Cranhams Lane, Cirencester
BU

Cranhams Lane, Cirencester

By Butler Sherborn

£ 1,650,000

Reviews

3 out of 5 stars

Butler Sherborn says ..

A substantial Listed property on the edge of Cirencester, in need of updating, set in 6.15 acres with residential development potential. The Cranhams, with it’s 6.15 acres, is a handsome early Victorian stone property built over four floors and believed to date back to 1838. A later Vict...

Property Oracle says ..

This substantial Victorian property in the Cotswolds presents a unique opportunity, but with caveats. The property’s location in Chesterton, Cirencester, is highly desirable, offering a blend of tranquility and proximity to amenities. The substantial 6.15-acre plot is a major selling point. However, the property is clearly in need of a full refurbishment. The internal photos showcase dated interiors, requiring significant investment to bring it to modern standards. While the external structure appears well-maintained, the internal condition suggests a need for extensive renovation. The price point of £1,650,000 needs to be evaluated against the cost of renovation, alongside considering comparable properties in the area to determine its true value. Potential buyers should budget for substantial renovation costs, as the interior design, kitchen, and bathroom would require a complete overhaul. The large land offering however makes this a substantial purchase opportunity in a desirable location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
8
Bedrooms
10
Bathrooms
6
Sqft (est)
7,255.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
241,538.00 £
Decreased by 4.18 %
from 252,064.00 £
Est sale value
2,009,635.00 £
Increased by 2.97 %
from 1,951,595.00 £
Average area rental value
846.00 £/mo
Increased by 4.19 %
from 812.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.20 %
Increased by 8.53 %
from 3.87 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Butler Sherborn created the listing.

Nearby Schools

NameTypeOfstedDistance
Chesterton Primary SchoolAcademy Sponsor Led0.74 KM
Paternoster SchoolAcademy Special Sponsor Led1.66 KM
Cirencester CollegeFurther EducationGood1.69 KM
Springboard Children'S Centre (Cirencester)Children's Centre1.72 KM
Cirencester Deer Park SchoolAcademy ConverterGood1.81 KM

Images

220724TheCranhams-1001.jpg 220724TheCranhams-1023.jpg 220724TheCranhams-1019.jpg 220724TheCranhams-1022.jpg 220724TheCranhams-1026.jpg 220724TheCranhams-1006.jpg 220724TheCranhams-1004.jpg 220724TheCranhams-1010.jpg 220724TheCranhams-1011.jpg 220724TheCranhams-1017.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Michaels Mead £ 000.00 KM
Kemble Drive £ 260,00000.00 KM
Wilkinson Road £ 586,97200.00 KM
Richardson Close £ 000.00 KM
Colonel Drive £ 577,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Kemble3325KEM5.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cranhams Lane, Cirencester £ 1,650,000BUY7 / 100.00 KM
Somerville Court, Cirencester, GL7 £ 615,000BUYUnknown0.20 KM
Haygarth Close, Cirencester, Gloucestershire, GL7 £ 350,000BUY7 / 100.27 KM
Haygarth Close, Cirencester, Gloucestershire £ 300,000BUY7 / 100.29 KM
Haygarth Close, Cirencester, Gloucestershire £ 175,000BUYUnknown0.29 KM

Nearby Properties

AddressPriceDistance
12 College View £ 440,0000.13 KM
11 College View £ 419,0000.13 KM
6 College View £ 547,5000.13 KM
8 College View £ 440,0000.13 KM
3 College View £ 510,0000.13 KM