2-bedroom bungalow · GL15 6JL
Listing removedListed 57 days
Opportunity summary
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About
Description Offering huge potential; a two bedroom detached bungalow on a larger than average corner plot, with parking for up to 5+vehicles and a garage.
Offered with no onward chain an situated in the popular village of Bream. The internal accommodation offers an entrance hall, living room, kitchen/diner, wet room and two bedrooms.
Externally, there is a garage and outdoor office, with two driveways offering plenty of parking space and lawned gardens to front and side enclosed by fencing.
Situated in the village of Bream, this location offers a range of amenities to include: Cafes, public houses, doctor's surgery, pharmacy, primary school, butchers, supermarkets, pet groomers and sports club.
The market town of Lydney is approximately 3.2 miles distance where there are a further range of facilities.
A wider range of facilities are also available throughout the Forest of Dean including an abundance of woodland and river walks.
The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham for access onto the M5 and the Midlands.
Council Tax Band: C (Forest of Dean District Council ) Tenure: Freehold Entrance Hall Storage cupboard, access through to living room, kitchen, bathroom and both bedrooms.
Living Room Carpeted flooring, feature fireplace, window to front aspect.
Kitchen Fitted units at eye and base level, sink unit with mixer tap, space and plumbing for washing machine and tumble dryer, space for freestanding cooker and fridge freezer, wood-effect flooring, window to rear aspect, door to side.
Bedroom 1 Carpeted flooring, window to front aspect, radiator. Bedroom 2 Carpeted flooring, window to rear aspect, radiator.
Bathroom Wet room shower with shower screen, WC, wash hand basin, window to rear aspect.
Outside There are two driveways for the property, one to the front and one to the rear, where there is also a garage for outdoor storage space.
The gardens are laid to lawn and to the front and side of the property and are enclosed by fencing. Services Mains water, electric and drainage connected. Lpg gas.
** The services and heating system, where applicable, have not been tested. ** Viewings By prior appointment with Hills.
Rates Council Tax Band: C Please refer to for prices in the Forest of Dean and for the Tax Band. Water Rates Severn Trent - to be advised.
Money Laundering Regulations To comply with mlr, all prospective purchasers will be asked to produce id documentation at the time of making an offer. We kindly ask for your cooperation during this.
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
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