3-bedroom terraced house · GL7 2NG
Sold STCListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought-after community of Stratton, 21 Thessaly Road is a three-bedroom end of terrace property offering excellent potential for modernisation.
On the ground floor, the property is entered via a porchway leading into a welcoming sitting room with feature fireplace.
From here, a hallway with understairs storage leads through to a generous kitchen, providing plenty of scope for a contemporary refit or extension (subject to planning).
Upstairs, there are two well-proportioned double bedrooms, a smaller third bedroom, and a family bathroom fitted with a large shower cubicle.
To the rear, the property enjoys a private garden and access to a single garage, offering secure parking or additional storage.
Although requiring modernisation throughout, this is a fantastic opportunity to create a wonderful family home in a desirable residential location.
NB: The roof is leased to Solar Sun 6 Ltd for a 25-year term for solar panels, with the lease due to expire in 2037.
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 and a lovely outdoor swimming pool. Nearby there is golf, tennis, riding, football, rugby and cricket.
There are excellent primary and secondary state schools and a sixth form college campus. There are also good independent schools in the surrounding areas.
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.
Area
Agent & docs

FAQ
About 21, Thessaly Road, Cirencester, Gloucestershire, GL7
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