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See how verdicts work2-bedroom flat · GL11 4GA
For saleListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern top floor apartment within walking distance of town centre, garage, two double bedrooms, large lounge/diner, separate kitchen, bathroom with shower over bath, entrance hall with airing cupboard, gas central heating and double glazing, ideal investment/first time buyer opportunity, Energy Rating C.
Situation This top floor apartment is situated in walking distance to Dursley town centre.
The town has a range of amenities which include independent retailers, supermarkets, doctors and dentists’ surgeries, swimming pool, public houses, cafes and restaurants, library, along with comprehensive and primary schooling.
The adjoining village of Cam has a 'Park and Ride' railway station with regular services to Gloucester and Bristol with onward connections to the National Rail network.
Dursley is also conveniently situated for commuting throughout the southwest via the A38 and M5/M4 motorway network. Directions The property can be easily found on foot or by car.
From the town centre proceed in a north easterly direction on the A4135 through Silver Street and continuing to the first mini roundabout, taking the first exit and bearing left into Lister Road.
Take the first turning on the left hand side onto Phelps Mill Close and the property will be located on the left hand side on the top floor.
Description This apartment was constructed on the edge of this development approximately 21 years ago by Crest Nicholson. The property is within a short walk of the town and also open countryside.
The apartment benefits from garage and has a large living/diner room with separate kitchen. There is a shared store inside the building for bikes or prams.
The property briefly comprises; entrance hallway, two double bedrooms, bathroom, kitchen/lounge/diner.
Further benefits include gas central heating, double glazing and a good sized storage/airing cupboard.
The Accommodation (Please note that our room sizes are quoted in metres to the nearest one hundredth of a metre on a wall to wall basis.
The imperial equivalent (included in brackets) is only intended as an approximate guide). Entrance Hallway Composite front door, radiator, airing cupboard with gas boiler, entry-com system.
Kitchen (4.13m (max) x 2.77m narrowing to 2.29m (13'6" (max) Fitted kitchen with base and wall units, roll top laminated work surfaces over, breakfast bar, radiator, space and plumbing for washing machine and tumble dryer, one and half bowl stainless steel sink and drainer, electric oven with gas hob and hood over, space for tall standing fridge freezer, double glazed window to rear.
Living/Dining Room (6.51m x 5.84m narrowing to 3.49m (21'4" x 19'1" na) Three double glazed windows to side and front, three radiators.
Bedroom One (3.37m x 2.97m (11'0" x 9'8")) Double glazed window to front, radiator. Bedroom Two (3.73m (max) x 2.96m (max) (12'2" (max) x 9'8" (max) Double glazed window to front, radiator.
Bathroom Bath with mixer shower, wall mounted wash hand basin, low level wc, double glazed window to rear, radiator.
Externally The property benefits from a garage (6.21m x 2.67m) which is the middle of three garages, located to the right hand side of the communal front door.
Agent Notes All mains services are believed to be connected. Gas central heating. Council Tax Band: B Maintenance Fee: £959.30 payable twice yearly to First Port.
Ground Rent: Approximately £75.00 per annum. 999 year lease commenced 1 September 2005 (978 years remaining). The service charge is reviewed yearly.
Fibre to the Cabinet For mobile signal and wireless broadband: Please see for more information Financial Services We may offer prospective purchasers' financial advice in order to assist the progress of the sale.
Bennett Jones Partnership introduces only to Kingsbridge Independent Mortgage Advice and if so, may be paid an introductory commission which averages £128.00.
Viewing By appointment with the owner's sole agents as over.
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.
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FAQ
About 9, Phelps Mill Close, Dursley
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