2-bedroom house · GL17 9XD
Listing removedListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain and being in need of some renovation is this light and spacious two double bedroom detached bungalow situated on the quiet and sought after varnister road located within the popular and peaceful village of ruardean.
This is an exciting opportunity to acquire a highly sought after bungalow in this area with masses of potential, ready for its new owners to put their own stamp on.
The property is accessed from the side aspect via an obscured double glazed aluminium door with window to side leading into; Entrance Hall Airing cupboard housing the hot water immersion tank, cloak cupboard, loft access, radiator, doors lead off to the living room, both bedrooms and the bathroom.
Living Room (5.38m x 3.71m (17'08 x 12'02)) Feature fireplace with period tiled surround and inset lpg gas fire, radiators, sliding doors to the conservatory, door to kitchen.
Kitchen (2.49m x 2.74m (8'02 x 9'00)) Wall and base level units with laminate worktops, inset 1.5 bowl stainless steel sink unit with drainer, space for a lpg gas cooker, fridge/freezer and washing machine.
Tiled floor, wall mounted boiler, rear aspect window and door to side aspect. Conservatory (3.53m x 2.57m (11'07 x 8'05)) Red quarry tiled floor, triple aspect windows and patio doors to garden.
Bedroom One (4.47m x 3.40m (14'08 x 11'02)) Radiator, front aspect window. Bedroom Two (3.61m x 3.07m (11'10 x 10'01)) Fitted wardrobes, radiator, front aspect window.
Bathroom (1.75m x 2.03m (5'09 x 6'08)) Panelled bath, close coupled w.c and vanity washbasin. Radiator, partly tiled walls, obscured side aspect window.
Garage & Parking The property benefits from driveway parking for two vehicles, leading to a detached single garage accessed via an up and over door with personal door to the side and lighting.
Outside The bungalow has front and rear gardens predominantly laid to lawn, with a mixture of small trees, shrubs and bushes. There is also a patio seating area to the rear.
Directions From our Mitcheldean office proceed out of the village in the direction of the A4136 taking the second exit at the mini roundabout signposted Cinderford and Coleford.
Continue up and over Plump Hill and upon reaching the traffic lights at Nailbridge turn right signposted to Ruardean.
Continue along Morse Road and enter the village of Ruardean, then take the second right turn into Varnister Road. The property can be found after a short distance on the left.
Services Mains water, drainage, electricity. Oil. Lpg 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 Water Authority Tenure Freehold Local Authority Council Tax Band: C Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.
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 - 6.00pm Monday to Friday, 9.00am - 5.30pm Saturday.
Property Surveys Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).
Money Laundering Regulations To comply with Money Laundering Regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer.
We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the seller(s) 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
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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 20, Varnister Road, Ruardean
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