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Wood Road, Mile End, Coleford

Key features

  • Unique Opportunity
  • 3 x Two Double Bedroom Flats
  • Ideal Investment Property
  • Planning Permission Having Been Granted Previously For Two More Flats
  • Planning Ref: P0227/12/FUL
  • Enclosed Gardens
  • Ample Parking
  • Combined Annual Rental Return Of £24,000 On The Existing Three Flats In Early 2022.
  • EPC Energy Rating - E

Property description

FLAT 1 & 3, 1 WOOD ROAD, MILE END AND 7 MAIN ROAD, MILE END, COLEFORD, GLOUCESTERSHIRE

A RARE CHANCE TO PURCHASE THIS INVESTMENT OPPORTUNITY CURRENTLY COMPRISING OF 3 X TWO DOUBLE BEDROOM FLATS, TWO GROUND FLOOR AND ONE FIRST FLOOR PROPERTY HAVING A HUGE AMOUNT OF POTENTIAL FOR FUTURE DEVELOPMENT HAVING HAD PLANNING PERMISSION GRANTED TO EXTEND TO CREATE A FURTHER TWO FLATS IN ADDITION TO THE CURRENT THREE FLATS.

Flat 1, 1 Wood Road, Mile End - Ground Floor - This property previously achieved £650 a month.

Entrance Porch - Side aspect frosted window, frosted door into:

Entrance Hall - Night storage heater, door into:

Lounge - 4.57m x 4.14m (15'0 x 13'07) - Side aspect window, night storage heater, power points.

Kitchen - 5.82m x 2.57m (19'01 x 8'05) - Range of base, wall and drawer units, worktop, built-in oven and hob, extractor fan, space for washing machine, stainless steel single drainer sink unit, side aspect window, night storage heater.

Inner Hallway - Two storage cupboards, door into:

Bedroom One - 3.66m x 2.79m (12'12 x 9'02) - Rear aspect window, power points, night storage heater.

Bedroom Two - 3.30m x 3.00m (10'10 x 9'10) - Rear aspect window, night storage heater, power points, side aspect frosted window,

Shower Room - 2.11m x 1.70m (6'11 x 5'7) - WC, walk-in shower with Mira shower over, sink with tap over, extractor fan, side aspect frosted window.



7 Main Road, Mile End - Ground Floor - This property previously achieved £700 a month.

Entrance Hall - Accessed via obscure glazed door, night storage heater, BT point, power points, door into:

Bathroom - WC, panelled bath with Mira shower over, front aspect frosted window, extractor fan, sink with tap over, night storage heater.

Lounge - 4.98m x 3.96m (16'4 x 13'0) - Side aspect bay window, night storage heater, power points.

Bedroom One - 4.34m x 3.35m.0.00m (14'3 x 11.0) - Night storage heater, power points, front aspect bay window overlooking the garden.

Bedroom Two - 3.78m x 3.12m max (12'05 x 10'03 max ) - Side aspect wooden window, power points, night storage heater.

Kitchen - 4.39m x 3.05m (14'5 x 10'0) - Range of base, wall and drawer units, space for cooker, space for washing machine, side aspect window, front aspect bay window overlooking the garden, extractor fan, night storage heater, door into garden.



Flat 3, 1 Wood Road, Mile End - First Floor - This property is currently achieveing £650 a month.

Accessed via a metal external staircase to the front door:

Accessed via wooden door:

Entrance Hall - Electrical consumer unit, side aspect window. Door to:

Kitchen - 3.28m x 2.64m (10'09 x 8'08) - Range of base, wall and drawer units, stainless steel single drainer sink unit with mixer tap over, electric oven and hob, power points, rolled edge worktop, partly tiled walls, space for washing machine and dishwasher, extractor fan, front aspect sash window, laminate flooring, night storage heater, door into:

Inner Hallway - Night storage heater, power points, door into:

Lounge - 4.95m x 3.61m (16'03 x 11'10) - BT point, Tv point, power points, night storage heater, two rear aspect windows overlooking the gardens.

Bedroom One - 3.58m x 3.61m (11'09 x 11'10) - Front aspect window overlooking the garden, power points, night storage heater.

Bedroom Two - 3.78m x 2.18m (12'5 x 7'2) - Side aspect window, power points, night storage heater.

Shower Room - WC, wash hand basin, partly tiled walls, corner shower cubicle with shower over, side aspect frosted window, night storage heater, door giving access to the airing cupboard housing hot water tank.

Outside - Communal gardens for the flats, laid to lawn with hedge surround.

Carport - 5.36m x 3.25m (17'7 x 10'8) - Door to:

Shed - 3.30m x 2.46m (10'10 x 8'1) -

Agents Note - We are informed by the seller, that they have previously achieved a combined annual rental return of approximately £24,000 from the three flats.

Services - Mains electric, mains water and mains drainage.

Water Rates - TBC

Tenure - Freehold

Local Authority - Council Tax Band: A PER FLAT
Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.

Viewings - 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 Coleford town centre proceed to the traffic lights and continue straight over into Gloucester Road, proceed along here passing Forest Hills Golf Club on the left hand side and proceed over the cross roads, take the next right hand turning into Wood Road and proceed along here where the property can be found on the right hand side as indicated via our for sale board.

Property Surveys - Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys)

Awaiting Vendor Approval - These details are yet to be approved by the vendor. Please contact the office for verified details.

Brochures

Wood Road, Mile End, ColefordEPC FLAT 1EPC FLAT 3EPC 7 MAIN ROAD

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Wood Road, Mile End, Coleford

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Distances are straight line measurements from the centre of the postcode
  • Lydney Station6.8 miles
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About the agent

Steve Gooch Estate Agents, Coleford

1 High Street, Coleford, GL16 8HA

Steve Gooch Estate Agents are the largest and most successful family run Independent Estate and Letting Agent in Newent, Forest Of Dean and West Gloucestershire areas

To meet our clients ever-changing requirements we have the added benefit of Chartered Surveyors, as well as a very successful and established Letting and Property Management Department.

Negotiators are available from 8.30 a.m. to 7.00. Monday to Friday, 9.00 a.m. to 5.30 p.m. Saturday, and contactable 24 hours a day.

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Disclaimer - Property reference 31456425. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Steve Gooch Estate Agents, Coleford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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