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 work2-bedroom property · GL16 8JA
Sold STCListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BEAUTIFULLY PRESENTED TWO BEDROOM DETACHED over 55'S HOLIDAY HOME situated on the POPULAR PARK OF WOODLANDS VIEW benetiting from having OFF ROAD PARKING FOR ONE CAR, GOOD SIZE GARDEN and OFFERED WITH NO ONWARD CHAIN.
The property is currently used as a holiday let and there would be an option for a new owner to take this over with current bookings already running in to next year.
Open Plan Lounge/Kitchen/Dining - 6.20m x 5.87m (20'4 x 19'3) - Accessed via a upvc sliding door, electric fire, television point, power points, radiators, a range of base, drawer and wall mounted units, built in fridge/freezer, built in dishwasher, built in microwave, stainless steel single bowl single drainer sink unit with tap over, oven with four ring electric hob, front and side aspect upvc double glazed windows, door to: Inner Hallway - Radiator, cupboard space, door to: Bathroom - 2.01m x 2.01m (6'7 x 6'7) - Modern panelled bath with shower attachment over, close coupled WC, heated towel rail, sink with tap over, extractor fan, side aspect upvc double glazed frosted window.
Bedroom 1 - 3.25m x 2.90m (10'8 x 9'6) - Radiator, power points, side aspect upvc double glazed window, door to: Walk In Wardrobe - 1.63m x 1.35m (5'4 x 4'5) - Radiator, shelving, drawers and hanging space.
En-Suite - 1.63m x 1.50m (5'4 x 4'11) - Corner shower cubicle with shower attachment over, close coupled WC, vanity wash hand basin, heated towel rail, side aspect upvc double glazed frosted window.
Bedroom 2 - 3.02m x 2.90m (9'11 x 9'6) - Radiator, power points, side aspect upvc double glazed window, door to: Walk In Wardrobe - 2.01m x 1.14m (6'7 x 3'9) - Radiator, shelving, drawers and hanging space.
Outside - The property occupies a corner, edge of site plot and enjoys a lovely wrap around lawn. There is off road parking for one vehicle.
Agents Note - The property has a 15% sell on clause which would need to be paid by the seller to the site owner on completion.
Furthermore the site is classed as a holiday park so you cannot class this as your main residence and cannot live here 365 days a year. Ground Rent - £289.00 per month.
Services - Mains water, shared site soakaway, LPG gas, mains electric. Water Rates - Price included in the ground rent charge. Tenure - Leasehold in Perpetuity.
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, continue up the hill passing the petrol station on the left had side and proceed over the next set of traffic lights.
Proceed along here turning left towards Sling football pitch and continue into Woodlands View where the property can be found.
Property Surveys - Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys)
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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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 Chepstow Road, Sling, Coleford
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