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(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 1
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 2
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 3
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 4
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 5
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 6
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 7
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 8
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 9
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 10
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 11
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 12
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 13
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 14
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 15
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 16
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 17
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 18
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 19
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 20
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 21
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 22
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 23
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 24
(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF - Image 25

(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF

South West

£460,000

Listed on 20/06/2025

Property Details

Bedrooms
3
Type
Detached
Area
1222 sqft

Description

Nestled in the picturesque village of Parkend, this historic property known as The Old Post Office represents a unique opportunity for investors and homeowners alike. Once nearly in ruins, it has been revitalized into a modern family dwelling while retaining its original charm. The residence boasts a bright and spacious sitting room with views over the village cricket green, complemented by a contemporary kitchen that merges seamlessly with an open dining area. With three generously sized double bedrooms, including a master suite with en-suite facilities, this home is designed for comfort and practicality. The family bathroom presents a smart finish, making it functional for everyday use. Outside, the private garden is easily maintained and features a two-storey stone outbuilding that holds significant potential for redevelopment—ideal for those looking to create additional living space or rental opportunities. Surrounded by the natural beauty of the Forest of Dean and close to local amenities such as shops, cafes, and public transport links—including the historic Dean Forest Steam Railway—this property offers both tranquillity and convenience. Furthermore, access to scenic woodlands from the rear adds to its appeal. Available with no onward chain, this property is primed for further enhancement.

Investment Analysis

(GL15 area)

Above Market Value

This property is priced +24.2% above area average per sq ft

+24.2%
This Property
£376/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£407,427
10% above area average per sq ft
Potential ROI
-20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GL15)

Area prices are rising by +7.9% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.6%
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

(3 Beds, Fully Renovated), Folly Road, Parkend, Lydney, Gloucestershire. GL15 4JF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,738
Based on a loan of £345,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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