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See how verdicts work2-bedroom flat · GL7 1EL
Listing removedListed 338 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, conveniently situated in central Cirencester is this spacious and well presented two bedroom, first floor apartment within this sought after former flour mill, converted in 1998, further benefitting from off street parking and communal gardens.
Entrance into the main building is via a secure entry system which leads into the main communal hallway. There are both stairs and a lift to the first floor.
The apartment's accommodation comprises hall with storage cupboard, two bedrooms with the principal bedroom benefitting from an en-suite shower room and built-in wardrobe, there is also a Jack and Jill shower room.
The hall leads to a generous sitting room with a fitted kitchen dining room beyond. Outside there is an allocated parking space with visitors spaces and lovely communal gardens to enjoy.
The tenure is Leasehold with an original term of 999 years from 29th September 1998 Maintenance and Service Charge: 01.04.2024 to 31.3.2025 was £2800.76 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
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FAQ
About Lewis Lane, Cirencester, Gloucestershire, GL7
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