned rooms, making it a practical choice within a well-established location.
The lease term will be 125 Years on the day of completion. Agent Notes This property is part of a large Title that includes other properties that are not included in this sale.
The creation of a new Title for the property being sold will be undertaken during the conveyance in preparation for completion.
Your conveyancer will take the necessary steps and advise you accordingly. We may not have all material information relating to this property which is sold as seen.
If there is any point which is of particular importance to you, please contact the branch and we will endeavour to check for you, especially if you are contemplating travelling some distance to view the property.
The service charge of £1,266.83 per annum is applicable to the property as a guide only and is subject to confirmation and possible annual increase.
Please enquire with the branch at time of interest where they would be happy to check. We have not tested any apparatus, equipment, fixtures, fittings, or connection of utility services.
Any checks to working condition and suitability will be at the buyers own cost Accommodation Details Entrance Hall Door to the entrance hall. Access to all rooms. Storage cupboard.
Lounge 13' 11" x 12' ( 4.24m x 3.66m ) Double glazed window to the rear and side aspect. Radiator. Kitchen 15' 1" x 11' 8" ( 4.60m x 3.56m ) Two double glazed window to the side aspect.
Fully fitted kitchen with a range of base and wall mounted units comprising of cupboards and drawers. Sink with drainer. Space for cooker. Space and plumbing for washing machine.
Bedroom One 13' 11" max x 10' ( 4.24m max x 3.05m ) Double glazed window to the side aspect. Radiator. Bedroom Two 10' 8" x 9' 10" ( 3.25m x 3.00m ) Double glazed window to the side aspect. Radiator.
Bathroom Obscure double glazed window to the side aspect. Panelled bath with shower over and wash hand basin. Partially tiled to water sensitive areas.
Cloakroom Obscure double glazed window to the side aspect. Two piece suite comprising of Low Level WC and wash hand basin.
External Features Parking A shared car park is available We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 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.
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
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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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FAQ
About 64, Stepstairs Lane, Cirencester
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