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Building Plot, St Swithins Road, Oldcroft, Gloucestershire, GL15 4NF - Image 1
Building Plot, St Swithins Road, Oldcroft, Gloucestershire, GL15 4NF - Image 2

Building Plot, St Swithins Road, Oldcroft, Gloucestershire, GL15 4NF

South West

£320,000
Listed on 22/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This exceptional piece of land in the charming village of Oldcroft presents a remarkable investment opportunity. It comes with approved planning permission for the construction of two luxurious four-bedroom detached homes, each designed to include garages, parking, and private gardens. With initial groundwork already completed, prospective buyers can commence development immediately, minimizing delays. The generous lot sizes and upscale architectural plans are likely to attract significant interest in the current property market, paving the way for a profitable turnaround upon completion. Located in a tranquil setting amid the Forest of Dean, this site is poised to meet the growing demand for quality family residences in the area. The projected combined value for these two homes is estimated between £1.2 million and £1.4 million, indicating strong potential returns for developers. Notably, similar properties in the vicinity have recently sold for impressive figures, highlighting the desirability of this location.

Investment Analysis

(GL15 area)
Area Average
£297/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GL15)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -4.3%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on GL15 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

Building Plot, St Swithins Road, Oldcroft, Gloucestershire, GL15 4NF
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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
£1,172
Based on a loan of £240,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE