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Ruspidge Road, Cinderford

South West

£250,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled within the charming village of Ruspidge and surrounded by lush woodland, this detached bungalow from the 1950s presents a unique opportunity for those looking to invest in a property with considerable renovation potential. With two bedrooms and spacious gardens, this residence has plenty of room to reimagine and redefine. Upon entering, you’ll find a welcoming hallway featuring a herringbone patterned hardwood floor that leads to various living areas. The lounge is a comfortable space, equipped with a wood-burning stove and a bay window that frames picturesque views of the surroundings. This room provides an inviting atmosphere ideal for relaxation or entertaining. The kitchen/dining area offers functional space with cottage-style oak cabinetry, featuring essential appliances such as a gas hob and double oven. Additionally, the room includes a walk-in larder and a cozy gas fire with back boiler functionality for central heating. Access to the rear porch allows for seamless transitions between indoor and outdoor living. Both bedrooms are well-sized and come with built-in storage solutions—Bedroom One offers delightful front views while Bedroom Two has access to the rear garden. Note that there is some ceiling damage in Bedroom Two due to a previously fixed water leak; however, this presents another area where future renovations can add value. The property includes an external cellar accessible from outside, offering additional storage options despite its limited height. Outside, the front garden is adorned with mature shrubs, while the expansive rear garden features multiple outbuildings—ideal for gardening enthusiasts or as extra storage—and boasts ample greenery with grassed sections and established trees. With side access leading directly to the back garden stretching approximately 120 feet in length, there are numerous possibilities for extension or landscaping projects (pending necessary consents). Furthermore, this property includes convenient parking options with a detached garage serving up to two vehicles. All main services are connected; however, prospective buyers should note that systems have not been tested recently. This bungalow not only represents an appealing home but also serves as an enticing investment opportunity in an area characterized by natural beauty and community charm.

Investment Analysis

(GL14 area)
Area Average
£265/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GL14)

Area prices are falling by +6.9% over the last 12 months
3 year growth: -9.1%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on GL14 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

Ruspidge Road, Cinderford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE