We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · GL15 4ND
Listing removedReduced £7k (−2%) on 9 AugListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Characterful former school conversion offering three double bedrooms with over 2000 sq ft of spacious accommodation over three floors, two reception rooms, a well-fitted kitchen, two en-suites, and an attractive garden with woodland walks on the doorstep.
Entrance Hallway (6.27m x 3.07m (20'07" x 10'01")) Accessed via part glazed wooden double doors, with radiator, power points and attractive wooden panelled walls, along with a charming original feature board dating back to the building’s former use as the village school.
Kitchen (4.22m x 3.63m (13'10" x 11'11" )) Fitted with a range of base, wall and drawer mounted units with quartz worktops, single bowl single drainer sink unit with stainless steel mixer tap, four ring electric hob with stainless steel extractor hood above, built-in double ovens, space for fridge and space and plumbing for dishwasher, with front and side aspect UPVC double glazed windows and access to loft space.
Dining Room (5.59m x 4.22m (18'04" x 13'10" )) A spacious reception room with radiator, power points and electric fireplace, storage cupboard and internal windows providing characterful borrowed light into the hallway, with glazed wooden concertina doors opening into the lounge.
Lounge (5.64m x 3.61m (18'06" x 11'10" )) A generous reception room with radiators, power points, television point, coving and feature fireplace with inset electric fire, with front aspect UPVC double glazed window.
Inner Hallway (5.03m x 3.94m max (l shaped) (16'06" x 12'11" max) With double doors to understairs storage cupboard, power points, side aspect wooden double glazed window and door leading into the porch.
Porch With door providing access to the side of the property.
Bathroom (3.20m x 3.12m (10'06" x 10'03" )) White suite comprising panelled bath, vanity wash hand basin, WC and walk-in shower with mains shower over, heated towel rail, part tiled walls and Velux roof light.
Utility Room Fitted with base units with rolled edge worktops, single bowl single drainer stainless steel sink unit, space and plumbing for washing machine and space for tumble dryer, with oil fired central heating combi boiler, heated towel rail, loft access and front aspect wooden double glazed window.
First Floor Landing With radiator, power point and airing cupboard with shelving.
Bedroom One (4.32m x 3.86m (14'02" x 12'08" )) With radiator, power points, built-in wardrobes and front aspect UPVC double glazed window.
Ensuite (3.30m x 1.68m (10'10" x 5'06" )) White suite comprising corner shower unit with mains shower, bidet, pedestal wash hand basin, WC, radiator, tiled walls and side aspect UPVC double glazed window.
Bedroom Two (4.11m x 3.43m (13'06" x 11'03" )) With radiator, power points, built-in wardrobes and side aspect UPVC double glazed window.
Second Floor Bedroom Three (8.00m x 3.94m (26'03" x 12'11" )) A large loft style bedroom with radiator, power points, built-in wardrobe with double doors, additional walk-in wardrobe, Velux roof light and internal window overlooking the landing below.
Ensuite Cloakroom (1.91m x 1.65m (6'03" x 5'05" )) Comprising WC and pedestal wash hand basin with tiled splashback and radiator.
Outside The property enjoys a charming enclosed garden located to the front, mainly laid to lawn with patio seating areas and well stocked planted borders.
Mature shrubs, stone walls and attractive planting create a private and established outdoor space, ideal for relaxing or entertaining.
The garden enjoys a pleasant outlook and benefits from immediate access to nearby woodland, with scenic walks quite literally on the doorstep. Services Mains Water, Drainage, Electricity and Oil.
Mobile Phone Coverage/Broadband Availability It is down to each individual purchaser to make their own enquiries.
However, we have provided a useful link via Rightmove and Zoopla to assist you with the latest information.
In Rightmove, this information can be found under the brochures section, see "Property and Area Information" link.
In Zoopla, this information can be found via the Additional Links section, see "Property and Area Information" link. Water Rates Severn Trent - rates to be advised.
Local Authority Council Tax Band: C Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG. Tenure Freehold.
Viewings Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required.
Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.
Directions From Coleford town centre proceed to the traffic lights and turn right signposted Lydney/Chepstow, turn left onto Lords Hill and proceed along to the crossroads, continue straight over onto Parkend Road and proceed along for 3-4 miles.
On reaching Parkend turn right just after the cricket club onto New Road, proceed a long for a short distance and turn left at the crossroads, continue along for 3-4 miles where the property can be found on the left hand side opposite Viney St Swithins Sports & Social Club.
Property Surveys Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys) Awaiting Vendor Approval These details are yet to be approved by the vendor.
Please contact the office for verified details.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
.png)
FAQ
About 2, The Old School, Road From Junction With St Swithins Road To Juncti, Lydney
Explore nearby