3 Bed Bungalow, Planning Permission, Gloucester, GL2 5AU, £200,000

Tennyson Avenue. Podsmead, GL2 5AU - 2 months ago

Planning
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£170K - £375K
Sold Prices/m²£2.1K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£240,000
BMV20%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,600

Rent Estimate

£775

Running Costs/mo

£800

Cashflow/mo

£-25

Cashflow/yr

£-300

Gross Yield

5%

Local Sold Prices

52 sold prices from £170K to £375K, average is £243.8K. £2.1K/m² to £3.9K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£232.5K05/210.14 mi4, Woodpecker Road, Podsmead, Gloucester, Gloucestershire GL2 5FF3
£247.5K01/230.15 mi23, Poplar Close, Gloucester, Gloucestershire GL1 5TX3
£350K12/220.18 mi5, Poplar Close, Gloucester, Gloucestershire GL1 5TX3
£216K06/210.18 mi3, Thornhill Close, Gloucester, Gloucestershire GL1 5NQ3
£232K04/230.18 mi9, Thornhill Close, Gloucester, Gloucestershire GL1 5NQ3
£195K03/210.25 mi19, Redwood Close, Gloucester, Gloucestershire GL1 5TZ3
£187.5K04/210.25 mi12, Redwood Close, Gloucester, Gloucestershire GL1 5TZ3
£375K12/220.26 mi47, Tuffley Crescent, Gloucester, Gloucestershire GL1 5ND3
£225K01/210.29 mi65, Podsmead Road, Gloucester, Gloucestershire GL1 5PB3
£230K02/210.29 mi17, Podsmead Road, Gloucester, Gloucestershire GL1 5PB3
£325K10/220.29 mi31, Podsmead Road, Gloucester, Gloucestershire GL1 5PB3
£170K03/210.3 mi2, Arlingham Road, Tuffley, Gloucester, Gloucestershire GL4 0LX3
£195K07/230.3 mi3, Arlingham Road, Tuffley, Gloucester, Gloucestershire GL4 0LX3
£195K07/230.3 mi3, Arlingham Road, Tuffley, Gloucester, Gloucestershire GL4 0LX3
£295K06/230.3 mi68, Tuffley Crescent, Gloucester, Gloucestershire GL1 5NE3
£270K03/210.31 mi15, Tuffley Crescent, Gloucester, Gloucestershire GL1 5ND3
£180K05/230.32 mi42, Longney Road, Tuffley, Gloucester, Gloucestershire GL4 0LT3
£215K01/210.34 mi23, Epney Road, Tuffley, Gloucester, Gloucestershire GL4 0LS3
£285K01/230.34 mi22, Epney Road, Tuffley, Gloucester, Gloucestershire GL4 0LS3
£182.5K12/200.37 mi26, Arlingham Road, Tuffley, Gloucester, Gloucestershire GL4 0LY3
£225K06/210.38 mi15, Falfield Road, Tuffley, Gloucester, Gloucestershire GL4 0ND3
£260K11/210.38 mi3, Falfield Road, Tuffley, Gloucester, Gloucestershire GL4 0ND3
£225K11/200.4 mi209, Tuffley Lane, Tuffley, Gloucester, Gloucestershire GL4 0NY3
£320K12/220.41 mi97, Tuffley Avenue, Gloucester, Gloucestershire GL1 5NP3
£275K05/210.41 mi127, Tuffley Avenue, Gloucester, Gloucestershire GL1 5NP3
£300K11/220.42 mi125, Tuffley Avenue, Gloucester, Gloucestershire GL1 5NP3
£267K12/220.43 mi79, Wilton Road, Gloucester, Gloucestershire GL1 5NL3
£252K11/200.44 mi15, Emery Avenue, Gloucester, Gloucestershire GL1 5QP3
£220K02/210.45 mi147, Tuffley Lane, Tuffley, Gloucester, Gloucestershire GL4 0NZ3
£187K11/200.45 mi5, Amber Close, Tuffley, Gloucester, Gloucestershire GL4 0RL3
£210K06/230.45 mi18, Amber Close, Tuffley, Gloucester, Gloucestershire GL4 0RL3
£210K06/230.45 mi18, Amber Close, Tuffley, Gloucester, Gloucestershire GL4 0RL3
£265K12/200.45 mi20a, Grange Road, Tuffley, Gloucester, Gloucestershire GL4 0PD3
£230K06/210.45 mi2, Grange Road, Tuffley, Gloucester, Gloucestershire GL4 0PD3
£275K01/230.46 mi38, Tuffley Avenue, Gloucester, Gloucestershire GL1 5LX3
£180K03/210.47 mi8, Silver Close, Tuffley, Gloucester, Gloucestershire GL4 0RJ3
£230K11/200.48 mi15, Birchwood Fields, Tuffley, Gloucester, Gloucestershire GL4 0AP3
£265K02/210.48 mi11, Newark Road, Gloucester, Gloucestershire GL1 5TW3
£373K01/230.48 mi34, Birchwood Fields, Tuffley, Gloucester, Gloucestershire GL4 0AL3
£203K02/230.49 mi295, Tuffley Lane, Tuffley, Gloucester, Gloucestershire GL4 0RP3
£333K07/230.5 mi4, Beechwood Grove, Tuffley, Gloucester, Gloucestershire GL4 0AQ3
£310K02/230.5 mi6, Randwick Road, Tuffley, Gloucester, Gloucestershire GL4 0NF3
£260K06/210.51 mi6, Tuffley Avenue, Gloucester, Gloucestershire GL1 5LT3
£286K06/210.51 mi21, Nympsfield Road, Tuffley, Gloucester, Gloucestershire GL4 0NL3
£182.5K01/210.52 mi203, Seymour Road, Gloucester, Gloucestershire GL1 5HR3
£185K05/230.52 mi122, Seymour Road, Gloucester, Gloucestershire GL1 5HR3
£258K11/200.52 mi8, Randwick Road, Tuffley, Gloucester, Gloucestershire GL4 0NF3
£325K02/230.52 mi2, Randwick Road, Tuffley, Gloucester, Gloucestershire GL4 0NF3
£240K11/200.52 mi17, Cedarwood Drive, Tuffley, Gloucester, Gloucestershire GL4 0AG3
£305K06/230.52 mi4, Cedarwood Drive, Tuffley, Gloucester, Gloucestershire GL4 0AG3
£320K03/210.53 mi25, Tuffley Avenue, Gloucester, Gloucestershire GL1 5LS3
£320K01/230.53 mi10, Tuffley Avenue, Gloucester, Gloucestershire GL1 5LT3

Local Rents

12 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30003/240.3 mi-3
£1,30004/240.3 miLaburnum Road, Gloucester, GL13
£1,60001/250.42 mi-3
£1,30005/240.43 miDreadnaught Drive, Gloucester, GL13
£1,30004/240.47 miLewisham Road, Gloucester3
£1,25005/240.54 miTintern Road, Tuffley3
£1,05004/240.55 miKitchener Avenue, Gloucester3
£1,20004/240.55 miKitchener Avenue, Gloucester, GL1 5EN3
£1,25012/240.59 miThe Forge, Gloucester3
£1,50001/240.61 mi-3
£1,15004/240.61 miGranville Street, Linden3
£1,10004/240.62 miSeymour Road, Linden, Gloucester3

Local Area Statistics

Population in GL2

52,117

Population in Gloucester

173,084

Town centre distance

1.38 miles away

Nearest school

0.20 miles away

Nearest train station

1.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £200,000

March 11, 2025

Floor Plans

Description

  • Chain Free +
  • Bungalow +
  • Three Bedrooms +
  • Good Sized Garden +
  • Outside Storage Space +
  • Podsmead +

CHAIN FREE - BUNGALOW - THREE BEDROOMS - GOOD SIZED GARDEN - BATHROOM - LOUNGE / DINER - OUTSIDE STORAGE SPACE
A well presented three bedroom bungalow offered to the market CHAIN FREE.

Thomas and Thomas are pleased to offer this spacious bungalow located in Podsmead, Gloucester. The property is close to schools, offers good access to the M5 motorway and is just a short stroll from the local amenities.

This well presented bungalow is being offered to the market CHAIN FREE. Briefly comprising of: spacious entrance hall, two double bedrooms, large single bedroom and family bathroom with shower over bath. There is a lounge / diner that leads through to the kitchen. Outside is a very good sized garden and outside storage space with side access to the front of the property.

The property would also make a good investment opportunity where the current tenants pay £775.00 pcm. The current tenancy is periodic and the tenants would like to continue if another landlord would like them to stay

Entrance -

Lounge / Diner - 5.57m x 3.63m (18'3" x 11'10" ) -

Kitchen - 3.01m x 3.65m (9'10" x 11'11" ) -

Master Bedroom - 3.62m x 3.07m (11'10" x 10'0" ) -

Bedroom 2 - 2.90m x 3.58m (9'6" x 11'8" ) -

Bathroom - 2.49m x 2.37m (8'2" x 7'9" ) -

Bedroom 3 - 2.33m x 3.64m (7'7" x 11'11" ) -

Tenure - Property - Freehold
Council Tax - Band A - Gloucester
Services - Mains Water & Drainage

Disclaimer - Appliances such as radiators, heaters, boilers, fixtures or utilities (gas, water, electricity) which may have been mentioned in these details have not been tested and no guarantee can be given that they are suitable or in working order. We cannot guarantee that building regulations or planning permission has been approved and would recommend that prospective purchasers should make their own independent enquiries on these matters. All measurements are approximate.

Building Completion Certificate - The bungalow in 2015 had new external brickwork laid. Building Control have issued a completion certificate on the 16th January 2015.

Tenant In Situ - The property is tenanted with a rental income of £775.00

Agent Details

Thomas & Thomas Property, Gloucester

01452 923083

Next Steps?

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