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Velthouse Lane, Longhope

South West

£365,000
Listed on 17/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This unique detached bungalow offers a generous plot of approximately one-third of an acre, set against a backdrop of tranquil countryside views. While the property is currently in need of significant updating, it presents a promising opportunity for renovation or redevelopment. In 2020, planning permission was granted (now lapsed) to replace the existing structure with a new build, underscoring the potential for future investment. The sizable grounds include ample off-road parking and a large block-built outbuilding that could serve various purposes such as a workshop or home office, complementing the additional detached garage. Inside, the layout consists of two bedrooms, a spacious living room featuring a wood-burning stove, a kitchen/diner awaiting modern refitting, and a conservatory that opens onto the gardens. The plot also benefits from easy driveway access through large twin gates, accommodating vehicles or even machinery.

Investment Analysis

(GL17 area)
Area Average
£291/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (GL17)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.5%
5 year growth: +13.0%
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.

Location

Velthouse Lane, Longhope
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,316
Based on a loan of £273,750 over 30 years at 4.06% 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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