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Kingsmead, Lechlade, Gloucestershire, GL7

South West

£500,000
Listed on 08/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1493 sqft

Description

This detached four-bedroom bungalow presents a promising opportunity for renovation, situated in a tranquil part of an established cul-de-sac development away from busy roads yet conveniently close to local amenities. With a generous internal space of 1,493 sq ft (138 sq m), the property is geared towards those looking to modernize and enhance its potential. Built around 1970, it features traditional stone construction beneath a pitched tiled roof, occupying an attractive corner position with south-facing gardens that are ripe for landscaping. The layout includes a spacious sitting room with significant natural light thanks to extensive glazing, complete with a wood-burning stove that adds warmth and character. The kitchen is well-sized but requires new fittings; it benefits from direct access to the rear lobby leading to the garage, making it functional as well as versatile. All four bedrooms offer ample space and two provide direct garden access through glazed doors, allowing for creative use as additional reception spaces if desired. The bungalow also includes a cloakroom and separate bathroom. Externally, the property boasts ample driveway parking leading to a single garage equipped with an electric roller door. The private rear garden features a paved terrace and mature planting, perfect for outdoor entertaining or relaxing in privacy. With no onward chain and substantial refurbishment required, this property stands out as an excellent investment opportunity in Lechlade—a charming town known for its community spirit and appealing amenities. Ideal for buyers looking to create their dream home in this desirable location.

Investment Analysis

(GL7 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£335/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£360
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£653,882
10% above area average per sq ft
Potential ROI
+10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (GL7)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -1.7%
5 year growth: 12.3%
Investment Disclaimer: Analysis based on GL7 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

Kingsmead, Lechlade, Gloucestershire, GL7
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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
£1,832
Based on a loan of £375,000 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