Worst House on the Street Logo
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

£465,000
Listed on 09/01/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached bungalow located in South Cerney, Gloucestershire, presents a compelling opportunity for renovation and investment. Set on just under an acre of land, the property includes a double garage and two lakes, providing an appealing natural backdrop. Notably, there is also historical planning permission for the development of five additional dwellings on the site, which could significantly enhance the property's value. The spacious interior features well-proportioned rooms including a large living room and kitchen breakfast room, as well as multiple bedrooms with ensuite facilities. This property is suited for those looking to undertake substantial renovations or redevelopment, given its potential for expansion and modernisation.

Investment Analysis

(GL7 area)
Area Average
£400/sq ft
Avg Rent (weekly)
£386
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (GL7)

Area prices are falling by +3.3% over the last 12 months
3 year growth: -4.0%
5 year growth: 10.2%
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.

Location

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

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,703
Based on a loan of £348,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE