4 Bed Detached House, Planning Permission, Gloucester, GL4 6SX, £550,000

Reservoir Road, Gloucester, GL4 6SX - a month ago

Planning
~129 m²
+24 photos

ValuationOvervalued

Sold Prices£215K - £600K
Sold Prices/m²£1.7K/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.3K/m²

Value Estimate

£357,221

 

 

End Value (After Refurb)

£420,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Refurb Costs

£54,483

Bridging Loan Interest

£14,438

Total Cash In

£251,870

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£420,500

Mortgage (After Refinance)

£315,375

Mortgage LTV

75%

Cash Left In

£251,870

Equity

£105,125

Rent Range

£975 - £4,250

Rent Estimate

£1,675

Running Costs/mo

£1,669

Cashflow/mo

£6

Cashflow/yr

£71

ROI

0%

Gross Yield

4%

Local Sold Prices

45 sold prices from £215K to £600K, average is £341.5K. £1.7K/m² to £5.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£465K02/210.13 mi1, Oakbank, Gloucester, Gloucestershire GL4 0AZ4
£277K11/200.17 mi50, Southfield Road, Gloucester, Gloucestershire GL4 6UD4
£540K02/230.17 mi238, Stroud Road, Tuffley, Gloucester, Gloucestershire GL4 0AU4
£402K04/210.18 mi11, Southern Avenue, Tuffley, Gloucester, Gloucestershire GL4 0AW4
£475K03/210.19 mi331a, Stroud Road, Tuffley, Gloucester, Gloucestershire GL4 0AY4
£345K04/210.22 mi20, St Barnabas Close, Gloucester, Gloucestershire GL1 5LH4
£280K05/210.22 mi7, St Barnabas Close, Gloucester, Gloucestershire GL1 5LH4
£325K06/210.22 mi5, St Barnabas Close, Gloucester, Gloucestershire GL1 5LH4
£410K06/210.26 mi5, Firwood Drive, Tuffley, Gloucester, Gloucestershire GL4 0AB4
£437K12/200.29 mi1, Larkspear Close, Gloucester, Gloucestershire GL1 5LN4
£470K12/200.39 mi283, Stroud Road, Gloucester, Gloucestershire GL1 5LB4
£385K12/200.4 mi130, Tuffley Avenue, Gloucester, Gloucestershire GL1 5NS4
£385K12/220.43 mi17, Hillborough Road, Tuffley, Gloucester, Gloucestershire GL4 0JG4
£575K05/210.49 mi8, Ardmore Close, Tuffley, Gloucester, Gloucestershire GL4 0BL4
£300K04/220.52 mi26, Kitchener Avenue, Gloucester, Gloucestershire GL1 5EN4
£600K08/220.54 mi202, Stroud Road, Gloucester, Gloucestershire GL1 5LA4
£520K01/230.64 mi5, Woods Orchard, Tuffley, Gloucester, Gloucestershire GL4 0BN4
£350K05/220.65 mi16, Podsmead Place, Gloucester, Gloucestershire GL1 5PD4
£360K11/220.65 mi9, Podsmead Place, Gloucester, Gloucestershire GL1 5PD4
£320K05/210.65 mi17, Podsmead Place, Gloucester, Gloucestershire GL1 5PD4
£364K01/210.7 mi182, Stroud Road, Gloucester, Gloucestershire GL1 5JX4
£300K01/230.72 mi14, Country View, Gloucester, Gloucestershire GL4 6RF4
£405K03/220.73 mi80a, Tuffley Crescent, Gloucester, Gloucestershire GL1 5NE4
£255K06/210.78 mi29, Gurney Avenue, Tuffley, Gloucester, Gloucestershire GL4 0YJ4
£450K03/210.82 mi18, Teddington Gardens, Gloucester, Gloucestershire GL4 6RJ4
£274K02/210.83 mi39, Grange Road, Tuffley, Gloucester, Gloucestershire GL4 0PU4
£395K07/210.83 mi11, St Georges Close, Tuffley, Gloucester, Gloucestershire GL4 0PF4
£341.5K04/210.85 mi1, Aycote Close, Gloucester, Gloucestershire GL4 6QL4
£375K06/210.85 mi7, Aycote Close, Gloucester, Gloucestershire GL4 6QL4
£385K07/230.94 mi1, Pineway, Abbeydale, Gloucester, Gloucestershire GL4 4AE4
£335K06/210.94 mi13, Newark Road, Gloucester, Gloucestershire GL1 5TW4
£225K04/210.95 mi9, Cranwell Close, Matson, Gloucester, Gloucestershire GL4 6JR4
£248K03/210.95 mi41, Cranwell Close, Matson, Gloucester, Gloucestershire GL4 6JR4
£243K03/230.95 mi25, Slaney Street, Gloucester, Gloucestershire GL1 4TH4
£315K11/200.95 mi43, Central Road, Gloucester, Gloucestershire GL1 5BU4
£315K02/210.95 mi37, Central Road, Gloucester, Gloucestershire GL1 5BU4
£287K07/230.95 mi68, Evenlode Road, Tuffley, Gloucester, Gloucestershire GL4 0JX4
£287K07/230.95 mi68, Evenlode Road, Tuffley, Gloucester, Gloucestershire GL4 0JX4
£313.5K08/210.96 mi28, Holmwood Drive, Tuffley, Gloucester, Gloucestershire GL4 0PP4
£310K12/220.97 mi23, Central Road, Gloucester, Gloucestershire GL1 5BY4
£330K06/210.97 mi4, Old Painswick Road, Gloucester, Gloucestershire GL4 4PX4
£325K06/210.97 mi24, Saintbridge Close, Gloucester, Gloucestershire GL4 4AN4
£353K01/230.98 mi18, Skylark Way, Abbeydale, Gloucester, Gloucestershire GL4 4QY4
£300K02/230.98 mi33, Saintbridge Close, Gloucester, Gloucestershire GL4 4AN4
£215K03/210.99 mi15, Marlstone Close, Gloucester, Gloucestershire GL4 6ES4

Local Rents

50 rents from £975/mo to £4.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30004/240.44 miLaburnum Road, Gloucester, GL13
£1,30003/240.44 mi-3
£1,25005/240.46 miTintern Road, Tuffley3
£1,30004/240.48 miLewisham Road, Gloucester3
£1,05004/240.53 miKitchener Avenue, Gloucester3
£1,20004/240.53 miKitchener Avenue, Gloucester, GL1 5EN3
£1,56004/240.69 miCalton Road Gloucester GL1 5DY3
£1,49505/240.72 miCountry View, Gloucester4
£2,89504/240.74 miLinden, Gloucester5
£4,25003/250.74 mi-7
£1,50012/240.76 mi-3
£1,25004/240.76 mi-3
£1,05004/240.77 miBadminton Road, Matson3
£2,50002/250.77 mi-5
£1,16502/250.79 mi-3
£2,30005/240.8 miWilton Road, GL14
£2,30005/240.8 miWilton Road, Gloucester4
£2,75005/240.82 miLinden Road, Gloucester5
£2,50004/240.82 mi-3
£2,00004/250.82 mi-3
£97504/240.83 miTredworth Road, Gloucester GL1 4QR3
£1,27502/240.83 mi-3
£1,35005/240.83 mi-3
£1,35004/240.83 miTredworth Road, Gloucester, GL13
£1,35001/250.85 mi-3
£1,10004/240.87 miSeymour Road, Linden, Gloucester3
£2,00004/240.9 miHanman Road, Gloucester, Gloucestershire, GL14
£1,50001/240.92 mi-3
£1,30005/240.92 miDreadnaught Drive, Gloucester, GL13
£2,34002/250.92 mi-4
£1,15004/240.92 miGranville Street, Linden3
£2,30004/240.93 miHartington Road, Gloucester4
£1,22504/240.94 mi-3
£1,30004/240.94 mi-4
£1,30004/250.94 mi-3
£1,17504/240.94 miSeymour Road, Linden, Gloucester3
£1,05005/240.95 miSeymour Road, Linden3
£1,60001/250.96 mi-3
£1,85004/250.96 mi-4
£1,69504/250.96 mi-4
£1,10004/240.97 miCecil Road, Gloucester3
£2,85004/240.97 miGranville Street, Gloucester, Gloucestershire, GL15
£2,22012/240.97 mi-4
£1,15003/240.99 mi-3
£97504/240.99 mi-3
£3,00004/241 miCentral Road, Gloucester5
£1,25004/241 miElderwood Way, Tuffley, Gloucester, GL4 0RA3
£2,14004/241.02 miLysons Avenue, Linden. GL14
£2,14004/241.02 miClegram Road, Linden. GL14
£1,30004/241.04 miBristol Road, Gloucester3

Local Area Statistics

Population in GL4

47,341

Population in Gloucester

173,084

Town centre distance

1.11 miles away

Nearest school

0.40 miles away

Nearest train station

1.71 miles away

 

 

Rental demand

Balanced market

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £550,000

March 24, 2025

Floor Plans

Description

  • Spacious Four Bedroom Detached Family Home +
  • In Need of Modernisation with Exceptional Potential for Enhancement +
  • Planning Permission Granted for Three Years +
  • Three Versatile Reception Rooms +
  • South-West Facing Garden +
  • Plot Measuring Approx Half and Acre +
  • Parking for Multiple Vehicles on Driveway Leading to the Garage +
  • Situated on the Edge of Robinswood Hill Country Park +
  • Located Close to Grammar Schools, Amenities and Transport Links +
  • EPC Rating: D +

Murdock and Wasley Estate Agents are delighted to present this 1950s four bedroom detached home, ideally situated on the edge of Robinswood Hill Country Park.

In need of modernisation, the property benefits from planning permission for a two storey side and rear extension, a front first floor gable extension along with front and rear single storey extensions, all completed with a full house render and cladding, offering an excellent opportunity to create a forever home.

The accommodation comprises a spacious open-plan lounge and dining area with a coal-burning fireplace, study, workshop, garage and a driveway providing off-road parking for at least four vehicles. There is also a private south-west facing garden which extends over 100ft, creating an ideal space for outdoor entertaining.

Conveniently located close to well-regarded schools, local amenities, and excellent transport links, this property presents a fantastic opportunity.

Early viewing is highly recommended.

Entrance Hall - Accessed via wooden door, power points, radiator, stairs to first floor landing with storage beneath, parquet flooring. Doors lead off:

Cloakroom - Suite comprising: Pedestal wash hand basin with separate hot and cold tap, low-level wc, wall-mounted mirrored cupboard, front aspect window.

Kitchen - Range of wall, base and drawer mounted units, worksurfaces, one and a half bowl stainless steel sink with mixer tap, oven/hob with four ring hob and extractor above. Appliance points, power points, radiator, ideal floor standing boiler, pantry, space for table and undercounter fridge. inset ceiling spotlights, part tiled walls, rear aspect upvc double glazed windows. Doors leading to inner hallway and lean to.

Lean To - Door to utility cupboard with plumbing for a washing machine and a separate door leading to the workshop. Rear and side aspect windows with door leading to the garden.

Lounge - Tv point, power points, radiator, feature coal burning fireplace, rear and side aspect upvc double glazed windows with French doors leading into the garden.

Dining Room - Power points, radiator, front and side aspect upvc double glazed windows.

Study - Power points, radiator, front aspect upvc double glazed window.

Inner Hallway - Power points, door to:

Garage - Up 'n' over door, power and lighting.

Workshop - Power points, rear aspect window.

First Floor Landing - Power point, radiator, airing cupboard housing immersion tank, access to loft via hatch, front aspect upvc double glazed window. Doors lead off:

Bedroom One - Power points, radiator, front aspect upvc double glazed windows.

Bedroom Two - Power points, radiator, built in wardrobes and dressing table, rear aspect upvc double glazed window.

Bedroom Three - Power points, radiator, built in wardrobe, front aspect upvc double glazed window.

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

Bathroom - Suite comprising: bath with shower over, low-level wc, bidet, pedestal wash hand basin with mixer tap, part tiled walls, wall-mounted cupboard, rear aspect upvc double glazed window.

Outside - At the front of the property, a tarmac driveway curves around a raised flower bed, bursting with an array of mature trees, plants, and vibrant shrubs. The driveway is framed by lush greenery, including an assortment of trees, bushes, and colourful flowers, creating a picturesque approach to the home. Stone-cut steps lead up to the front door.

To the rear, the property reveals a stunning, private, and sun-drenched southwest-facing garden. This beautifully landscaped outdoor space is predominantly laid to lawn, interspersed with a flurry of mature trees and carefully curated flower beds. Enclosed by dense hedging, it offers a true sense of seclusion and tranquillity. A gated side entrance provides convenient access.

Agent Note - We are advised that the property has planning permission granted for three years for a double storey side and rear extension. Front first floor gable extension and front and rear single storey extensions with full house render and cladding.

More information can be found at:
REF: 24/00911/FUL

Tenure - Freehold

Local Authority - Gloucester City Council
Council Tax Band: E

Services - Mains water, gas, electricity & drainage.

Awaiting Vendor Approval - 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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