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Back Lane, Fairford

South West

£575,000
Listed on 31/03/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1763 sqft

Description

This spacious detached bungalow is set on a generous southerly plot, providing a promising opportunity for renovation and investment in the attractive market town of Fairford. The home features practical living spaces including a sitting room with a woodburner, a dining room with electric fire, and four bedrooms suitable for family or guest accommodation. The kitchen, while functional, could benefit from modern updates to enhance usability. With two bathrooms—one of which is a shower room—and the potential to improve both indoor and outdoor areas, this property holds great value for those looking to refurbish. Enclosed verandahs on either side offer additional space that can be enhanced for leisure or utility. Outside, the mature gardens, complete with ponds and a vegetable plot, are ideal for landscaping enthusiasts and could be revitalized to create an inviting outdoor retreat. Off-road parking for multiple vehicles and garage access add to the property's practicality. Located within easy reach of local amenities and scenic riverside walks, this bungalow presents a solid foundation for creating an exceptional home through thoughtful renovations.

Investment Analysis

(GL7 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£326/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£781,926
10% above area average per sq ft
Potential ROI
+26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (GL7)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -6.6%
5 year growth: +9.8%
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

Back Lane, Fairford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,037
Based on a loan of £431,250 over 30 years at 3.91% 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.

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