3-bedroom house · GL7 2AX
For saleReduced £15k (−2.5%) on 15 SepListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain is this charming and well proportioned Grade II Listed terraced home sitting in the heart of Cirencester.
The accommodation is arranged over three floors with the ground floor comprising entrance hall, cloakroom, generous sitting room, separate dining room and kitchen.
The first floor offers two double bedrooms and a family bathroom while the second floor offers a sizable study landing, with potential to partition off to create a further bedroom, that leads to the third double bedroom.
Outside, a private rear courtyard garden is accessed off the kitchen.
Thomas Street is an attractive street in the old part of Cirencester, predominantly lined with an interesting mixture of period cottages and more substantial town houses, within a 0.25 mile walk of the Market Place, town centre.
The market town of Cirencester is often referred to as the 'Capital of the Cotswolds'.
It is ideally located with the M4, M5 and M40/A40, the mainline train station at Kemble and excellent bus and coach links all within easy reach.
Cirencester benefits from high street stores, independent specialist retailers, and a weekly market. There are also several delightful bistros, cafes, wine bars and public houses to suit all tastes.
Cirencester boasts a community hospital, leisure centre, arts and craft centre, award winning museum, a theatre and a lovely outdoor swimming pool.
Nearby there is golf, tennis, riding, football, rugby and cricket, and within the town a bowls club. There are excellent primary and secondary state schools and a sixth form college campus.
There are also good independent schools in the surrounding areas.
The Royal Agricultural University is located just outside of the town and the area has numerous open green areas to visit for picnics and walks.
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
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FAQ
About 2, Thomas Street, Gloucestershire
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