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Old Road, Coalway, Coleford

South West

£250,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
979 sqft

Description

This semi-detached cottage offers a unique opportunity for renovation and investment in a desirable village setting. With three bedrooms, the property presents a fantastic canvas for buyers looking to enhance its character and embrace the potential it holds. Entering through the porch, you’re welcomed into an entrance hallway that leads to a cozy lounge featuring an open fireplace, perfect for creating a warm atmosphere. The adjacent dining room includes a solid fuel stove with back boiler functionality, providing central heating—an appealing feature for those considering energy efficiency improvements. The kitchen is equipped with essential base and wall-mounted units, along with space for modern appliances, making it ripe for updating to meet contemporary standards. The first floor hosts three bedrooms of varying sizes, each offering natural light from front or side aspect windows. Notably, the second bedroom includes an airing cupboard, presenting additional storage solutions often sought after in family homes. Outside, the generous south-west facing garden boasts tiered flower borders and an existing fish pond, creating an inviting outdoor space ripe for landscaping. From here, you can enjoy elevated views over the surrounding area. A private parking area accessible via gated entry adds further convenience and security. Located in a sought-after village known for its community feel and access to local amenities, this property not only offers immediate residence but also significant investment potential. With mains water and electric already connected and drainage available on-site (mains gas is located nearby), prospective buyers will find this property easy to develop into their vision of home or rental investment. This cottage is currently undergoing probate processes; however, this should be resolved shortly. Interested parties are encouraged to view at their earliest convenience to explore the personal touches they could bring to this promising property.

Investment Analysis

(GL16 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£255/sq ft
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£317,416
10% above area average per sq ft
Potential ROI
+9.5%
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
9%
Properties sold annually

Local Market Trend (GL16)

Area prices are falling by +11.2% over the last 12 months
3 year growth: -3.9%
5 year growth: 9.5%
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

Old Road, Coalway, Coleford
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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
£916
Based on a loan of £187,500 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