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 work3-bedroom terraced house · GL15 6TN
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious three-bedroom terraced house situated in a popular village location, offering good-sized accommodation with off-road parking for two cars, enclosed rear garden and scope for further improvement or extension.
The property benefits from double glazing and central heating via an electric boiler and is offered requiring a degree of modernisation, providing an excellent opportunity for purchasers to update and improve the accommodation to their own requirements.
Entrance Hallway Accessed via a UPVC double glazed door, with stairs leading to the first floor and doors providing access to the principal reception rooms.
Dining Room (3.78m x 2.59m (12'5" x 8'6")) A good-sized dining room with radiator, power points, fireplace and front aspect UPVC double glazed window.
Lounge (3.63m x 3.02m (11'11" x 9'11")) Another well-proportioned reception room with radiator, power points and front aspect UPVC double glazed window.
There is a fireplace which has previously housed a log burner, although this has been decommissioned. A door provides access to a useful cupboard housing the electric boiler.
Kitchen (3.58m x 1.60m (11'9" x 5'3")) Fitted with a range of base, wall and drawer-mounted units with wood-effect worktops over, incorporating a single bowl stainless steel sink and drainer with mixer tap.
There is an electric hob, integrated oven, space and plumbing for a dishwasher, appliance points and part-tiled walls. Rear aspect UPVC double glazed window.
Utility Room (3.94m x 1.47m (12'11" x 4'10")) Useful utility space with plumbing and space for a washing machine, additional storage, space for a fridge/freezer and access to a pantry.
Rear aspect window and UPVC double glazed door providing access to the rear garden.
First Floor Landing Stairs rise from the entrance hall to the first floor landing, which has a night storage heater, rear aspect UPVC double glazed window.
Bedroom One (3.63m x 2.87m (11'11" x 9'5")) A good-sized double bedroom with radiator, power points and front aspect UPVC double glazed window.
Bedroom Two (3.68m x 2.92m (12'1" x 9'7")) A further well-proportioned bedroom with radiator, power points and front aspect UPVC double glazed window.
The bedroom also benefits from a useful area currently providing study/office space over the stairs.
Bedroom Three (2.69m x 2.46m (8'10" x 8'1")) With radiator, power points, storage cupboard and rear aspect UPVC double glazed window.
Shower Room (1.96m x 1.65m (6'5" x 5'5")) Fitted with a corner shower cubicle with electric shower over, pedestal wash hand basin, radiator and part-tiled walls. Rear aspect UPVC double glazed window.
Wc (1.37m x 0.74m (4'6" x 2'5")) Comprising low-level WC, part-tiled walls and rear aspect UPVC double glazed window.
Outside To the front of the property is a hardstanding area providing off-road parking for two cars, with a pathway leading to the front entrance.
Gated access leads to a covered walkway providing access to the rear garden.
Garden The rear garden is fully enclosed by fencing and is predominantly laid to lawn, with a variety of mature shrubs and trees providing a good degree of established greenery and privacy.
Agents Notes The property is in need of modernisation and offers scope for further improvement and potentially extension, subject to any necessary planning permissions and consents.
Heating is provided by an electric boiler. Services Mains - Water, Electricity and Drainage.
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 Severn Trent - On water meter.
Local Authority Council Tax Band: B Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG. Tenure Freehold.
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 Coleford, proceed to the traffic lights and turn right signposted Lydney and Chepstow, continue along until reaching the traffic lights and proceed straight over, proceed along this road for approximately 3 miles until reaching the village of St Briavels turning left into Cross Keys and then left again into Smithville Close, follow the road along where the property can be found on the right hand side.
Property Surveys Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys)
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
.png)
FAQ
About 18, Smithville Close, Lydney
Explore nearby