2-bedroom house · GL17 9AT
Listing removedReduced £5k (−1.7%) on 22 SepListed 205 days
Opportunity summary
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About
The property is situated on the outskirts of Drybrook village to the west of the Forest of Dean. It is a deceptively spacious mid-terrace cottage with a completely refurbished smart modern interior.
The lower ground floor is a large well-appointed family kitchen dining room with bi-folding doors onto a private sunny courtyard.
A focal point of the sitting room is an original fireplace with wood burning stove.
There are two first floor bedrooms and stylish family bathroom with a spacious second floor attic room with potential to convert to a third bedroom with the relevant planning and building consents.
The cottage is tastefully decorated and presented in excellent order throughout.
There is detached garage/workshop accessed from the rear and ample parking space on the drive to the front of the cottage. Porch Enclosed porch leading to the sitting room.
Sitting Room Bright spacious dual aspect sitting room, under stair storage cupboard, original fireplace with inset wood burning stove, stairs to first floor and lower ground floor kitchen/dining room.
Kitchen-Dining Room A large open plan kitchen designed for family dining and entertaining.
Full range of fitted shaker style cabinets and island breakfast bar with solid wood surfaces, butler style kitchen sink, range cooker, integrated dishwasher, fridge/freezer, door to the laundry/ cloakroom and bi-folding doors to rear courtyard.
Laundry - Cloak Room A good practical space with WC and plumbing for the washing machine. Galleried Landing Doors to bedrooms 2,3 and family bathroom, stairs to second floor.
Bedroom 1 A peaceful double room overlooking the rear garden. Bedroom 2 Double bedroom with picture window to the front.
Family Bathroom A stylish fully refurbished shower room, large walk-in shower, fitted wash basin and WC unit, fully tiled. Attic Room A large open room with vaulted ceiling and Velux roof light.
Would make a fantastic double bedroom with the necessary planning and building consents.
Garage - Workshop 5.98m x 3.86m (19'7" x 12'8") A large detached garage with power supply, (accessed from the rear by 'right of way' over neighbouring property).
Outside The paviored drive to the front has space to accommodate a motor home. The sunny enclosed courtyard and patio to the rear is a private sheltered spot to relax.
The lawn is enclosed by picket fence and tall established hedge. There is access to the garage/workshop from the rear garden via a 'right of way' over a neighbouring property.
Directions What3Words - ///crisper.bandstand.firming From the traffic lights at Hawkwell, A4136, follow Morse Road in the direction of Ruardean. Pass Hales Builders Merchants on the right.
After a short distance the property is set back on the right hand side.
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
Agent & docs
FAQ
About 2 Jovial Cottages, Morse Road, Drybrook
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