We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · GL54 3JF
Sold STCReduced £35k (−9.1%) on 19 JulListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Originally a semi-detached bungalow built by Persimmon Homes in the mid-1980s, the property has been extended and reconfigured to provide two self-contained flats, with the first floor fully renovated and modernised.
Set at the head of a cul-de-sac with off-road parking, car port and south-facing landscaped gardens, the accommodation includes a well-proportioned ground floor flat and a contemporary open-plan first floor apartment.
7 Hammond Drive was built in the mid-1980s by Persimmon Homes and originally comprised a semi-detached bungalow.
Over the years, the property has been thoughtfully extended, reconfigured and enhanced, including the conversion of the first floor and a comprehensive re-design of the ground floor layout.
It now provides two well-appointed, self-contained flats, each with independent access.
Notably, the first floor has been fully renovated and modernised, offering a stylish and contemporary living environment.
The ground floor flat offers a spacious living room, fitted kitchen, two bedrooms, an en suite bathroom and a separate shower room with WC.
The first floor is accessed via an external stairwell leading to a hallway, opening into a modern open-plan living space incorporating kitchen, dining and seating areas, along with a double bedroom and shower room.
There is partial restricted head height. Externally, the property is positioned at the head of a small cul-de-sac and benefits from off-road parking and a car port.
To the rear, the gardens enjoy a southerly aspect and are predominantly hard landscaped, with an extensive paved terrace leading down to a lower level.
General Information and Directions Mains electricity, water and drainage are connected, oil fired heating. The property is banded as two dwellings for Council Tax purposes.
Ground floor flat Band ‘C’ charges 2026/27 £2,127.78 and first floor flat Band ‘B’ charges £1,861.81 Cotswold District Council The property is freehold offering vacant possession upon completion.
EPC Band ‘C’ (71). Broadband & Mobile signal checker. Northleach is approximately 11 miles north of Cirencester on the A429 (Fosseway).
On entering the town, take the first left into Midwinter Road, then the first left into Hammond Drive, number 7 will be seen towards the end on your left.
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
.png)
FAQ
About 7, Hammond Drive, Cheltenham
Explore nearby