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Joyford Hill, Coleford

South West

£650,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached Bungalow
Area
2634 sqft

Description

This spacious four/five-bedroom chalet bungalow is set on an expansive 1.13-acre plot, presenting significant renovation and investment opportunities. Nestled in an elevated position on Joyford Hill, the property boasts a generous layout with 2,634 sq ft of living space (excluding the detached double garage and pool house) and extensive grounds that include large gardens, a paddock, and an indoor swimming pool enclosure. Designed over 65 years ago, the home features well-proportioned rooms conducive to comfortable family living or multi-generational arrangements, making it adaptable for various lifestyles or potential alterations. The existing structure includes bright reception areas, a sizeable kitchen/dining room ideal for reconfiguration, and five flexible bedrooms—some currently serving as multifunctional spaces like a games room. The indoor swimming pool area offers the potential for an impressive leisure suite after refurbishment. Meanwhile, the paddock and outbuildings can be transformed into hobby spaces or outdoor entertainment areas. Located near Berry Hill, this property benefits from local amenities while maintaining a serene semi-rural atmosphere. The nearby market town of Coleford provides additional services and recreational facilities. With its vast grounds and versatile layout awaiting modernization, this property is primed for renovation and investment potential.

Investment Analysis

(GL16 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£247/sq ft
Area Average
£296/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£857,486
10% above area average per sq ft
Potential ROI
+14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (GL16)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -2.8%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on GL16 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

Joyford Hill, Coleford
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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.

Price History

-7.1% since listed
£650,000£50,000(-7.1%)
27/03/2026
Current price
£700,000Initial listing
28/12/2025

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