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(Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU - Image 1
(Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU - Image 2
(Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU - Image 3
(Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU - Image 4
(Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU - Image 5

(Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU

South West

£550,000
Listed on 01/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1065 sqft

Description

This charming traditional property is nestled within 2.3 acres of gently sloping land on the outskirts of town, offering an elevated position with picturesque views of the Cotswold Hills and the River Severn. While Rock House has served as a beloved family residence for many years, it presents significant renovation opportunities that could enhance its appeal and value. The property boasts a diverse landscape divided into distinct areas, including a garden, an orchard, and a paddock, each offering potential for development or alternative uses. With several outbuildings already in place, there is ample space for those interested in equestrian activities or small-scale farming. Furthermore, the paddock may allow for future planning considerations that could further increase its utility. Located in the desirable Driffield Road area, this home benefits from a tranquil atmosphere while being conveniently close to various small-town amenities. The proximity to major road networks (M4 & M5) and Lydney train station makes commuting straightforward, adding to its attractiveness for future buyers or renters. The property is currently available with no onward chain, simplifying the purchasing process for prospective investors looking to capitalize on this unique opportunity.

Investment Analysis

(GL15 area)

Above Market Value

This property is priced +71.0% above area average per sq ft

+71.0%
This Property
£516/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£353,793
10% above area average per sq ft
Potential ROI
-48.5%
After renovation
Monthly Sales
23
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (GL15)

Area prices are falling by +5.9% over the last 12 months
3 year growth: -5.8%
5 year growth: 6.6%
Investment Disclaimer: Analysis based on GL15 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

(Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU
Map showing location of (Project with 2 Acre Grounds), Driffield Road, Lydney, Gloucestershire. GL15 4EU
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