.png)
15 Buchanan Close, Coleford, Gloucestershire
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant Two-Bedroom Freehold Terraced House
15 Buchanan Close, Coleford, Gloucestershire
£90,000+
• 2 Bedrooms
• Terraced House
• Freehold
• Vacant
• Off street parking
Description
A Vacant Two Bedroom Mid Terrace House in Need of Refurbishment. The property comprises a two bedroom mid terrace house arranged over ground and first floors.
Accommodation
Ground Floor: Reception Room, Kitchen. First Floor: Two Bedrooms, Bathroom. Exterior: Rear garden and off street parking.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Bells Field are within easy reach. Transport links are provided by Lydney rail station and the A40.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Vacant |
Parking |
Off street parking |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
The supplied sold comparables are materially historic: 2002, 2007 and 2014. They do not support a reliable current market value or GDV. The subject is vacant and requires refurbishment, but no current valuation, works budget or specific condition schedule is provided.
Investment Snapshot
Guide Price |
£90,000+ (plus fees) |
Strategy Recommendation
Do not establish a bid or proceed on the supplied evidence alone. Obtain the legal pack, current inspection-based refurbishment quotation, current valuation evidence and rental evidence before considering purchase.
Works Required
Refurbishment of the two-bedroom terraced house, including review and renewal of finishes and the kitchen, bathroom and other items identified by inspection. No specific defects or scope are evidenced.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
10, Buchanan Close, Coleford, Forest Of Dean, Gl16 8eg |
£99,999 |
|
13, Buchanan Close, Coleford, Coleford, Forest Of Dean, Gl16 8eg |
£85,000 |
|
15, Buchanan Close, Coleford, Coleford, Forest Of Dean, Gl16 8eg |
£12,000 |
|
19, Buchanan Close, Coleford, Coleford, Forest Of Dean, Gl16 8eg |
£17,280 |
Potential BRRR Position
A BRRR assessment cannot be completed because current GDV, refurbishment cost, rent and refinance assumptions are unsupported. The property is vacant and requires refurbishment, creating execution and funding risk.
Buy-to-Let Analysis
No sufficiently specific rental comparable or auctioneer rent estimate is supplied, so rent, yield and BTL viability cannot be established. The £1,800 administration charge and other possible fees would also need to be included in the final appraisal.
Flip Analysis
A flip appraisal cannot be supported from the evidence. The available comparables are historic and no refurbishment budget or supported selling allowance is provided.
Investor Risks & Due Diligence
• Property is vacant and described as needing refurbishment.
• No current market valuation or reliable current comparable evidence is supplied.
• No sufficiently specific rental evidence is available.
• Refurbishment costs are unquantified.
• Buyer must investigate possible search fees, seller-cost reimbursement, legal fees, transfer fees and other disbursements.
• EPC, council tax and heating information are not supplied.
Recommendation
Do not establish a bid or proceed on the supplied evidence alone. Obtain the legal pack, current inspection-based refurbishment quotation, current valuation evidence and rental evidence before considering purchase.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
Current market, rental, condition-cost and valuation evidence is incomplete; the supplied comparables are historic.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
101
Property Location:
15 Buchanan Close, Coleford, Gloucestershire
View our Property Calculators:
-
BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.
-
Buy to Let Calculator - Calculate rental yield, cash flow and potential return.
-
Property Development Calculator - Assess development costs, GDV and potential profit.
-
Build Cost Calculator - Estimate refurbishment, extension and construction costs.
-
Bridging Finance Calculator - Estimate borrowing costs and potential finance requirements.
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
Jewson Coleford
Builders Merchant
Tel:
01594 832276
More Auction Properties from:
Auction House London
Image | Property Title | Price | Postcode | Location | Auction Date | Status |
|---|---|---|---|---|---|---|
A Vacant Three Bedroom Mid Terrace House | £437,000 | UB5 | London - Middlesex | 28/05/2025 | Sold | |
A Vacant Three Bedroom Semi Detached House. Potential | £674,000 | AL1 | Hertfordshire | 28/05/2025 | Sold | |
A Mid Terrace Building Arranged to Provide a Ground Floor Shop | £365,000 | IG9 | Essex | 28/05/2025 | Sold | |
A Plot of Land Measuring Approximately 560 sq m (6,027 sq ft) | £66,000 | GL5 | Gloucestershire | 29/05/2025 | Sold | |
A Vacant First Floor Two Bedroom Retirement Flat | £16,000 | GU11 | Hampshire | 29/05/2025 | Sold | |
A Plot of Land Measuring Approximately 161 sq m (1,733 sq ft). Of | £60,000 | CO1 | Essex | 29/05/2025 | Sold | |
A Ground Floor Studio Flat Subject to an Assured Shorthold Tenanc | £25,000 | LE2 | Leicester | 29/05/2025 | Sold | |
A Vacant Substantial Detached Building Arranged to Provide a Eigh | £348,000 | FY1 | Lancashire | 29/05/2025 | Sold | |
A Vacant Ground Floor Two Bedroom Flat | £75,000 | BN17 | West Sussex | 29/05/2025 | Sold | |
Land and Roadways Measuring Approximately 1.01 Acres / 4,087 sq m | £750 | ME8 | Kent | 29/05/2025 | Sold | |
Land and Roadways Measuring Approximately 5.1 Acres / 20,639 sq m | £500 | SO22 | Hampshire | 29/05/2025 | Sold | |
A Vacant First Floor Studio Flat | £76,000 | SK4 | Cheshire | 29/05/2025 | Sold |