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Smithy Lane, Greet, Nr Winchcombe

South West

£675,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1807 sqft

Description

Nestled on a generous plot of approximately 0.4 acres, this semi-detached property boasts a wealth of character and significant renovation potential. With picturesque countryside views, it presents an ideal opportunity for those looking to create their perfect home through modernization or extension, subject to the necessary permissions. The property features a large double garage that functions as a carport and workshop, offering flexibility for conversions in line with your vision. Inside, the ground floor encompasses an expansive sitting and dining area, measuring over 7.7 meters, complete with a cozy fireplace. The kitchen is positioned at the rear of the house and is accompanied by a separate utility room and a convenient ground-floor shower room. Upstairs, you will find the principal bedroom featuring an ensuite bathroom alongside three additional bedrooms and a family bathroom. A long driveway guides you from the lane to the ample front lawn, enhancing both privacy and curb appeal. The mature gardens are filled with diverse tree species, creating a serene environment that complements the surrounding landscape. Located just one mile from Winchcombe—a historic Saxon town along the famed Cotswold Way—this property offers both charm and accessibility. Winchcombe's vibrant community provides essential amenities including independent shops, supermarkets, dining options, healthcare facilities, schools, and local clubs. Additionally, its proximity to Cheltenham (7 miles) and Gloucester (16 miles) ensures convenient access to larger urban services while enjoying life in this scenic area recognized for its architectural significance within the Cotswolds Area of Outstanding Natural Beauty. The property benefits from mains gas, drainage, water, and electricity connections as well as gas central heating powered by a boiler. Broadband connectivity via Fibre To The Cabinet is available for installation—an attractive feature for modern living—and mobile coverage is adequate in the area. This unique residence presents an exciting prospect for those eager to invest in a home infused with potential amidst beautiful surroundings.

Investment Analysis

(GL54 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£374/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£462
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£826,684
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL54)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.0%
5 year growth: 12.6%
Investment Disclaimer: Analysis based on GL54 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

Smithy Lane, Greet, Nr Winchcombe
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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
£2,473
Based on a loan of £506,250 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