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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 traditional two-bedroom property is nestled on 2.3 acres of elevated land, offering sweeping views towards the Cotswold Hills and the River Severn, as well as the picturesque Severn Vale to the south. The home has served as a cherished family residence for many years and embodies a serene atmosphere, ideal for those looking to create their own sanctuary. The expansive grounds are divided into distinct areas—including a garden, orchard, and paddock—along with several outbuildings that present opportunities for equestrian activities or small-scale farming. With some renovation and modernization, this property holds significant potential to enhance its value and utility, particularly with possible planning considerations for the paddock area. Located on Driffield Road in a desirable neighborhood adjacent to the Forest of Dean, this property is conveniently situated near various town amenities. Major transport links, including the M4 and M5 motorways, as well as Lydney train station, are easily accessible, making it suitable for commuting and exploring the surrounding region. This property is offered with 'No Onward Chain,' allowing for swift occupancy.

Investment Analysis

(GL15 area)

Above Market Value

This property is priced +74.1% above area average per sq ft

+74.1%
This Property
£516/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£347,408
10% above area average per sq ft
Potential ROI
-42.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GL15)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -4.3%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on GL15 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

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE