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Lakeside, Newent

South West

£279,500

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1184 sqft

Description

This extended three/four bedroom family home, situated within the desirable Lakeside development of Newent, presents a compelling opportunity for renovation and investment without a lengthy chain. The property boasts proximity to various local amenities, a scenic lake, and parkland, offering ample space for improvement. Upon entry, the generous living room features a classic front bay window and opens into the dining area. This leads through an archway to the kitchen, which is equipped with base and eye-level units but could benefit from modernisation and appliance upgrades. The conservatory at the rear overlooks the garden and links to further accommodation that was originally part of an attached garage - an ideal space for transformation into a utility or additional living area. A ground floor bathroom and versatile garden room/bedroom four provide further potential for reconfiguration. Upstairs, there are three well-proportioned bedrooms; master bedroom includes built-in wardrobes. In terms of outdoor space, the property features a tiered garden with patio areas suitable for improvement as well as off-road parking to the front. Importantly, prior subsidence issues have been addressed with professional remediation completed on the garden room under guarantee set to lapse, paving the way for safer renovations. Located just eight miles from Gloucester with excellent transport links and local attractions such as vineyards and leisure centres nearby, this property holds significant potential for those looking to invest in a property in need of modern updates.

Investment Analysis

(GL18 area)

Below Market Value

This property is priced -19.9% below area average per sq ft

-19.9%
Potential saving
This Property
£236/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£203
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£383,687
10% above area average per sq ft
Potential ROI
+16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (GL18)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -4.5%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on GL18 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

Lakeside, Newent
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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
£1,056
Based on a loan of £209,625 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

Price History

-6.8% since listed
£279,500£10,000(-3.5%)
03/03/2026
Current price
£289,500£10,450(-3.5%)
06/01/2026
£299,950Initial listing
12/10/2025

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