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Old Road, Coalway, Coleford

South West

£350,000
Listed on 20/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1208 sqft

Description

This charming four-bedroom detached cottage, originating from the 1800s, presents a unique opportunity for renovation in a picturesque setting. Spanning over 1200 square feet and nestled on a generous 0.17-acre plot, the property boasts an array of vibrant gardens, including numerous fruit trees and productive planting areas that are ripe for enhancement. Located on a quiet lane in the desirable village of Coalway, it offers not just character but considerable potential for investment through refurbishment. Coalway is conveniently situated about a mile from Coleford, providing easy access to local amenities such as schools, shops, and recreational facilities. The property's interior features original stone fireplaces and charming beams throughout multiple rooms, which could be revitalized with modern touches while preserving their historical essence. Notably, the kitchen and bathroom may require updating to align with contemporary standards. The outdoor space includes multiple outbuildings with redevelopment possibilities—an ideal location for creating additional living quarters or enhancing leisure spaces (subject to planning). With some thoughtful updates, this cottage can become a serene family home or an attractive rental property within a thriving community. Overall, this delightful residence is perfectly poised for those looking to invest in a property that combines historic charm with significant scope for improvement.

Investment Analysis

(GL16 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£290/sq ft
Area Average
£301/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£399,836
10% above area average per sq ft
Potential ROI
-4.8%
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
32%
Properties sold annually

Local Market Trend (GL16)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -6.4%
5 year growth: +4.9%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 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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