2-bedroom bungalow · GL6 9BY
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1a Ricardo Road is detached bungalow in a quiet residential road on the outskirts of ever popular Minchinhampton.
This location allows for easy access to the shops and amenities of this historic market town, with hundreds of acres of National Trust land just up Windmill Road on Minchinhampton and Rodborough commons.
The bungalow was built more recently than many properties in the road and is spacious, with large rooms, laid out sensibly over one floor.
You walk into a generous entrance hall, with the bedrooms set to either side. Both of these double rooms have built in cupboards and storage.
A 17' sitting room is at the back of the house, and this connects to a 13' dining room, which we think may have been a third bedroom originally.
It is now very much a reception room, with glazed sliding doors that open onto a conservatory, with the garden beyond this.
A kitchen with utility lobby off, bathroom with separate shower cubicle and cloakroom/W.C. Complete the accommodation.
The property is in need of some improvement, but is that ideal 'blank canvas', ready for a buyer to create a home to their own taste and standards.
Available with no onward chain, and very much one for your viewing list in our opinion. The property benefits from a gated driveway a large integral double garage and gardens to three sides.
The driveway is at the front of the bungalow, with parking for several vehicles.
There is a gravelled and paved area to the front of the house, and the front lawn, that stretches around to the side of the house, with this area edged by a large beach hedge.
There is access to the rear of the house via either side, with the majority of the garden at the rear of the property.
A paved sitting area is set to the immediate rear of the house with a level lawn to the rear. This is enclosed with reconstituted stone walling and edged with borders planted with established shrubs.
The double garage is integral, measuring 20'6" x 16'2", with power, light and an electrically operated up and over door.
The ancient Cotswold town of Minchinhampton is close by and provides a selection of local facilities including post office, butcher, grocer and restaurants in addition to a doctors’ surgery, library and well regarded primary school.
Minchinhampton Common, extending to some 600 acres largely vested in the National Trust, lies on one side of the town, whilst on the other side there is a spectacular series of deep wooded valleys providing delightful walks.
More extensive facilities are available in Nailsworth and Stroud, which are both within four miles.
Stroud train station provides regular services to London Paddington and junctions of the M4 and M5 Motorways are also within easy reach. Property Information The property is freehold.
Gas central heating, mains electricity, water and drainage. The council tax band is E.
We have checked the service and reception levels available locally through the ofcom network checker and the broadband services available include superfast, and you are likely to have full service from all major mobile providers outside the property, although reception may be limited inside the bungalow.
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.
Area
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FAQ
About 1a, Ricardo Road, Stroud
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