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Chapel Lane, Hillesley, GL12

South West

£275,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
998 sqft

Description

This charming cottage, situated on the outskirts of the desirable village of Hillesley, presents a unique opportunity for renovation and investment. Having been in the same ownership for 69 years, it offers a blank canvas for those looking to breathe new life into a classic Cotswold dwelling. With modernization needed throughout, buyers can envision transforming the space into their ideal home. The property features three bedrooms, a living room with an inviting stone fireplace, and a kitchen that opens to both conservatories—providing great potential for enhancing natural light and creating open-plan living areas. The conservatory spaces can be particularly appealing for those who enjoy gardening or want additional flexible areas to embrace indoor-outdoor living. A key highlight is the generous allotment garden located just a short walk from the cottage. This plot allows for personal cultivation of fruits and vegetables, making it perfect for gardening enthusiasts or anyone seeking to engage with sustainable living practices. While there is no designated parking at the property itself, ample nearby options exist within the village. Hillesley boasts a welcoming rural community atmosphere enriched by local amenities such as a pub and small shops in the neighboring villages of Kingswood and Hawkesbury Upton. For commuting needs, access to major routes including the A46 is convenient, connecting you to Bristol and Bath, making this location practical for daily travel. Given its current state and prime location, this property not only offers a chance to create a personalized home but also presents significant investment potential in an increasingly sought-after area. Whether you're an experienced renovator or considering your first project, this cottage embodies possibilities waiting to be explored.

Investment Analysis

(GL12 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£276/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£382,199
10% above area average per sq ft
Potential ROI
+17.6%
After renovation
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

Chapel Lane, Hillesley, GL12
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