Coleford: 01594 835751     |   Cinderford: 01594 825574  

Forest Close Staunton, Coleford
Guide Price £425,000

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  • BEST OFFERS IN WRITING
  • INVESTMENT FREEHOLD PROPERTY
  • 4 SELF-CONTAINED APARTMENTS
  • EXCELLENT CONVERSION
  • GOOD RENTAL YIELD
  • CAN BE USED AS A FAMILY HOME
  • VIEWING ESSENTIAL

DEAN ESTATE AGENTS offer for sale this portfolio of apartments, having been refurbished to exacting standards and all with modern requirements met by the current owners. The property was previously occupied and used as a 'residential home' for several occupants with the accommodation being divided into 4 superb apartments and large communal gardens. No expense was spared in the conversion which will be appreciated upon viewing. We are currently letting the apartments on Assured Shorthold Tenancies and wish to seek buyers/investors looking for return on their investment. We are selling the freehold of this unique development and currently achieve an annual rental income of 26,580.00 per annum from four separate dwellings. We also achieve a further 6720.00 per annum as a service charge which covers communal maintenance. The property also offers excellent, private parking spaces for numerous cars and large communal gardens with a rural backdrop. Located in the village of Staunton, both the towns of Coleford and Monmouth are within five and fifteen minutes driving distance respectively. Overall, we recommend this property to investors seeking rental income from well-maintained property together with tenants in situ.

The accommodation comprises the following, all measurements are approximate:

Flat 1:
The property is approached via a private front door or alternatively there is access through the communal area if preferred. Service Charge for oil and electric applicable. Separate Postboxes. Separate room for washing and washing machines are provided.

Flat 1 - Lounge
16' 2'' x 10' 6'' (4.92m x 3.20m):
L-shaped lounge with doors to bathroom and stairwell, double glazed window to front, spotlights, smoke detectors, radiator.

Flat 1 - Bathroom:
With paneled bath and shower over, mirror, tiled walls, wash hand basin, low level WC sat in vanity unit, extractor fan, spotlights.

Flat 1 - Inner Hallway:
With steps to gallery picturesque windows to gardens giving access to Kitchen area. Door to bedroom.

Flat 1 - Bedroom
9' 11'' x 8' 4'' (3.02m x 2.54m):
Double glazed window to rear gardens, radiator, fitted cupboards, lino flooring, spotlights and smoke detector.

Flat 1 - Kitchen/Diner
22' 10'' x 10' 4'' (6.95m x 3.15m):
A large space with a range of wall and base units, work surfaces, electric oven and hob, extractor fan, stainless steel sink unit with mixer taps, double glazed french doors giving access to the gardens and patio area, spotlights, smoke detectors, gas central heating boiler, lino flooring, built in dishwasher and fridge freezer.

Flat 2:
Approached via a private front door or alternatively there is access through the communal area if preferred. Service Charge for oil and electric applicable. Separate Postboxes. Separate room for washing and washing machines are provided.

Flat 2 - Lounge
14' 4'' x 12' 0'' (4.37m x 3.65m):
Double glazed window to your own private gardens, lino flooring, doors to kitchen, wet room and bedroom, spotlights, smoke alarms and radiator.

Flat 2 - Kitchen
9' 7'' x 6' 8'' (2.92m x 2.03m):
A modern range of wall and base units in taupe, work surfaces, double glazed window to rear with views over the communal gardens, stainless steel sink unit with mixer taps, electric oven and hob, extractor hood, spotlights and radiator.

Flat 2 - Bedroom
12' 6'' x 12' 0'' (3.81m x 3.65m):
Laminate flooring, spotlights, double glazed window to private gardens.

Flat 2 - Wet Room:
Wet Room style with a Low level WC, wash hand basin, shower, extractor.

Flat 3:
Approached via a communal front door. Service Charge for oil and electric applicable. Separate Postboxes. Separate room for washing and washing machines are provided.

Flat 3 - Bedroom
12' 7'' x 11' 1'' (3.83m x 3.38m):
Lino Flooring, double glazed window to front aspect, spotlights and radiator door to shower room and steps to kitchen.

Flat 3 - Shower Room:
Low level WC, wash hand basin, obscured double glazed window to rear, shower cubicle with rain shower, spotlights, mirror, tiled walls, radiator.

Flat 3 - Lounge/Kitchen
18' 2'' x 16' 10'' (5.53m x 5.13m):
Open plan living space with lino floors, double glazed window to front, spotlights, roller blinds, fire door (NO ACCESS UNLESS IN EMERGENCY) BT points. Wall and base units, modern newly fitted, built in fridge freezer, oven, hob, extractor, stainless steel sink unit with mixer taps over, storage area.

Flat 4:
Approached via a communal front door and stairs to apartment. Service Charge for oil and electric applicable. Separate Postboxes. Separate room for washing and washing machines are provided.

Flat 4 - Bedroom
16' 9'' x 10' 4'' (5.10m x 3.15m):
Double glazed window to rear gardens, spot lights, storage cupboard, door to wet room.

Flat 4 - Wet Room:
With WC, Wash hand basin, obscured double glazed window to rear, shower over, spotlights, mirror, extractor fan.

Flat 4 - Lounge/Kitchen
16' 11'' x 10' 5'' (5.15m x 3.17m):
Open plan living space, laminated flooring, fire door (TO BE USED ONLY IN EMERGENCY) Double glazed window to front and back. Kitchen range of wall and base units, work surfaces, cooker, hob, extractor fan, smoke alarms, spotlights, BT point.

Outside:
The apartments have allocated parking and side access to communal gardens. The gardens are extensive with mature shrubs and trees, private and secure.

Consumer Protection from Unfair Trading Regulations 2008
Dean Estate Agents Ltd have prepared the information within this website/brochure with infinite care. It is intended to be indicative rather than definitive, without a guarantee of accuracy. Before you act upon any information provided, we request that you satisfy yourself about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. These details do not constitute any part of any Offer, Contract or Tenancy Agreement. Photographs used for advertising purposes may not necessarily be the most recent photographs, although every effort is made to update photographs at the earliest opportunity. Any reliance you place on such information is therefore strictly at your own risk. All photographic images are under the ownership of Dean Estate Agents Ltd and therefore Dean Estate Agents retain the copyright. You must obtain permission from the owner of the images to reproduce them. Energy Performance Certificates are supplied to us via a third Party and we do not accept responsibility for the content within such reports. Through this website you may be able to link to other websites which are not under the control of Dean Estate Agents Ltd. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. As with leasehold property or new build development sites, you are likely to be responsible for management charges and/or ground rent or a contribution to the development service charge. You may also incur fees for items such as leasehold packs and, in addition, you will also need to check the remaining length of any lease before you complete a mortgage application form. You must therefore consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase or incurring costs. Viewings: You are advised to contact the agent on the day of viewing to ensure that the appointment is confirmed or if you are unable to meet your appointment. Reference: DEA02821 Tenure: We are advised freehold.

Covid-19 Viewing Guidelines:
1. Please ensure you have viewed our marketing material to avoid any unnecessary physical appointments. Pay particular attention to the floorplan, dimensions, video (if there is one), as well as the location marker and/or street views. 2. Only 2 people from the same household are able to view at the same time and we ask politely that no children attend. 3. You will have to wear your own face mask and, on most occasions, remove shoes upon entry. We are unable to provide face masks. 4. The viewing will be touchless with doors left open and we will maintain a minimum 2 metre distance as much as possible. 5. Viewings are limited to 30 minutes. 6. If you are feeling unwell prior to the appointment, please make arrangements to cancel and inform us as soon as possible. 7. Printed brochures will not be provided but can be emailed or downloaded. 8. Questions and answers will take place by phone following the viewing or at a time to suit.


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Name Location Type Distance
Forest Close Staunton
Coleford GL16 8PG
County: Gloucestershire
Sale Type: For Sale
Ref #: DEA02913

T: 01594 835751

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