3-bedroom terraced house · GL6 6SE
Under offerListed 338 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brookhouse Mill dates back to the 1700's and was converted for residential use in 1987.
Great care was taken to preserve the original character of the buildings with many rooms featuring exposed stonework and substantial timbers.
The ground floor offers a kitchen/dining room and useful utility/cloakroom with the sitting room on the first floor opening to a conservatory.
There are three bedrooms and three bathrooms (two en suite) over the upper floors. Please note: this property has been a rental property for many years and has recently been vacant for about 4 years.
It is now in need of a comprehensive programme of modernisation and improvement. Outside Accessed from the first floor is a private garden.
Current very overgrown, this had previously been landscaped to offer paved terraces, shrub and plant borders and a water feature. A separate courtyard is accessible from the kitchen/dining room.
The former integral garage has been converted to create a useful utility room with storage to the front whilst off road parking is available in the courtyard. NOTE: External photos are Library images.
Situation Painswick, the “Queen of the Cotswolds”, is a thriving community nestling in a delightful Cotswolds setting.
Constructed of mellow locally quarried stone, the town has many beautiful buildings dating back as far as the 14th Century.
Painswick Churchyard is famous for its impressive array of table tombs and its 99 yew trees about which folklore holds that if a 100th should grow the devil will pull it out.
The Village offers a playgroup and primary school with secondary schools (including grammar schools) being available in the surrounding towns of Stroud, Gloucester and Cheltenham.
Recreational outlets include tennis, rugby cricket and bowls clubs with many other groups meeting at the Painswick Centre.
There are several local shops, galleries, tearooms and restaurants in the village along with a pharmacy, doctor and dentist whilst the surrounding towns provide a range of social, recreational and retail amenities to suit all budgets.
Property Ref Number: HAM-45254 Additional Information 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 4.20% 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.
Value & comps
No previous sales on record.
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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
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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 Greenhouse Lane, Painswick, Stroud, GL6
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