2-bedroom house · GL15 4LZ
For saleReduced £10k (−4.4%) on 2 OctListed 128 days
Opportunity summary
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About
Description A rare opportunity to acquire a two bedroom semi-detached cottage with off road parking and gardens to side and rear, which is in need of modernisation throughout, offering buyers the chance to make a house their very own home, situated in a semi-rural location close to local amenities.
Offered with no onward chain. Internally comprising entrance hall, fitted kitchen/diner, lounge, landing, two bedrooms and a shower room.
Externally, there is parking to the side of the property and level gravelled area which leads up to lawned areas.
This property is located on Viney Hill, which is a two minute drive from the quaint village of Blakeney, Gloucestershire, which has its own; Convenience Store, Post Office, Doctor's surgery, Social Club, Public houses, Fish and Chip shop, Primary Schools and Church.
It is close to main bus routes and Lydney/Gloucester train stations which can be reached from the A48.
A48 also leads into Chepstow, Newport and gives direct access to M4 towards Bristol and the M5 towards Gloucester, Cheltenham and The Midlands.
School bus services offer access to all senior schools and colleges. Council Tax Band: C (Forest of Dean District Council ) Tenure: Freehold Entrance Hall (7.33' x 0.83') Access through to kitchen.
Kitchen/Diner (9.67' x 14.33') Fitted units at eye and base level with worktop space, electric oven with grill and hob, sink unit with mixer tap and drainer, space and plumbing for washing machine/dryer, space for fridge/freezer, tiled splash backs, window to rear aspect, radiator, space for dining table and chairs.
Lounge (10.83' x 15.33') Feature fireplace (which has been blocked off), windows to front aspect, radiator, understairs storage cupboard, stairs providing access to first floor.
First Floor: Landing (2.25' x 5.50') Access to loft space, window to side aspect, access to both bedrooms and bathroom. Bedroom 1 (10.92' x 12.42') Window to front aspect, built-in cupboard, radiator.
Bedroom 2 (9.83' x 9.00') Window to rear aspect, radiator. Bathroom (7.25' x 5.67') Shower enclosure, wash hand basin, WC, tiled walls, radiator, window to rear aspect.
Outside To the side of the property, there is off road parking for vehicles, and to the rear, there is a level gravelled area and steps leading up to lawned garden.
Services Shared septic tank, water and electric connected. Oil central heating. ** The services and central heating, 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.
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About 2 The Point, Lydney
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