2-bedroom flat · GL15 5GG
Listing removedListed 402 days
Opportunity summary
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About
A well-loved two bedroom (one en-suite) first floor apartment offering one allocated parking space, and well-maintained communal gardens, situated in an ideal town location close to local amenities.
This property is perfect for first time buyers or those looking to downsize.
Internally, the property comprises; entrance hall, two bedrooms (one with en-suite), kitchen/diner, lounge with access onto balcony and bathroom.
Externally, the outdoor spaces are shared with one allocated parking space for the property.
Situated in Lydney, this property is in close proximity of a variety of different facilities, including a wide range of shops, banks, building societies, supermarkets and a locally treasured park, as well as a sports centre, golf course, hospital, doctor's surgeries, train station, and primary and secondary schools.
A wider range of facilities are also available throughout the Forest of Dean including an abundance of picturesque woodland and river walks and outdoor pursuit activities.
The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham offering access to the M5 and the Midlands.
Council Tax Band: A (Forest of Dean District Council ) Tenure: Leasehold (125 years) Ground Rent: £250 per year Service Charge: £107 per month Annual contribution to the total building insurance: £250 (2025) Estate management charge of £200pa (2025) 125 lease from 1st January 2012 Access There is communal access into the building and the property is on the first floor.
Entrance hall Storage cupboard, access through to bathroom, two bedrooms, kitchen/diner and lounge.
Bedroom 1 Carpeted flooring, built-in wardrobe, window to rear aspect, radiator, access through to en-suite. En-suite Shower enclosure, WC, wash hand basin, radiator.
Kitchen/diner Fitted units at eye and base level with worktop space, integrated dual ovens with gas hob above, sink unit with drainer, cupboard housing gas central heating boiler, radiator, space for freestanding fridge freezer, integrated slimline dishwasher, space and plumbing for washing machine, window to rear aspect.
Bathroom WC, wash hand basin, bath with shower attachment. Bedroom 2 Carpeted flooring, radiator, window to side aspect.
Lounge Carpeted flooring, radiator, window to side aspect, French doors leading out to balcony.
Outside The outdoor areas around the property are communal and shared by all residents in the building. There is one allocated parking space for the property.
Services Mains water, electric, gas, and drainage connected. ** The heating system and services, where applicable, have not been tested. ** Viewings By prior appointment with Hills.
Rates Council Tax Band: A Please refer to for prices in the Forest of Dean and for the Tax Band. Water Rates Severn Trent - to be advised.
Money Laundering Regulations To comply with MLR, all prospective purchasers will be asked to produce ID documentation at the time of making an offer.
We kindly ask for your cooperation during this.
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
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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
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