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Gypsy Lane, Nempnett Thrubwell

South West

£1,400,000
Listed on 22/06/2024

Property Details

Bedrooms
8
Type
Detached house
Area
5607 sqft

Description

This expansive country house offers a unique opportunity for renovation and investment in a picturesque setting. With eight bedrooms, the property is well-suited for those considering a family residence or seeking flexible living arrangements. Its spacious layout features multiple reception areas, a conservatory, and a kitchen that connects thoughtfully to utility and boot rooms, enhancing the flow of daily life. Dating back to the 1800s, this home carries a sense of history having been owned by the same family for over a century. The character-filled interiors present ample opportunities for modernization and customization to meet contemporary needs while retaining their original charm. The separate annexe provides additional potential as an independent living space, ideal for extended family or as a rental unit, featuring an open-plan layout with bedrooms and bathrooms. While the flat requires some updating, it adds further versatility to the property, making it suitable for various uses such as guest accommodation or workspace. The lush grounds boast mature trees and even a small lake, creating an inviting outdoor environment. For those interested in expansion or agriculture, there are ten acres of meadows available through separate negotiation. Situated in Nempnett Thrubwell—a quaint village near Blagdon Lake—this location benefits from easy access to local amenities in nearby villages including shops and schools. Commuters will appreciate proximity to Bristol and Bath with regular bus services and railway connections at both cities providing links to London and beyond. Major roadways like the M4 and M5 are also within reach, along with Bristol International Airport offering flights across Europe. This property's combination of size, location, and potential makes it an intriguing option for investors looking to capitalize on its myriad possibilities for development or enhancement. Viewing is recommended to fully appreciate all that this versatile home has to offer.

Investment Analysis

(BS40 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£250/sq ft
Area Average
£385/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£140,000 - £350,000
10-25% of property value
Target Value
£2,372,406
10% above area average per sq ft
Potential ROI
+35.6%
After renovation
Monthly Sales
9
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BS40)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 5.4%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on BS40 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gypsy Lane, Nempnett Thrubwell
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