3-bedroom property · GL18 1SZ
Listing removedReduced £14.5k (−5.2%) on 28 JunListed 452 days
Opportunity summary
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About
Offered with no chain is this extended three/four bedroom family home on the popular Lakeside development in the market town of Newent.
Close to local amenities, lake and park land and offering vast potential. Viewings are highly advised.
Living Room Accessed via entrance hall, a generous room with front aspect bay style window and door leading into dining area.
Dining Room Stairs to the first floor are off the dining room and archway opens up into the kitchen. Door leads into the conservatory at the rear of the home.
Kitchen A range of base and wall mounted units with rolled edge worktops, stainless steel sink unit, space for appliances, window into conservatory and access from entrance hall.
Conservatory At the rear of the rear of the property and gives access out and views over the garden and has a door leading through to ground further accommodation and storage area that was part of original garage.
Ground Floor Bathroom Suite comprising bath, WC and wash basin with side aspect frost window. Garden Room/ Bedroom Four A versatile space ideal as a reception room or additional bedroom.
Double doors to the rear and window to the side. Master Bedroom Built in wardrobe and window to the front aspect. Bedroom Two Built in storage and window to the rear aspect.
Bedroom Three Front aspect window. Shower Room White suite comprising shower enclosure with direct feed shower, WC and wash basin. Frosted window to the rear.
Outside To the front of the home is a spacious drive providing ample off road parking, under cover area leading to the store (part of original garage). Gated side access leads to the rear garden.
The rear garden has a patio area off the conservatory with the rest being mainly laid to lawn, the garden is tiered with steps leading down to a further section of garden, a pleasant outlook over the garden with the backdrop of the trees can be enjoyed.
Location Newent originally called Noent is a small market town about 8 miles north west of Gloucester, on the northern edge of the Forest of Dean.
The town includes a half-timbered market house, plus other houses of historical nature and Newent Lake a large picturesque lake in the centre of the town, originally part of the Newent Court Estate is the 'jewel of the town'.
Newent is served by three schools, all within the town, a doctors surgery and dentist, Sports & Leisure Centre and various churches of different denominations.
With excellent motorway links to the M50 & M5.
The property is also within driving distance of the local award winning Three Choirs vineyard with bar and restaurant as well some excellent garden centres including Three Shires.
There are plenty of local rural walks and a cycle routes close by that incorporates both the Newent and Ledbury "loops".
Material Information Tenure: Freehold Council tax band: D Local Authority & rates: Forest of Dean District Council - £2415.17 (2025/2026) Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Gas Broadband speed: Basic 16 Mbps Superfast 52 Mbps Mobile phone coverage: EE, Vodaphone, Three, O2 Agents Note We are advised that in 2022, subsidence issues were identified affecting the single-storey garden room.
The cause was determined to be a large willow tree located in the garden. This tree has since been professionally removed, and all necessary remedial works were completed to rectify the subsidence.
The work was carried out under a two-year guarantee, which has now lapsed.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 24, Lakeside, Newent
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