We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · GL18 1PY
Listing removedListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly modernised three bedroom semi-detached house with modern kitchen and bathroom, in excellent decorative order throughout, 55' X 30' rear garden, garage and block paved driveway, close access to the town centre, situated in a popular location.
Entrance via side aspect double glazed front door into: Entrance Hall (2.31m x 1.96m (7'07 x 6'05)) Herringbone engineered flooring, stairs leading off, door into storage cupboard.
Lounge (5.31m x 3.10m (17'05 x 10'2)) Continuation of herringbone flooring, modern electric radiator, recently installed cast iron log burner with slate hearth, two front aspect windows.
Kitchen / Diner (3.73m x 2.84m (12'03 x 9'04)) Modern fully fitted kitchen comprising of a range of base and wall mounted units with laminated worktops and brick effect splashbacks, single drainer sink unit with mixer tap, integrated fridge / freezer, integrated washing machine, electric range oven with five ring induction hob and hot plate, usb power points, inset spotlighting, rear aspect double opening French doors to the gardens.
Bathroom (2.31m x 1.68m (7'07 x 5'06)) Suite comprising p-shaped bath with inset and overhead detachable shower system, vanity wash hand basin with mixer tap and cupboard below, built-in WC, fully tiled floor and walls, inset spotlighting, side and rear aspect frosted windows.
From the entrance hall, stairs lead to the first floor. Landing Door to over the stairs wardrobe with hot water tank, side aspect window. Bedroom 1 (3.73m x 2.92m (12'03 x 9'07)) Rear aspect window.
Bedroom 2 (3.51m x 3.10m (11'06 x 10'02)) Modern electric panel heater, front aspect window overlooking the recreation ground.
Bedroom 3 (2.84m x 2.31m (9'04 x 7'07)) Modern electric radiator, rear aspect window.
Outside The front gardens are a generous size and comprise of lawned areas with well tended flower borders surrounding, enclosed by low-level brick walling.
A newly installed block paved driveway and pathway lead to: Garage (4.98m x 2.49m (16'04 x 8'02)) Side access door, power from the house to a light, double opening doors to the front.
A gated access from the front, leads to the block paved area, an inner courtyard area, front door, seating area, personal doors into the garage and shed.
Gated access to the rear garden, which has been re-landscaped by the current vendors, to comprise block paved seating area, further patio seating area, pergola, outside water tap.
The block paved pathway leads to the rear of the garden which has also been re-landscaped to provide large lawn areas for low maintenance, all enclosed by block walling, wood panel fencing with concrete posts, several shrubs, fruit trees etc.
Services Mains electricity, water and drainage. Mobile Phone Coverage / Broadband Availability It is down to each individual purchaser to make their own enquiries.
However, we have provided a useful link via Rightmove and Zoopla to assist you with the latest information.
In Rightmove, this information can be found under the brochures section, see "Property and Area Information" link.
In Zoopla, this information can be found via the Additional Links section, see "Property and Area Information" link. Water Rates Severn Trent - to be confirmed.
Local Authority Council Tax Band: C Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG. Tenure Freehold.
Viewing Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required.
Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.
Directions From our Newent office, proceed straight over into Watery Lane where the property can be found on the left hand side as marked by our 'For Sale' board, opposite the recreation ground.
Property Surveys Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).
Awaiting Vendor Approval These details are yet to be approved by the vendor. Please contact the office for verified details.
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
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 124, Watery Lane, Newent
Explore nearby