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Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 1
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 2
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 3
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 4
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 5
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 6
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 7
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 8
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 9
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 10
Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX - Image 11

Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX

South West

£500,000
Listed on 09/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This spacious four-bedroom detached bungalow is set on a generous plot of just under an acre in South Cerney, Gloucestershire. The property features two natural lakes and a double garage, offering a unique combination of privacy and outdoor space. The interior boasts ample accommodation, including a large living room measuring 21'7" x 21'3" and a dining room at 16'9" x 16'6". The kitchen/breakfast room, with dimensions of 22'6" x 10'10", provides an inviting area for culinary pursuits and daily gatherings. Bedrooms are well-sized, with the main bedroom featuring an ensuite bathroom, while two additional bedrooms also offer ensuite facilities. A utility room adds to the practicality of this bungalow. One of the standout features of this property is its investment potential. There is historical planning permission granted for the development of five dwellings on-site, providing an opportunity for those interested in expanding or enhancing their investment portfolio. Detailed planning information can be accessed through the Cotswold District Council’s website under planning reference 20/04379/OUT. Located conveniently within South Cerney, residents can enjoy local amenities while being surrounded by picturesque countryside. This property not only represents a comfortable family home but also offers significant renovation and development opportunities for prospective buyers looking to capitalize on its location and potential. Regular viewing sessions will be scheduled leading up to the auction, allowing interested parties to explore the space and envision its possibilities firsthand. Further details regarding the property dimensions, full specifications, and legal documentation can be found on our website.

Investment Analysis

(GL7 area)
Area Average
£401/sq ft
Avg Rent (weekly)
£367
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL7)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 0.8%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on GL7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Two Lakes Bungalow, Oak Way, South Cerney, Cirencester, Gloucestershire GL7 5XX
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