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See how verdicts work1-bedroom flat · GL16 8BA
Sold STCReduced £10k (−13.3%) on 26 OctListed 702 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ONE BEDROOM GROUND FLOOR FLAT situated just a SHORT WALK into COLEFORD TOWN CENTRE, benefitting from NO ONWARD CHAIN and the GREAT INVESTMENT POTENTIAL FOR LANDLORDS.
The property is accessed via a wooden door into: Entrance Hallway - Power points.
Door into: Kitchen/Lounge - 4.85m x 2.97m (15'11 x 9'09) - Lounge - Front aspect upvc double glazed window, electric radiator, power points TV point, Kitchen - Range of wall, base and drawer mounted units, condenser tumble dryer, built in oven, hob and extractor fan, under counter fridge freezer, stainless steel sink unit with taps over, power points.
Bedroom 1 - 2.79m x 2.95m (9'02 x 9'08) - Rear aspect upvc double glazed window, electric radiator, cupboard space.
Bathroom - 1.68m x 1.96m (5'06 x 6'05) - Panelled bath with electric shower attachment over, close coupled W.C, heated towel rail, wash hand basin.
Outside - To the rear of the property you have a communal parking area with one reserved parking space. Agents Note - There is 66 years left of the lease with a £75 a month ground rent charge.
Services - Mains water, mains drainage, mains water. 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 - To be advised.
Local Authority - Council Tax Band: A Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG. Tenure - Leasehold, twelfth share of the freehold. 66 years remaining.
Ground rent charge of £75 to be paid monthly. Viewings - 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 the Coleford office proceed to the traffic lights, turning left into Bank street.
The property can then be found on the right hand side via our for sale board.
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
FAQ
About Bank Street, Coleford
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