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See how verdicts work10-bedroom house · GL14 2LG
For saleListed 78 days
Opportunity summary
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About
Description Exceptional Freehold Block of 12 Income-Producing Apartments An outstanding opportunity to acquire a fully let residential investment comprising 12 self-contained flats in the heart of Cinderford, Gloucestershire.
Converted from the former Railway Tavern, this substantial freehold development offers investors an established rental income with excellent long-term capital growth potential.
Investment Summary * Property: Freehold block of 12 apartments * Freehold investment * Current Annual Rental Income: £111,600 * Estimated Individual Flat Value: Approximately £170,000 each * Indicative Aggregate Individual Sales Value: Approximately £2.04 million (subject to market conditions) * Potential to build other 2 apartments (need planning permission) * Strong demand for rental accommodation in the local area Building- the former Railway Hotel after renovation, with the stone façade restored, new windows, landscaped parking area, and a smart residential appearance.
The apartments were finished to a high specification, featuring: * Open-plan living/kitchen - modern fitted kitchens with integrated appliances, oak flooring, and bright living spaces.
* Bedrooms - contemporary décor with neutral finishes and large windows. * Bathrooms - newly fitted modern bathrooms with quality fixtures.
* New electrical and plumbing systems * Off-road parking * Bicycle storage * Bin storage Excellent Location Situated on Station Street, Cinderford, the property occupies a convenient town-centre position within the Forest of Dean.
The location benefits from: Within a short walk: * Cinderford Town Centre - supermarkets, independent shops, cafés, banks and pharmacies.
* Forest of Dean District Council Offices - a major local employer. * Cinderford Bus Station - regular bus services to Gloucester, Coleford, Ross-on-Wye and surrounding towns.
* Several pubs, restaurants and convenience stores. Nearby Amenities * Forest of Dean Community Hospital - approximately 0.5 miles. * Forest High School - approximately 0.6 miles.
* Linear Park - popular walking and cycling routes. * Forest of Dean - one of England's best-known woodland destinations, attracting visitors year-round.
Road Connections The property benefits from good transport links: * Gloucester - approximately 15 miles (around 30 minutes) * Cheltenham - approximately 22 miles * Monmouth - approximately 12 miles * M5 Motorway - approximately 16 miles Why Investors Like This Location * Established residential neighbourhood.
* Strong demand from local professionals, nhs staff, council employees and retirees. * Excellent access to the wider Forest of Dean employment area.
* Nearby outdoor recreation enhances the appeal for long-term tenants. * Good balance of affordable housing prices and consistent rental demand.
Areas: * flat 1 -45.5m2 * flat 2 -43.9 m2 * flat 3 -45.5m2 * flat 4 -43.9m2 * flat 5 -66.4m2 * flat 6-39.1m2 * flat 7 -40.3m2 * flat 8 -39.1m2 * flat 9 -40.3m2 * flat 10 -62.0m2 * flat 11 -47.6m2 * flat 12 -47.6 m2 Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About The Railway Tavern,Station Street ,Clinderford, Clinderford
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