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At Miry Fields, Pike Lane, Nailsworth

South West

£500,000
Listed on 24/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1432 sqft

Description

This property presents a unique opportunity for investors or those looking to create their dream home in the highly regarded market town of Nailsworth. The current offering includes a dilapidated barn, which comes with full planning permission for conversion into a two-bedroom residence. Envision transforming this structure into a character-rich home that reflects your personal style. Accompanying the barn is approximately four acres of land, providing ample space for various possibilities, including additional equestrian facilities. With further planning permission already in place to construct new stabling, this site has significant potential for those interested in horse ownership or simply seeking room to expand. The location is particularly advantageous—situated within a vibrant community known for its local amenities and welcoming atmosphere. This property not only allows for immediate renovation prospects but also serves as an investment with promising growth potential. Prospective buyers should note that entry into the barn is prohibited due to safety concerns from an unstable roof structure. As such, viewings are restricted to external observation only, and caution should be exercised when exploring the surrounding land due to uneven ground conditions. Full planning details can be accessed online through Stroud Council under reference S.24/0483/FUL, providing valuable insight into the possibilities that await at this remarkable site.

Investment Analysis

(GL6 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£349/sq ft
Area Average
£399/sq ft
Avg Rent (weekly)
£291
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£628,347
10% above area average per sq ft
Potential ROI
-16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (GL6)

Area prices are falling by +7.9% over the last 12 months
3 year growth: -6.4%
5 year growth: 3.1%
Investment Disclaimer: Analysis based on GL6 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

At Miry Fields, Pike Lane, Nailsworth
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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