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See how verdicts work3-bedroom bungalow · GL51 3BX
For saleReduced £10k (−2.3%) on 23 SepListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this outstanding, fully extended and fully refurbished three double bedroom bungalow set in the ever-popular Warden Hill Catchment area.
This fine property comes complete with new kitchen, new bathroom, new electrics and new plumbing throughout.
This immaculate single-story bungalow must be one of the finest and most complete restoration homes we have seen in a long time.
From the new front drive to the newly laid rear garden, everything has been replaced with replastered walls, with new electrics and central heating. The ceilings have been replastered too.
The rear extension houses a brand new fully fitted kitchen creating the highly desirable kitchen/Diner / day-space, often requested by buyers.
Small attentions to detail include a small side extension to the old kitchen to create a third double bedroom, a huge undertaking for minimal benefit, but all designed purely for the comfort of the buyer, and the result is breathtaking.
The accommodation on offer includes: Ground Floor The side located entrance gives access to the entrance hall. The two traditional bedrooms are both front facing.
The bathroom has all new fittings throughout. A further door gives access to the living room with a door off to one side leading to the third bedroom.
Across the back of the property is an exceptional 23' x 13' kitchen/dining room, fully fitted with all new fittings and appliances.
Outside The frontage provides ample parking for vehicles; the side access has been well landscaped with clean simple lines.
The rear garden enjoys a good degree of privacy and, although the property has been extended, there is still a good sized newly laid patio and lawned garden.
Summary Here we have, what can only be described as the closest thing to a new bungalow as you will ever see.
The owner (a local Gloucestershire man) has an enormous amount of pride in this project, and we are convinced the buyer will be just as proud to own this wonderful labour of love.
Kitchen / Dining Area (7.08 x 4.01 (23'2" x 13'1")) Living Room (3.66 x 5.17 (12'0" x 16'11")) Bathroom (2.25 x 2.28 (7'4" x 7'5")) Bedroom One (3.05 x 4.25 (10'0" x 13'11")) Bedroom Two (3.65 x 2.71 (11'11" x 8'10")) Bedroom Three (2.87 x 2.87 (9'4" x 9'4"))
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 20, Wells Close, Cheltenham
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