2-bedroom flat · GL11 4GA
Listing removedReduced £10k (−5.9%) on 21 JunListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented second-floor apartment offers a fantastic opportunity for comfortable and spacious living, ideally suited for a range of buyers.
The property boasts a generous sitting and dining room, providing an excellent space for both relaxing and entertaining, filled with natural light and a welcoming atmosphere.
The apartment features a well-appointed kitchen, thoughtfully designed to maximise both storage and functionality.
There are two good-sized bedrooms, offering flexibility for family living, guests, or a home office, along with a neatly presented bathroom.
Further benefits include a useful store room, perfect for additional storage needs, helping to keep the living space uncluttered and organised.
Externally, the property benefits from a garage as well as allocated parking, ensuring convenience and peace of mind.
Situated in a quiet cul-de-sac, the location offers a peaceful residential setting while still being within easy reach of local amenities and transport links.
Phelps Mill Close is situated within the popular market town of Dursley, offering a pleasant balance of semi-rural surroundings and everyday convenience.
The area is well regarded for its community feel, access to open countryside, and proximity to local amenities. Transport links are particularly strong for a town of its size.
The nearby Cam & Dursley railway station, approximately 2–3 miles away, provides direct connections to Gloucester, Cheltenham, and Bristol, making it ideal for commuters.
Regular bus services operate within walking distance of the property, connecting to surrounding towns and villages, while the M5 motorway (Junctions 13 and 14) is easily accessible, offering convenient road links to Bristol, Cheltenham, and beyond.
The area is also well served by schooling, making it attractive for families.
Nearby options include Dursley Church of England Primary Academy and Peak Academy, both within close proximity, as well as the well-regarded Rednock School, a comprehensive secondary school with sixth form provision.
Dursley itself offers a range of local shops, supermarkets, cafés, and leisure facilities, while being surrounded by beautiful countryside including the Cotswold escarpment, ideal for walking and outdoor pursuits.
The wider area also benefits from access to larger centres such as Stroud, Gloucester, and Bristol for more extensive shopping and employment.
Phelps Mill Close provides a well-connected yet peaceful residential setting, combining excellent transport links, reputable schooling, and access to both town and countryside living.
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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FAQ
About 9, Phelps Mill Close, Gloucestershire
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