3-bedroom house · GL11 5DF
Sold STCListed 117 days
Opportunity summary
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About
Shared ownership three bedroom home, 40% share and above available, leasehold with 125 year lease commenced 2018 (freehold available upon final staircasing at 100% share), allocated parking for one car, entrance hallway, cloakroom, kitchen, living/dining room, three first floor bedrooms, shower room, enclosed rear garden, Energy Rating: B.
Situation This property occupies a pleasant position in Railway Walk which is a recently built development on the southern side of Box Road on the outskirts of the village of Cam.
Railway Walk is well placed for the 'Park and Ride' Railway Station, which has regular services to Gloucester, Bristol and onward connections to the national rail network.
Within a short walk is a petrol station/Spar mini-market and Cam village is approximately three quarters of a mile distant, which has a range of local retailers along with Tesco's supermarket.
Cam village has a choice of three primary schools and Rednock Comprehensive School is situated in Dursley town where there can be found a larger range of shopping facilities including Sainsbury's supermarket and recreational facilities including swimming pool, gym, library and Community Centre.
Directions If travelling from Cam village centre, from the roundabout with Tesco's proceed in a northerly direction on the A4135 for approximately three quarter of a mile passing the Shell petrol station on the left and take the turning on the right signposted Park and Ride Railway Station, continue for approximately 100 metres and 8 Railway Walk will be found on the left hand side.
Description This shared ownership property has been in the same ownership for nearly three years and was constructed in 2018 and has the outstanding balance of a 10 year NHBC.
The current available share is 40% and above through staircasing. The property is leasehold with a 125 year lease which commenced in 2018 and freehold is available upon staircasing to 100% share.
The property briefly comprises; canopy porch, entrance hallway, kitchen, living/dining room and cloakroom. On the first floor there are three bedrooms and shower room.
The rear garden is low maintenance and has access to the parking space.
The Accommodation (Please note that our room sizes are quoted in metres to the nearest one hundredth of a metre on a wall to wall basis.
The imperial equivalent (included in brackets) is only intended as an approximate guide). On The Ground Floor Entrance Hall Stairs to first floor, under stair storage, radiator, thermostat.
Cloakroom Low level WC, pedestal wash hand basin, radiator.
Kitchen (3.40m x 3.09m (11'1" x 10'1")) Range of wall and base units, integrated gas hob with splashback and extractor over, electric oven, one and a half bowl sink units, tiled splashback, space for washing machine, fridge freezer, radiator, double glazed window.
Lounge (4.69m x 3.85m (15'4" x 12'7")) Double glazed window, double glazed door, media wall with space for electric fireplace and TV, thermostat, radiator.
On The First Floor Landing Radiator, access to loft. Bedroom One (4.07m max x 3.89m (13'4" max x 12'9")) Two double glazed windows, radiator, built-in wardrobe.
Bedroom Two (3.45m x 3.06 reducing to 2.67m (11'3" x 10'0" redu) Double glazed window, radiator. Bedroom Three (3.46m x 1.92m (11'4" x 6'3")) Double glazed window, radiator.
Externally There is allocated parking space for one car. Gated side access to the rear garden with patio, astro turf, outside tap, enclosed by panel fencing.
Agent Notes Tenure: Leasehold Services: All mains services are understood to be connected. Council Tax Band: C Broadband: Fibre to the Premises.
For mobile signal and wireless broadband: Please see for more information Full market value - £300,000 Share % - 40% Share value - £120,000 Rent - £478.77pcm Service charge - £55.55pcm Staircasing restrictions – Can staircase to 100% Lease term – 117 years remaining Shared Ownership Application Criteria Applications need to be made to and approved by Green Square Accord You must be in housing need and unable to afford to buy a home on the open market.
• Your household income must be £80,000 or less a year. • You’re a first time buyer (or you used to own a home but can’t afford to buy one now). • You rent a council or housing association property.
• You own a home that is currently ‘sold subject to contract’ or ‘sstc’ Viewing By appointment with the owner's sole agents as over.
Financial Services We may offer prospective purchasers' financial advice in order to assist the progress of the sale.
Bennett Jones Partnership introduces only to Kingsbridge Independent Mortgage Advice and if so, may be paid an introductory commission which averages £128.00.
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 8, Railway Walk, Dursley
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