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Detached Cottage | Modernisation | GL6

South West

£185,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Plot

Description

This freehold detached cottage offers a unique investment opportunity, requiring comprehensive modernization to transform it into a desirable 3-bedroom home. With 1351 square feet of living space distributed across three floors, the current layout includes two reception rooms, a kitchen, breakfast area, and bathroom, along with a dilapidated single-storey extension that is ripe for redevelopment. Significant potential exists with approved planning permission to demolish this existing extension and erect a new two-storey addition. This proposed development will enhance the living area by introducing an open-plan kitchen diner, an additional bedroom, and two extra bathrooms. Situated in Nailsworth within the picturesque Cotswolds, this property is nestled in a sought-after village known for its charming market town atmosphere and accessibility to local amenities. The vacant status of the property allows immediate renovation activities to commence upon acquisition—ideal for those looking to invest or create their dream residence.

Investment Analysis

(GL6 area)
Area Average
£398/sq ft
Avg Rent (weekly)
£256
Avg Yield
2.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £95,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GL6)

Area prices are falling by -9.9% over the last 12 months
3 year growth: -10.1%
5 year growth: -4.2%
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

Detached Cottage | Modernisation | GL6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£667
Based on a loan of £138,750 over 30 years at 4.06% 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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