2-bedroom bungalow · GL3 3NU
For saleReduced £20k (−7%) on 2 OctListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Murdock & Wasley Estate Agents are delighted to offer this two-bedroom semi-detached bungalow, occupying a substantial corner plot in the popular area of Hucclecote.
Situated on Larkhay Road, the property offers fantastic potential to extend and improve, subject to the necessary planning consents.
The bungalow benefits from a newly fitted bathroom, gas central heating and UPVC double glazing, while the remainder requires modernisation.
The generous corner plot provides excellent scope for further development, making this an ideal opportunity for buyers looking to create a home to their own requirements.
The property is conveniently located for local amenities and offers excellent access to Gloucester and the surrounding areas.
Early viewing is highly recommended to appreciate the potential this property has to offer. Entrance Hall Accessed via upvc double glazed door, wall mounted radiator, access to loft via hatch.
Doors lead off: Dining Area Power point, wall mounted radiator, front aspect upvc double glazed window.
Opening leads off: Lounge Television point, power point, wall mounted radiator, rear aspect upvc double glazed window.
Door leads off: Kitchen Range of base, wall and drawer mounted units, roll edge worktop, one and a half bowl single drainer sink unit with taps over.
Appliance points, power points, space for cooker, space for washing machine, side aspect upvc double glazed window and rear aspect upvc double glazed door leading to the garden.
Bedroom One Power points, wall mounted radiator, built in wardrobe, front aspect upvc double glazed bay window. Bedroom Two Power points, wall mounted radiator, side aspect upvc double glazed window.
Bathroom Suite comprising low level wc, pedestal wash hand basin with mixer tap over, double step in cubicle with shower over, wall mounted heated towel rail, tiled walls, side aspect frosted upvc double glazed window.
Garage Accessed via up and over door.
Outside To the front of the property a large garden wraps around the side of the house with flagstone path leading to the front door and a driveway laid to tarmacadam providing off road parking for at least two vehicles.
The front garden is enclosed by low level walling. To the rear of the property a courtyard garden is mainly laid to paving whilst enclosed by wooden fencing.
Tenure Freehold Services Mains water, gas, electricity & drainage.
Local Authority Gloucester City Council Tax Band: C Awaiting Vendor Approval These details are yet to be approved by the vendor and may be subject to change.
Please contact the office for more information.
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 52, Larkhay Road, Gloucester
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