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Wanswell, Berkeley

South West

£449,800
Listed on 28/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1308 sqft

Description

This spacious detached bungalow, situated on a generous plot in the tranquil hamlet of Wanswell near Berkeley, presents an exceptional opportunity for renovation and investment. 'Armorel Bungalow' is in need of comprehensive refurbishment, offering potential for both families looking to customize their single-storey residence and developers aiming to capitalize on future developments. The property boasts a sizeable outdoor area along with a private driveway, allowing for various landscaping possibilities. Notably, a planning application has been submitted seeking approval to demolish the current structure and replace it with two modern detached two-storey homes (reference S.25/0193/OUT with Stroud District Council). This aspect significantly boosts the site's investment appeal, pending successful planning permission. Constructed before the 1980s with partial pre-fabricated elements, Armorel Bungalow was later brick-clad; however, it lacks a Pre-Cast Reinforced Concrete (PRC) certificate which may affect mortgage eligibility for some buyers. Therefore, those interested are encouraged to consult their mortgage advisors beforehand. Wanswell offers a serene rural environment while being close to the historic town of Berkeley, known for its picturesque landscapes and amenities including independent shops, cafés, and schools. With easy access to major transport routes like the A38 and M5 motorway alongside proximity to Cam & Dursley railway station ensuring connections to Bristol and beyond, this location caters well for both residential living and development interests.

Investment Analysis

(GL13 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£344/sq ft
Area Average
£304/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£437,467
10% above area average per sq ft
Potential ROI
-20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (GL13)

Area prices are falling by -14.1% over the last 12 months
3 year growth: +3.8%
5 year growth: +14.4%
Investment Disclaimer: Analysis based on GL13 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

Wanswell, Berkeley
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,622
Based on a loan of £337,350 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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