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    1. Home
    2. Gloucester properties
    3. 2 bed bungalow for sale in Prosper Lane, Coleford GL16
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    Prosper Lane, Coalway, Coleford, GL16 7JW

    2-bedroom bungalow · GL16 7JW

    563 sq ft1 bathSEMI-DETACHED BUNGALOW · VILLAGE LOCATION · NEAR TO WOODLAND WALKS
    Asking
    £220,000
    Non-standard constructionTenanted

    For sale · Listed 258 days

    Tenanted
    Investor metrics
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    Opportunity summary

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    About

    The property

    ***VIRTUAL TOUR AVAILABLE*** Dean Estate Agents are excited to offer to the market this well presented bungalow with a gated block paved driveway, low maintenance garden to the front & rear and outbuilding for storage.

    The semi-detached home boasts a spacious lounge, kitchen, two bedrooms and a modern family bathroom.

    Coalway is a well-placed Forest of Dean village on the edge of Coleford, popular with buyers who want a quieter setting while still being close to everyday amenities.

    It has a friendly, community feel and is surrounded by the area’s trademark woodland and countryside walks, making it ideal for anyone who enjoys the outdoors.

    The village offers convenient access to Coleford’s shops, cafés, schools and leisure facilities, along with straightforward road links for commuting across the wider region.

    Approached Via Upvc Double Glazed Front Door Into: - Lounge: - 4.47m x 3.06m (14'7" x 10'0") - UPVC double glazed window to front aspect, power & lighting, TV point, radiator, door to kitchen/dining room & bedroom one.

    Kitchen/Dining Room: - 4.13m x 2.48m (13'6" x 8'1") - A range of eye level and base units, space for fridge/freezer, space & plumbing for washing machine, gas stove with extractor hood above and gas oven below, stainless steel one and a half bowl sink with drainer unit, UPVC double glazed window to rear aspect, power & lighting, door to bedroom two & bathroom.

    Bedroom One: - 3.12m x 2.87m (10'2" x 9'4") - UPVC double glazed window to front aspect, power & lighting, radiator.

    Bedroom Two: - 3.09m x 1.59m (10'1" x 5'2") - UPVC double glazed window to side aspect, power & lighting, radiator.

    Bathroom: - 2.42m x 2.01m (7'11" x 6'7") - Wall tiling, airing cupboard, W.C., hand wash basin, shower over the panelled bath, lighting, shaver point, extractor fan.

    Outside: - To the front of the property there is gated access to the block paved driving leading to the front of the property and the rear. There is ample off road parking for multiple vehicles.

    To the rear is a low maintenance courtyard style garden with an outbuilding. Outbuilding: - 3.44m x 2.57m (11'3" x 8'5") - Power & lighting.

    Consumer Notes: Dean Estate Agents Ltd have prepared the information within this website/brochure with care and co-operation from the seller.

    It is intended to be indicative rather than definitive, without a guarantee of accuracy.

    Before you act upon any information provided, we request that you satisfy yourself about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose.

    These details do not constitute any part of any Offer, Contract or Tenancy Agreement.

    Photographs used for advertising purposes may not necessarily be the most recent photographs, although every effort is made to update photographs at the earliest opportunity.

    Any reliance you place on such information is therefore strictly at your own risk.

    All photographic images are under the ownership of Dean Estate Agents Ltd and therefore Dean Estate Agents retain the copyright.

    You must obtain permission from the owner of the images to reproduce them.

    Tenanted Properties – we are not always able to show the most recent condition of a property due to tenants’ privacy and we may choose to show the photographs of the property when it was last vacant to at least allow clients some idea of the internal condition.

    Therefore, we would of course, urge you to view before making any decisions to purchase or rent the property and before any costs.

    Energy Performance Certificates are supplied to us via a third party and we do not accept responsibility for the content within such reports.

    PRC Certificates – Some ex-local authority properties have been repaired in recent years using the PRC Scheme wherein a certificate has been produced by a qualified property engineer.

    This certificate does not imply the suitability for a mortgage approval and you must satisfy yourself of the work carried out that may meet your lenders criteria.

    As with leasehold property or new build development sites, you are likely to be responsible for a contribution to management charges and/or ground rent or a contribution to the development service charge.

    Please enquire at the time of viewing.

    You may also incur fees for items such as leasehold packs and, in addition, you will also need to check the remaining length of any lease before you complete a mortgage application form.

    Please ask a member of our team for any help required before committing to purchase a property and incurring expense.

    Tenanted

    Key information

    Price per Square Foot
    £391/sq ft
    Based on 563 sq ft (52 sq m)
    Floor Area
    563 sq ft (52 sq m)
    Council Tax Band
    Band A
    Estimated ~£1200/year
    Tenure
    Freehold
    Heating
    Ask agent
    Local Authority
    Forest of Dean District
    District
    County
    Gloucestershire County
    Property features
    • SEMI-DETACHED BUNGALOW
    • VILLAGE LOCATION
    • NEAR TO WOODLAND WALKS
    • AMPLE OFF ROAD PARKING
    • LOW MAINTENANCE GARDENS & OUTBUILDING
    • TWO BEDROOMS
    • MODERN BATHROOM
    • SPACIOUS LOUNGE
    • LARGE KITCHEN WITH PLENTY OF STORAGE
    • MUST BE VIEWED
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    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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 advisors before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market258 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market258
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    First listedListed at £220,00006-02-2026
    Still activeDay 258 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    30 nearby
    Schools
    More market detail▾
    GL16 · Live market data · bungalow only
    GL16 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Dean Estate Agents, Coleford logo
    Dean Estate Agents, Coleford
    listed on rightmove
    01594835751
    14 St. John Street Coleford GL16 8AR
    View on rightmove

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    Planning & investor docs
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    FAQ

    Questions

    About Prosper Lane, Coalway, Coleford

    How much is Prosper Lane, Coalway, Coleford?
    The asking price is £220,000.
    What kind of property is Prosper Lane, Coalway, Coleford?
    A 2-bedroom bungalow in GL16 7JW.

    Explore nearby

    More nearby

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