We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · GL2 4JY
Listing removedReduced £20k (−6.8%) on 20 MayListed 625 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a rare opportunity to purchase an extensive two-bedroom detached bungalow which stands in a prime location on the Queen Anne Court retirement development.
Set in a quiet corner location, with access onto a rear garden patio area. The property has been well maintained and has a large entrance hall.
Off to the right is a spacious kitchen diner with fully fitted appliances including a fridge and freezer, electric hob, washer dryer and gas boiler.
Across the back of the property is a lounge with two sets of doors opening onto separate South and West facing patios where you can enjoy a sunny aspect through the day.
The lounge also has double door access from the main hallway, and a feature electric fire place.
The spacious master bedroom is fitted with a walk-in wardrobe; the second bedroom is a generous size and can accommodate a double bed and associated bedroom furniture.
The main bathroom is fitted with a bath, toilet and wash hand basin, mirrored vanity units and a level access shower.
Off the hallway is a further separate guest bathroom with WC and sink, a double door cloakroom cupboard and separate airing cupboard.
COUNCIL TAX BAND: C EPC RATING: C MONTHLY SERVICE CHARGE: £707.81 SERVICE CHARGE PERIOD: 1 April 2026 - 31 March 2027 12 MONTH GROUND RENT: None Payable GROUND RENT DUE FOR REVIEW: N/A LENGTH OF LEASE: 125 Years from 01/01/2009 RESALE FEES: Less than 12 Months - 1% Reserve Fund Contribution 12-24 Months - 2% Reserve Fund Contribution 24 Months + - 3% Reserve Fund Contribution Queen Anne Court information: Type Independent Living Properties Constructed by Stepnell Ltd.
Completed 2008 Comprising of: 38 x two bedroomed apartments 3 x one bedroomed apartments and 9 x bungalows. Services Duty manager on site 24/7. Emergency callouts between 9.30pm and 7.30am.
One and half hours service time per week. Restaurant facility offering a three course lunch every day. Family and friends welcome. Handyman. Laundry service.
Facilities Lift access to all levels, lounge, dining room, conservatory, guest suite, hobbies room, landscaped gardens and car parking. Secure door entry system. Emergency alarm call system.
Accessibility All areas are wheelchair accessible. Situated in Quedgeley and within 400 yards of the local shopping centre and large Tesco's.
Excellent bus service into Gloucester and the M5 is three miles away. Good local amenities including doctor's surgery, dentist surgery, chemist, Post Office and shops.
Lifestyle Queen Anne Court has attractive communal areas. The busy social programme includes coffee mornings, bingo, keep fit classes, fish and chip suppers, quiz nights, themed lunches and suppers.
The Hobbies Room affords a place for like-minded people to meet for a game of scrabble, cards or jigsaw making. New Owners are accepted over 65 years of age.
Pets are welcome (subject to terms of the lease). Tenure Leasehold 125 years from 2009. Manager's note This is a very friendly development.
We are excellently positioned for local facilities and promote friendly, professional, caring support for an independent lifestyle. Cheltenham is just ten miles away and Bristol thirty minutes.
It is ideally situated with Tesco's just a short walk away. The community make new Owners very welcome.
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
Agent & docs
FAQ
About 50 Queen Anne Court, Bristol Road, Quedgeley, Gloucestershire, GL2 4JY
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