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Central Lydbrook, Lydbrook

South West

£250,000
Listed on 20/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1647 sqft

Description

This property presents a unique investment opportunity with two semi-detached cottages located in the heart of the idyllic village of Lydbrook, nestled within the scenic Forest of Dean. Both cottages are in need of comprehensive renovation, allowing potential buyers to reimagine and customize the spaces to suit their vision. They could be restored as individual holiday rentals, catering to the growing tourism market in this picturesque area, or combined into a single family residence. Each cottage features its own layout, contributing to versatile living arrangements. The first cottage includes a lounge with an original fireplace, a kitchen equipped with essential amenities, and a dining room on the ground floor. Upstairs, there are two bedrooms and a bathroom that offers both character and functionality. The second cottage has a spacious lounge/dining area with another charming fireplace and an adjoining kitchen/breakfast room. The upper level also hosts two bedrooms along with an additional cloakroom. The properties are set on approximately half an acre of terraced gardens that slope gently towards the rear, providing breathtaking elevated views across the Lydbrook Valley. This outdoor space not only enhances the natural beauty of the location but also offers considerable scope for landscaping and outdoor improvements—ideal for creating private retreats or communal areas for guests if used as holiday lets. Both cottages benefit from gas-fired central heating and double glazing, ensuring year-round comfort once renovated. Notably, one cottage utilizes spring water rather than mains supply, which might appeal to those looking for sustainable living options. Situated in a vibrant community close to local amenities, including shops and recreational facilities, this property provides excellent access to picturesque walking trails and outdoor activities inherent to the Forest of Dean region. Given its location and potential for transformation, this dual-cottage setup represents an exceptional prospect for investors or homebuyers seeking a project with significant rental income potential or family-oriented living space.

Investment Analysis

(GL17 area)

Below Market Value

This property is priced -47.0% below area average per sq ft

-47.0%
Potential saving
This Property
£152/sq ft
Area Average
£286/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£518,509
10% above area average per sq ft
Potential ROI
+29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (GL17)

Area prices are falling by +2.8% over the last 12 months
3 year growth: -4.3%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on GL17 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.

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Location

Central Lydbrook, Lydbrook
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