2-bedroom bungalow · GL18 1SQ
Listing removedListed 434 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom semi-detached bungalow in need of some updating and modernisation, recently decorated with new carpets throughout, having a long front garden, enclosed rear garden, en-bloc single garage with parking, all being offered with no onward chain.
Entrance via fully glazed frosted UPVC door through to: Side Entrance / Utility (4.17m x 1.32m (13'8 x 4'4)) Power and lighting, fully glazed UPVC door through to the rear.
UPVC door through to: Entrance Hall Airing cupboard with lagged hot water tank and slatted shelving, access to insulated roof space via loft ladder (part boarded, with light).
Lounge / Diner (L Shaped) (5.92m x 4.93m (19'5 x 16'2)) Large electric radiator, two front aspect double glazed windows overlooking the gardens.
Kitchen (2.41m x 2.11m (7'11 x 6'11)) Single drainer sink unit with mixer tap, cupboards under, range of base and wall mounted units, integrated fridge, AEG electric double oven, four ring electric hob, front aspect double glazed window.
Bedroom 1 (3.48m x 3.20m (11'5 x 10'6)) Fitted wardrobes with hanging rails and shelving, further shelving to the side, electric radiator, rear aspect double glazed window overlooking the gardens.
Bedroom 2 (2.64m x 2.59m (8'8 x 8'6)) Fitted double wardrobe with hanging rail and shelving, shelving to the side, night storage heater, rear aspect double glazed window.
Bathroom White suite comprising modern panelled bath, electric shower over, tiled surround, pedestal wash hand basin, close coupled WC, Dimplex electric convector heater, extractor fan.
Outside A pathway leads to the front door where there is a large lawned area with various shrubs, bushes and trees.
Access to the rear is through the side porch, which leads through to an enclosed garden where there is a lawned area, gravelled garden area, wooden garden shed, outside tap, fencing and walling surround.
A gated rear access leads through to: En-Bloc Garage (4.88m x 2.51m (16'0 x 8'3)) Accessed via single up and over door, plus there is a concrete hardstanding for one vehicle to the front.
Agents Note The solar panels were fitted as part of a government scheme - The Green Free Scheme. They are on an air space 25 year lease.
Whoever buys the property will benefit from free electricity during hours of sunlight until the end of the lease (approx 2039).
At the end of the lease, the property owners have the option of keeping the panels or having them removed. Services Mains water, electricity and drainage. Electric and night storage heating.
Mobile Phone Coverage / Broadband Availability It is down to each individual purchaser to make their own enquiries.
However, we have provided a useful link via Rightmove and Zoopla to assist you with the latest information.
In Rightmove, this information can be found under the brochures section, see "Property and Area Information" link.
In Zoopla, this information can be found via the Additional Links section, see "Property and Area Information" link. Water Rates Severn Trent - to be confirmed.
Local Authority Council Tax Band: C Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG. Tenure Freehold.
Viewing Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required.
Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.
Directions From our office, proceed along the High Street into Broad Street, Church Street and then on to Gloucester Road.
Take the first left into Court Road, follow this road round to the left hand side where the garage and parking for the property can be found.
Property Surveys Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).
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.
Area
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FAQ
About 2, The Crofts, Newent
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