3-bedroom bungalow · GL16 7JL
Listing removedListed 294 days
Opportunity summary
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About
Description A spacious and well-loved three bedroom detached bungalow with large gardens which wrap around the property, driveway providing parking and garage with power and lighting supply, situated on the edge of woodland in a semi-rural location.
This property offers great opportunity for making a house their own, with endless possibilities for modernising throughout.
The internal accommodation is generous and flexible, comprising; entrance hall, three bedrooms, bathroom, kitchen/diner, lounge, rear porch and storage room.
Externally, there is parking on a private driveway with garage behind. The gardens are extensive and well-maintained, offering plenty of space to unwind and entertain outside.
This property is set in a beautiful location in the heart of the Forest of Dean, and is within walking distance from Coleford Town's amenities.
The Clock Tower in Coleford is iconic and adds to the Town's history and beauty. The Town also hosts the ever popular Coleford Music Festival, bringing music and community together to celebrate life.
Coleford boasts a wide range of amenities to include: A cinema, two golf courses, shops, restaurants, cafes, hotels, primary and secondary schools and doctor's surgery.
The market towns of Lydney (7.1 miles) and Monmouth (5.8 miles) are easily accessible, also offering a wide range of amenities.
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 Bedroom 1 Bedroom 2 Bedroom 3 Bathroom Lounge Kitchen/Diner Rear Hall Storage Room Outside There is a driveway to side with garage behind, and there are lawned gardens which wrap around the property and are enclosed by hedging.
There is a wonderful outlook from the rear with views overlooking woodland. Services Mains water, drainage, gas, and electric connected to the property.
** The heating system and services, 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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About Manderley, The Purples, Coleford
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