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Newland Street, Coleford GL16

South West

£220,000
Listed on 07/01/2025

Property Details

Bedrooms
2
Type
Detached House
Area
850 sqft

Description

This two-bedroom detached cottage offers a promising opportunity for both investors and prospective homeowners looking to make their mark. Nestled within a generous plot, the property features well-enclosed gardens that provide an ideal backdrop for outdoor activities and gatherings. Although some updates are needed to bring it up-to-date, this cottage possesses significant potential as either a welcoming family residence or an attractive Airbnb venture. Located just a short stroll from the heart of Coleford, residents will find themselves surrounded by an array of amenities including shops, supermarkets, dining options, and recreational facilities such as a cinema and golf courses. Educational establishments for various age groups are also easily accessible. Upon entering the cottage, you’re welcomed by a spacious hallway with classic tiling leading towards inviting living areas. The lounge is generously sized and benefits from dual-aspect windows that flood the room with light; an electric fireplace serves as a charming center point here. The kitchen embodies traditional farmhouse aesthetics with ample space for cooking and entertaining, making it perfect for family breakfasts or evening meals. Its rustic character is enhanced by brick features and tiled splashbacks, offering great potential for modern upgrades. Upstairs, you’ll find two good-sized bedrooms that frame lovely views of the surroundings, promoting a serene atmosphere. The principal bedroom is equipped with fitted wardrobes for convenient storage, while the second bedroom can function comfortably as a guest room. The shower room is practical with a walk-in design that prioritizes ease of use. The outdoor space is accessed through secure gates leading to various garden sections including a sizeable enclosed patio area—ideal for relaxation—and additional pathways leading to useful structures such as a storage room and summer house. This property stands out not only due to its charm but also its ability to be transformed into something even more special.

Investment Analysis

(GL16 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£259/sq ft
Area Average
£296/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£276,713
10% above area average per sq ft
Potential ROI
+6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (GL16)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -2.8%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on GL16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Newland Street, Coleford GL16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£779
Based on a loan of £165,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-4.3% since listed
£220,000£10,000(-4.3%)
25/03/2026
Current price
£230,000Initial listing
07/01/2025

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