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Parklands, Wotton-under-Edge

South West

£475,000

Listed on 05/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1243 sqft

Description

This detached four-bedroom home, built in 1968, is situated in a well-established and desirable development near Wotton town centre. The property presents an excellent opportunity for those looking to modernise and reconfigure the space to fit contemporary living standards. With an approximate size of 1243 sq.ft., the accommodation is spread over two levels and features a bright open-plan sitting and dining area that opens onto a patio terrace, perfect for outdoor gatherings. The kitchen has ample fitted units but may benefit from updating with new appliances and fresh design elements. Upstairs, four bedrooms offer generous space; however, some reconfiguration could optimise functionality. The bathrooms also require modernisation to enhance comfort. Outside, the southerly facing garden includes a lawn area dotted with mature trees, providing potential for landscaping improvements or even creating additional outdoor living spaces. With off-street parking and a garage equipped with power and light, this property is ready for a new family to inject their personal touch into it while maintaining its treasured character.

Investment Analysis

(GL12 area)

Above Market Value

This property is priced +6.2% above area average per sq ft

+6.2%
This Property
£382/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£299
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£492,160
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (GL12)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -6.0%
5 year growth: +9.2%
Investment Disclaimer: Analysis based on GL12 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

Parklands, Wotton-under-Edge
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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
£1,794
Based on a loan of £356,250 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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