3-bedroom bungalow · GL3 3SX
Listing removedListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Having undergone an extensive remodel and refurbishment throughout, this three bedroom detached bungalow offers a fantastic opportunity to buy a modern and practical property.
The front door opens into a welcoming hallway with utility room. Through the entrance hall is the stunning open plan living / dining room which is bathed in natural light from triple aspect windows.
A modern kitchen is well fitted with Corian worktops, a good range of units, fitted oven and dishwasher. At the rear of the property sit three double bedrooms and a modern bathroom.
Externally, the South-facing rear garden is a pleasant and private space with an area to lawn and seating.
A patio to the side of the property can be accessed from the living room and benefits from evening sunsets. The front garden features lawn and shrubbery with a driveway.
Colerne Drive is a popular location within Hucclecote and offers excellent access to local shops, amenities and bus routes. Entrance Hall (2.39m x 2.21m) Composite front door into entrance hall.
Lvt flooring. Radiator. Living / Dining Room (7.88m x 3.29m) Stunning open plan space with large double glazed window to front and French doors to side. Feature fireplace. Three radiators.
Lvt flooring. Kitchen (3.45m x 2.19m) Newly fitted kitchen with a good range of wall, base and drawer units. Corian worktop. Composite sink with draining board and mixer tap. Fitted oven.
Hob with extractor hood. Fitted dishwasher. Double glazed window and door to rear. Lvt flooring. Utility Room (2.23m x 2.23m) Unit with basin and plumbing for washing machine. WC.
Double glazed window to side. Lvt flooring. Internal Hallway (2.98m x 0.85m) Access to loft via hatch. Lvt flooring. Storage cupboard.
Bedroom One (2.99m x 3.28m) Double bedroom with double glazed window to rear. Vertical radiator. Lvt flooring. Bedroom Two (3.18m x 2.97m) Double bedroom with double glazed window to front.
Vertical radiator. Lvt flooring. Bedroom Three (3.10m x 3.27m) Double bedroom with double glazed window to rear. Vertical radiator. Lvt flooring. Bathroom (1.93m x 2.32m) Newly fitted modern bathroom.
Double glazed window to side. WC. Basin with cupboard under. Bath with shower over. Heated towel rail. Lvt flooring. Rear Garden Pleasant rear garden laid to lawn with mature borders and seating area.
Side access. Fence surround. Front Garden Front garden which wraps round to the side of the property. Mostly laid to lawn with shrubbery.
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.
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FAQ
About 14 Colerne Drive, Gloucester
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