2-bedroom flat · GL14 2RW
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained and spacious two-bedroom ground-floor flat, ideally situated just A short walk from cinderford town centre.
The property boasts two allocated parking spaces and access to charming communal gardens, suiting both first time buyers and investors.
The accommodation briefly comprises a spacious lounge, kitchen, two bedrooms and a shower room. The property is gas centrally heated and double glazed.
Front aspect upvc door leads into Lounge (4.67m x 4.06m (15'4" x 13'4")) A spacious room comprising radiator, tv point, wood effect flooring, front aspect window with pleasant woodland views, door to bedroom one and leads through to the kitchen, bedroom two and shower room.
Kitchen (2.49m x 2.21m (8'2" x 7'3")) Newly fitted wall and base level units with solid wood worktops and inset sink unit with drainer.
Space for a gas cooker, space and plumbing for a washing machine and under-counter fridge and freezer.
Wall mounted gas-fired combi boiler, partly tiled walls, front aspect window enjoying woodland views.
Bedroom One (4.72m x 2.69m (15'6" x 8'10")) Radiator, wood effect flooring, front aspect window with woodland views. Bedroom Two (2.59m x 1.98m max (8'6" x 6'6" max)) Radiator, side aspect window.
Shower Room Walk-in mains fed shower cubicle with tiled surround, low level w.c, pedestal washbasin with tiled splashbacks, radiator, obscured side aspect window.
Outside The property benefits from two allocated parking spaces and communal gardens. Services Mains electricity, gas, water and drainage Agents Note The Lease is for 999 years from 1 Jan1989.
Management fees are not applicable.
Water Rates Severn Trent Water Authority - rate tbc Local Authority Council Tax Band: A Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.
Tenure Leasehold with a 25% share of the Freehold. Viewing 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 Mitcheldean office, proceed down to the mini roundabout, turning right onto the A4136.
Continue over Plump Hill and upon reaching the traffic lights at Nailbridge, turn left signposted for Cinderford.
Continue up into the town centre and at the triangle, turn right onto Commercial Street.
Proceed along her where the property can be found on the left hand side just before the turning into Forest Road.
Money Laundering Regulations To comply with Money Laundering Regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer.
We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the seller(s)
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
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FAQ
About Flat 1, 48A, Commercial Street, Cinderford
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