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Development land & Britannia House, High Street, Bream. - Image 1
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Development land & Britannia House, High Street, Bream.

South West

£595,000
Listed on 13/12/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
2260 sqft

Description

This extensive three-storey commercial property presents a significant opportunity for redevelopment, particularly given its previous outline planning consent for building two detached homes and a pair of semi-detached units (planning permission P0671/11/OUT). Currently leased to a stable tenant generating £18,400 per annum, the existing structure offers the potential for transformation into residential accommodations to align with its former planning permissions. Situated in the village of Bream, residents will find a variety of local amenities including cafes, pubs, medical facilities, and schools within easy reach. The nearby market town of Lydney is approximately 3.2 miles away, providing additional services and access to the scenic Forest of Dean with its woodland paths and waterway strolls. With convenient access to major roadways such as the M4 towards London and the M5 leading toward Gloucester and Cheltenham, this property not only holds investment potential but also promises an attractive community setting for future developments.

Investment Analysis

(GL15 area)

Below Market Value

This property is priced -11.2% below area average per sq ft

-11.2%
Potential saving
This Property
£263/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£737,223
10% above area average per sq ft
Potential ROI
+3.1%
After renovation
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

Development land & Britannia House, High Street, Bream.
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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
£2,180
Based on a loan of £446,250 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