2 Bed Semi-Detached House, Planning Permission, Gloucester, GL2 0HD, £325,000

Nine Elms Road, Longlevens, GL2 0HD - a month ago

Planning
~68 m²
+22 photos

ValuationOvervalued

Sold Prices£155K - £350K
Sold Prices/m²£2K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£246,747

 

 

End Value (After Refurb)

£325,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Refurb Costs

£28,642

Bridging Loan Interest

£8,531

Total Cash In

£143,873

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£325,000

Mortgage (After Refinance)

£243,750

Mortgage LTV

75%

Cash Left In

£143,873

Equity

£81,250

Rent Range

£800 - £2,000

Rent Estimate

£1,107

Running Costs/mo

£1,257

Cashflow/mo

£-150

Cashflow/yr

£-1,800

Gross Yield

4%

Local Sold Prices

43 sold prices from £155K to £350K, average is £211.5K. £2K/m² to £6K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£222.5K02/230.17 mi59, Oakleaze, Gloucester, Gloucestershire GL2 0LE2
£217K12/220.28 mi99, Sandyleaze, Gloucester, Gloucestershire GL2 0PU2
£237.8K07/230.28 mi30, Canning Road, Longlevens, Gloucester, Gloucestershire GL2 0XX2
£175K10/210.28 mi14, Canning Road, Longlevens, Gloucester, Gloucestershire GL2 0XX2
£211.5K10/230.33 mi38, Blackwater Way, Longlevens, Gloucester, Gloucestershire GL2 0XN2
£200K10/210.36 mi18, Old Cheltenham Road, Longlevens, Gloucester, Gloucestershire GL2 0AW2
£194.1K10/210.36 mi26, Old Cheltenham Road, Longlevens, Gloucester, Gloucestershire GL2 0AW2
£245K04/210.37 mi84, Elmleaze, Gloucester, Gloucestershire GL2 0JX2
£175K03/210.39 mi16, Willowleaze, Gloucester, Gloucestershire GL2 0QA2
£235K07/230.39 mi33, Willowleaze, Gloucester, Gloucestershire GL2 0QA2
£225K07/210.41 mi3, Oakleaze, Gloucester, Gloucestershire GL2 0LQ2
£237K08/210.44 mi19, Meadowleaze, Gloucester, Gloucestershire GL2 0PW2
£193K11/210.48 mi9, Saylittle Mews, Longlevens, Gloucester, Gloucestershire GL2 0XG2
£193K11/210.48 mi9, Saylittle Mews, Longlevens, Gloucester, Gloucestershire GL2 0XG2
£190K05/210.48 mi3, Saylittle Mews, Longlevens, Gloucester, Gloucestershire GL2 0XG2
£261K04/230.49 mi17, The Avenue, Longlevens, Gloucester, Gloucestershire GL2 0BP2
£183K03/210.51 mi4, Sisson End, Gloucester, Gloucestershire GL2 0RL2
£230K01/240.6 mi6, Cypress Gardens, Longlevens, Gloucester, Gloucestershire GL2 0RB2
£180K12/200.6 mi15, Cypress Gardens, Longlevens, Gloucester, Gloucestershire GL2 0RB2
£185K04/210.6 mi32, Cypress Gardens, Longlevens, Gloucester, Gloucestershire GL2 0RB2
£238K05/210.63 mi36, Grasmere Road, Longlevens, Gloucester, Gloucestershire GL2 0NQ2
£225K02/240.64 mi1, Charlton Way, Longlevens, Gloucester, Gloucestershire GL2 0DY2
£261.8K10/210.68 mi14, Kendal Road, Gloucester, Gloucestershire GL2 0NB2
£243.5K03/210.72 mi64, Wellsprings Road, Gloucester, Gloucestershire GL2 0NJ2
£216K03/230.76 mi10, Ryder Row, Innsworth, Gloucester, Gloucestershire GL3 1HH2
£180K02/210.77 mi18, Luke Lane, Innsworth, Gloucester, Gloucestershire GL3 1HJ2
£251K08/210.81 mi78, Shearwater Grove, Innsworth, Gloucester, Gloucestershire GL3 1DD2
£350K09/210.82 mi19, Elmbridge Road, Gloucester, Gloucestershire GL2 0NY2
£188K10/210.83 mi53, Beaumont Road, Longlevens, Gloucester, Gloucestershire GL2 0EJ2
£220K07/230.83 mi49, Beaumont Road, Longlevens, Gloucester, Gloucestershire GL2 0EJ2
£155K11/200.84 mi131, Barnwood Road, Gloucester, Gloucestershire GL4 3HE2
£202.5K08/210.85 mi22, Shearwater Grove, Innsworth, Gloucester, Gloucestershire GL3 1DB2
£235K08/210.87 mi8, South Close, Longlevens, Gloucester, Gloucestershire GL2 9HZ2
£206K12/200.9 mi23, Parkside Close, Churchdown, Gloucester, Gloucestershire GL3 1JR2
£189.9K02/210.9 mi26, Parkside Close, Churchdown, Gloucester, Gloucestershire GL3 1JR2
£188K12/200.91 mi20, Blackbird Avenue, Innsworth, Gloucester, Gloucestershire GL3 1BH2
£201.5K05/230.91 mi24, Blackbird Avenue, Innsworth, Gloucester, Gloucestershire GL3 1BH2
£272K10/230.92 mi1, Montfort Road, Gloucester, Gloucestershire GL2 0ES2
£210K06/210.93 mi16, Gatton Way, Hucclecote, Gloucester, Gloucestershire GL3 3DG2
£195K11/210.96 mi30, Hazel Close, Gloucester, Gloucestershire GL2 0UQ2
£197.5K12/200.96 mi79, Brionne Way, Longlevens, Gloucester, Gloucestershire GL2 0TN2
£215K02/230.96 mi1, Wren Terrace, Innsworth, Gloucester, Gloucestershire GL3 1BG2
£212K06/230.99 mi47, Armscroft Road, Gloucester, Gloucestershire GL2 0SJ2

Local Rents

21 rents from £800/mo to £2K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£80012/240.4 miOld Cheltenham Road, Gloucester2
£87504/240.48 miSaylittle Mews, Longlevens, Gloucester, GL22
£95012/240.48 miSaylittle Mews, Longlevens, Gloucester, GL22
£94501/250.68 mi-2
£1,20004/240.87 mi-2
£1,05004/240.87 miBarnwood Road, Gloucester2
£1,25012/240.88 miFlower Way, Gloucester2
£1,05004/240.89 miEastern Avenue Gloucester GL42
£99504/240.89 miThe Posthouse2
£1,25004/240.89 mi-2
£2,00004/240.89 mi-2
£1,75003/250.89 mi-2
£1,30002/250.89 mi-2
£99503/250.9 mi-2
£85004/240.9 miParkside Close, Churchdown2
£1,20005/240.91 mi2 New Limes, Barnwood Road2
£85004/240.99 miOverbrook Close, Gloucester, Gloucestershire, GL42
£95005/240.99 miPirton Meadow, Churchdown, Gloucester, GL32
£1,10004/240.99 miChosen Way, Gloucester2
£97504/241.16 miAlders Green, Gloucester2
£91504/241.22 miHamer Street, Gloucester, GL12

Local Area Statistics

Population in GL2

52,117

Population in Gloucester

173,084

Town centre distance

1.86 miles away

Nearest school

0.20 miles away

Nearest train station

1.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £325,000

March 30, 2025

Floor Plans

Description

  • Extended Two Bedroom Semi-Detached House +
  • Situated In A Sought After Location +
  • Open Plan Kitchen/Diner/Family Area +
  • Show Home Standard Throughout +
  • Utility & Cloakroom +
  • Large Enclosed Rear Garden +
  • Driveway Providing Off Road Parking & Garage +
  • Planning Permission To Extend Above Garage +
  • EPC Rating: tbc +

Extended Two Bedroom Semi-Detached House Situated In A Sought After Location with Open Plan Living, Enclosed Rear Garden, Driveway & Garage

Murdock & Wasley Estate Agents are excited to present this beautifully extended two bedroom semi-detached house, ideally located in a highly sought after area. It offers convenient access to local amenities, top-performing schools, and excellent transport links.

Lovingly upgraded and finished to an exceptional standard, this home boasts a stylish and spacious open plan kitchen/dining/family area, perfect for modern living and entertaining. A separate, lounge provides an ideal retreat, while the addition of a utility room adds extra practicality. Upstairs, you’ll find two generously sized bedrooms and a stylish family bathroom.

Outside, the property boasts a spacious, enclosed rear garden, perfect for relaxation and entertaining. A private driveway and garage provide convenient off-road parking, and with planning permission granted for an extension above the garage, there’s exciting potential to expand and enhance the living space further.

Entrance Hall - Accessed via upcv double glazed door, stairs to first floor landing, decorative wall panelling, inset ceiling spotlights, laminate flooring. Door to:

Lounge - Power points, radiator, feature fireplace, alcove, laminate flooring, front aspect upvc double glazed bay window. Door to:

Kitchen - Range of base, drawer and wall mounted units, Quartz worksurfaces, one and a half bowl sink unit with mixer tap over. Appliance points, power points, electric venting induction hob, eye level double oven grill, integral fridge/freezer and dishwasher. Island with Quartz worktop, storage below and power points, door to storage cupboard, laminate flooring, inset ceiling spotlights. Opening to:

Dining/Family Area - Power points, space for dining table and chairs, two radiators, laminate flooring, inset ceiling spotlights, skylight, rear aspect upvc double glazed window and bi-folding door leading to the garden.

Utility - Base and wall mounted units, laminate worktop, power points, space for appliances, radiator, laminate flooring, inset ceiling spotlights, skylight. Door to:

Cloakroom - Low level wc, vanity wash hand basin with storage below and mixer tap over, laminate flooring, inset ceiling spotlights.

Landing - Decorative wall panelling, access to loft space, inset ceiling spotlights, side aspect upvc double glazed window. Doors lead off:

Bedroom One - Power points with USB sockets, fitted wardrobes, front aspect upvc double glazed window.

Bedroom Two - Power points, radiator, rear aspect upvc double glazed window.

Bathroom - Suite comprising panelled bath with shower off the mains over, low level wc, vanity wash hand basin with storage below. Partly tiled walls, heated towel rail, inset ceiling spotlights, tiled flooring, rear aspect upvc frosted double glazed window.

Outside - At the front of the property, a gravel driveway provides off road parking for three vehicles and leads to the front door, which is sheltered by a canopy. Additionally, there is a garage with an up-and-over door and an outside tap.

To the rear of the property, a beautifully maintained garden features a spacious patio providing an ideal setting for outdoor furniture, making it perfect for relaxing or entertaining. This leads onto a generous, neatly laid lawn, enhanced by a raised garden bed with potted plants. The entire space is fully enclosed by wooden fencing for added privacy and also benefits from an outside tap for convenience.

Agents Notes - We have been advised that a planning application has been granted for an extension over the existing garage. For more details, please refer to the Gloucester Planning Portal using reference: 23/00182/FUL

Tenure - Freehold.

Local Authority - Gloucester City Council.
Council Tax Band: B

Services - Mains water, drainage, gas and electricity.

Awaiting Vendor Approval - These details are yet to be approved by the vendor and may be subject to change. Please contact the office for more information.

Agent Details

Murdock & Wasley Estate Agents, Gloucestershire

01452 227879

Next Steps?

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