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(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 1
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 2
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 3
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 4
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 5
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 6
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 7
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 8
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 9
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 10
(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT - Image 11

(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT

South West

£425,000
Listed on 13/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled within an expansive acre in the tranquil countryside of Popes Hill, Keepers Cottage offers a unique opportunity for renovation and investment. The property is ideally situated to take advantage of stunning views over the Severn Valley and toward the Cotswold Hills, making it not only a serene retreat but also a desirable location for potential buyers. This offering includes a substantial derelict house with an attached barn, along with a separate stone cottage that features an adjoining shed or workshop. Additionally, an original two-storey stone barn adds historical character to the site. Previously granted planning permission (now lapsed) allows for the transformation of the main house and cottage into a spacious 6-bedroom dwelling, providing excellent possibilities for redevelopment. Relevant planning references are available on the Forest of Dean District Council’s portal. The property also includes a detached bungalow currently utilized as temporary accommodation during any renovations, which ensures practical living options while development plans are underway. This two-bedroom bungalow has space that can easily accommodate daily living needs as you navigate your enhancement projects. Both cottages on-site require considerable investment to realize their full potential. The main cottage holds prior approval to be converted into a large family home, while the detached stone cottage has received permission for conversion into an annex perfect for guests or rental income. Outdoor features include double gated access leading to ample parking space and open-fronted shelter. The layout positions the large house centrally, with the original cottage adjacent and the two-bedroom bungalow further down the plot. The garden extends predominantly to the front and enjoys an open south-easterly aspect that bathes it in natural light while showcasing spectacular views of both the Severn Valley and Cotswold Hills. This property presents an exciting canvas for someone looking to engage in substantial renovation work within a picturesque rural setting, making it a promising investment opportunity in today’s market.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
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

(DEVELOPMENT PROJECT), New Road, Popes Hill, Newnham, Gloucestershire. GL14 1JT
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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
£1,557
Based on a loan of £318,750 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