2-bedroom house · GL3 4WE
Listing removedListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Perfect Starter Home – 30% Shared Ownership We are delighted to bring to the open market this modern two-bedroom home, available for the first time since it was built in 2016.
Offered on a 30% shared ownership basis, this property presents an excellent opportunity for first-time buyers looking to take their first step onto the property ladder.
The accommodation comprises an entrance hallway, cloakroom, modern kitchen, and a spacious lounge/diner. Upstairs, there are two well-proportioned bedrooms and a family bathroom.
Outside, the property benefits from an enclosed rear garden, along with allocated parking. Presented as an ideal first-time purchase, this fantastic home is sure to attract plenty of interest.
Early viewing is highly recommended. Entrance Hall Accessed via upvc double glazed door, power points, telephone point, radiator, laminate flooring, stairs to first floor landing.
Doors lead off: Kitchen Range of base, drawer and wall mounted units, laminate worksurfaces, one and a half bowl sink unit with mixer tap over.
Appliance points, power points, integral cooker, four ring gas hob with extractor hood over. Space for dishwasher, washing machine, fridge/freezer.
Laminate flooring, cupboard housing for boiler, front aspect upvc double glazed window.
Lounge/Diner Tv point, power points, radiator, space for dining table and chairs, door to storage cupboard, laminate flooring, french doors leading to the garden.
Landing Radiator, access to loft space. Doors lead off: Bedroom One Power points, radiator, rear aspect upvc double glazed window.
Bedroom Two Power points, radiator, door to storage cupboard, front aspect upvc double glazed window.
Bathroom Suite comprising panelled bath with electric shower over, low level wc, pedestal wash hand basin with mixer tap over. Partly tiled walls, radiator, laminate flooring.
Outside To the front of the property, a paved pathway leads to the front door with low-maintenance slate-covered areas At the rear of the property is a fully enclosed garden, featuring a paved patio area ideal for outdoor seating, a level lawn and a paved pathway leading to the end of the garden.
The garden also offers space for a wooden shed, providing useful additional storage. Tenure & Charges Leasehold- 125 years from 2015.
Management Company- Bromford Housing Rent Per Month- 371.68 per month. Service Charge- £69.93 per month. Local Authority Tewkesbury Borough Council.
Council Tax Band: B Services Mains water, gas, solar, electricity & drainage. Awaiting Vendor Approval Details are yet to be approved by the vendor and may be subject to change.
Please contact the office for more information. Agents Note The Solar Panels will be transferred over to the new buyer on completion.
Value & comps
No previous sales on record.
Returns
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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 19, Lace Walk, Gloucester
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