Modern Method of Auction
Auction date not yet published
4-bedroom bungalow · GL3 3BX
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* no chain* Situated on a generous corner plot in a highly desirable residential location, this well-presented four-bedroom chalet bungalow offers spacious and versatile accommodation, ideal for families and those seeking flexible living arrangements.
This property benefits from solar panels which link directly to the national grid and produce approximately £2000 - £2500 per annum and is weather dependent.
The accommodation briefly comprises an entrance hall, a comfortable lounge / diner providing excellent space for entertaining, a fitted kitchen, and a conservatory overlooking the rear garden.
The property benefits from four well-proportioned bedrooms, a family bathroom, and an additional shower room, offering practicality and convenience for modern family life.
Further benefits include gas central heating and double glazing throughout.
Occupying an attractive corner plot, the property enjoys gardens to both the front and rear, with the rear garden being fully enclosed and providing a private outdoor space.
There is also off-road parking and a garage. The boundary of the property is deceptively large, and the border along Gilpen Avenue is extended past the fence by approximately 900ml.
Offering a fantastic combination of space, versatility and a sought-after location, this property must be viewed to be fully appreciated.
**This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
We offer free financial consultations to all our customers, including specialist advice on Modern Method purchases, so please ask us for further details and/or to book your appointment when you contact us about this property.
Lounge / Dining Room (4.57m x 3.15m) A bright and well-proportioned reception room benefiting from a large window allowing ample natural light to flood the space.
The lounge allows access to the conservatory.
Offering generous room for lounge and dining room furniture, this comfortable living area provides an excellent setting for everyday living and entertaining.
Conservatory (10.62m x 3.63m) A truly impressive full-width conservatory extending across the rear of the property and overlooking the garden.
This substantial addition provides exceptional flexibility, offering space for both seating and dining areas.
With extensive glazing and direct access to the patio and garden, this fantastic room creates a seamless connection between the indoor and outdoor space whilst enjoying an abundance of natural light throughout the day.
Kitchen (3.02m x 2.7m) Fitted with a range of wall and base units providing useful storage and work surface space.
Conveniently positioned between the lounge and conservatory, the kitchen enjoys easy access to the principal living accommodation.
Bedroom Two (4.6m x 3.84m) A generous double bedroom situated on the ground floor with ample space for a range of bedroom furnishings.
Enjoying a pleasant outlook and offering flexibility for use as a principal bedroom if required. Shower Room (1.75m x 1.75m) Comprising a shower enclosure, wash hand basin and low-level WC.
Conveniently located adjacent to Bedroom Two. Bedroom Three (2.9m x 2.9m) A well-proportioned bedroom suitable for use as a guest bedroom, home office, hobby room or nursery.
Bedroom Four (4.11m x 3.15m) A spacious double bedroom offering excellent versatility and ample room for freestanding furniture.
Well suited as a guest room or additional principal bedroom accommodation. Bathroom (1.98m x 1.68m) Fitted with a bath, wash hand basin and low-level WC, serving the ground floor accommodation.
First Floor Hallway A useful landing area providing access to the first-floor bedroom and valuable additional storage opportunities.
Bedroom One (3.8m x 3.3m) Occupying the first floor, this attractive double bedroom offers a good degree of privacy from the remaining accommodation.
A bright and comfortable room providing ample space for bedroom furniture, making an ideal principal bedroom suite.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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
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FAQ
About 131, Chosen Way, Gloucester
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