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See how verdicts work2-bedroom flat · GL7 2QU
Listing removedListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculately presented two-bedroom apartment has recently undergone an extensive programme of refurbishment, offering contemporary living in a sought-after setting with attractive views towards the parish church.
Positioned on the second floor, the apartment is reached via a communal entrance and staircase.
A private front door opens into a central hallway, where a useful storage cupboard provides practical everyday space. The accommodation is well balanced and flooded with natural light.
The spacious living room enjoys a pleasant outlook over the communal grounds, while the newly installed kitchen has been thoughtfully designed with a stylish range of units, integrated appliances and space for dining.
Both bedrooms are comfortable doubles, each benefitting from far-reaching views and a peaceful outlook.
A sleek, modern shower room has also been fitted to a high standard, completing the accommodation.
Externally, residents have access to attractive communal gardens, providing a lovely outdoor space to relax and enjoy.
The property also benefits from a private single garage and outdoor storage cupboard. The apartment is Leasehold with an original term of 999 years from 1st August 1991.
Service Charge is £1600 per annum, with a Peppercorn Ground Rent. 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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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 24, Abbey House, Gloucestershire
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