2-bedroom house · GL18 1TY
For saleListed 90 days
Opportunity summary
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About
A McCarthy & Stone two-bedroom retirement apartment situated on the second floor with lift access.
Set within the tranquil market town of Newent, the development offers a communal lounge, laundry room and gardens, a dedicated house manager, 24-hour care line support, a guest suite, and resident parking.
Conveniently located just a short walk from local amenities. Offered with no onward chain. Entrance Hall - Airing cupboard, further storage cupboard and doors leading off.
Living Room - Generous room with wall mounted electric fire, window to the front aspect and double doors into the kitchen.
Kitchen - Well appointed with base and wall mounted units with work surfaces, stainless steel sink unit, built in appliances including fridge, freezer, oven and hob. Window to rear aspect.
Bedroom One - Built in wardrobe and window to front aspect. Bedroom Two - Window to the front aspect. Shower Room - Modern suite with double shower enclosure, WC and vanity wash basin.
There is also plumbing for washing machine and a heated towel rail. Outside - Communal parking (not allocated) leading to main entrance. Communal gardens to the side to be enjoyed by the residents.
Location - Newent, originally called Noent, is a small market town about 8 miles north west of Gloucester, on the northern edge of the Forest of Dean.
The town includes a half-timbered market house, plus other houses of historical nature, and Newent Lake, a large, picturesque lake in the centre of the town, originally part of the Newent Court Estate.
Newent is served by three schools, a doctor’s surgery, a dentist, Sports & Leisure Centre. Excellent motorway links to the M50 & M5.
Material Information - Tenure: Leasehold 125 years (from 2008) with 108 years remaining Management charges are currently £4600.20 per annum with the ground rent at £495pa (both half yearly charges paid in advance March and September respectively).
Local authority and rates: Forest of Dean District Council Tax Band B £1970.01 (2026/27) Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Electric Broadband speed: Basic 18 Mbps, Ultrafast 80 Mbps Mobile phone coverage: EE, Vodaphone, Three, O2
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.
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