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Market Place, Berkeley

South West

£180,000
Listed on 22/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This Grade II listed former bank building presents a significant opportunity for transformation in a prime town centre location. Encompassing approximately 180 square metres, the ground floor features a substantial retail/office space, additional office areas, an original bank vault, and a kitchenette alongside WCs. Given its strategic position on the high street, the property draws considerable foot traffic, making it suitable for various uses pending planning permission. The premises also include rear access and designated parking with a garage, enhancing its usability and investment potential. Situated in the historic town of Berkeley—known for landmarks like the Jenner Museum and castle—the property is well-connected to larger towns such as Thornbury and Dursley via the A38, appealing to commuters heading towards Gloucester, Bristol, and Cheltenham. This unique premises offers an exciting canvas for renovation or repurposing into retail space or offices, ideal for savvy investors looking to capitalize on its location and historical significance.

Investment Analysis

(GL13 area)
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (GL13)

Area prices are falling by +16.0% over the last 12 months
3 year growth: 0.2%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on GL13 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

Market Place, Berkeley
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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