1-bedroom house · GL16 7QY
For saleReduced £5k (−5%) on 16 SepListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ground floor one bedroom apartment benefiting from its own private entrance, off-road parking and no onward chain.
Offering well proportioned accommodation throughout, this property is an ideal first time buy, investment or lock-up-and-leave home, conveniently situated within easy reach of local amenities.
Kitchen (3.81m x 2.11m (12'06" x 6'11")) Accessed via a part double glazed uPVC entrance door.
Fitted with a range of base and wall mounted units with rolled edge worktops, single bowl single drainer stainless steel sink unit with mixer tap, space and plumbing for a washing machine, space and plumbing for a dishwasher, space for a fridge, tiled flooring, radiator, power points, appliance points, wall mounted Worcester combination boiler, built-in storage cupboard, rear aspect double glazed uPVC window, opening through to: Lounge (3.38m x 3.05m (11'01" x 10'00")) Radiator, power points, television point, rear aspect double glazed uPVC window.
Bedroom (3.40m x 3.05m (11'02" x 10'00")) Radiator, power points, rear aspect double glazed uPVC window.
Bathroom (2.21m x 2.11m (7'03" x 6'11")) White suite comprising panelled bath with electric shower over, vanity wash hand basin and low level WC, tiled flooring, part tiled walls, radiator, extractor fan.
Services Mains water, electricity, gas and drainage. 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 To be advised.
Local Authority Council Tax Band: A Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.
Tenure Leasehold - Share of Freehold Approx £50 / month service charge Viewing 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 left into Bank Street, continue along taking the second turning right signposted Berry Hill.
Continue up the hill to the crossroads and turn right, proceed along until reaching the traffic lights and turn left into Park Road.
Proceed along here and take the first turning left into Chapel Road where the apartment block can be found on the left hand side via our for sale board.
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
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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
FAQ
About 2, Zion Apartments, Chapel Road, Coleford
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