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Bristol Road, Falfield, Wotton-under-Edge, Gloucestershire, GL12 - Image 1
Bristol Road, Falfield, Wotton-under-Edge, Gloucestershire, GL12 - Image 2
Bristol Road, Falfield, Wotton-under-Edge, Gloucestershire, GL12 - Image 3
Bristol Road, Falfield, Wotton-under-Edge, Gloucestershire, GL12 - Image 4
Bristol Road, Falfield, Wotton-under-Edge, Gloucestershire, GL12 - Image 5

Bristol Road, Falfield, Wotton-under-Edge, Gloucestershire, GL12

South West

£220,000
Listed on 20/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a notable opportunity for developers and investors interested in residential projects. With granted planning permission for a detached four-bedroom home measuring 218m², this site is strategically located in the village of Falfield, just off the A38. The potential for a spacious family dwelling, complete with an attached garage, provides a framework for maximizing investment value. The approved layout includes well-designed living spaces such as an open-plan kitchen/diner, a drawing room, a snug, and four generous double bedrooms—two of which feature en-suite bathrooms. This thoughtful configuration not only enhances livability but also aligns with contemporary buyer preferences. The property occupies a decent-sized plot that allows for two off-road parking spaces in addition to the garage. Falfield itself offers essential amenities including a primary school, local pub, village hall, and playing fields, enhancing the appeal of this location for families. For broader access to services and entertainment options, Thornbury, Berkeley, and Wotton-under-Edge are just a short drive away. The proximity to the M5 motorway (Junction 14) ensures convenient commuting options to larger urban centers. With full planning consent obtained on July 31st, 2024 (reference P24/01466/F), the groundwork has been laid for development. Future owners will benefit from established connections to nearby utilities due to recent surrounding developments. Additionally, prospective buyers will have unrestricted access rights over certain parts of the land. While there are some obligations regarding boundary construction and potential covenants related to outbuildings, these can be navigated effectively with proper planning and foresight. The vendors are particularly keen on offers from buyers who have demonstrated experience in property development and possess clear intentions to commence work within a year. This property not only invites personal touches through renovation but also promises significant investment potential within an expanding community landscape. Interested parties are encouraged to view the site during daylight hours or arrange an appointment through the agents for further discussions on this promising opportunity.

Investment Analysis

(GL12 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GL12)

Area prices are falling by +5.7% over the last 12 months
3 year growth: -7.6%
5 year growth: 6.4%
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.

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Location

Bristol Road, Falfield, Wotton-under-Edge, Gloucestershire, GL12
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