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2 x HOUSES | 0.4 ACRE PLOT | GL12

South West

£375,000
Listed on 26/04/2026

Property Details

Bedrooms
6
Type
Plot
Area
1653 sqft

Description

This property presents an intriguing development prospect, featuring two semi-detached houses set on a generous 0.4-acre plot. Both homes encompass a total of 1,653 square feet and require significant modernization, making this an ideal opportunity for investors or home renovators looking to add value. Each house comprises three bedrooms, reception spaces, a kitchen, and essential bathroom facilities. With vacancy already established, immediate renovation work can commence without tenant considerations. There is also potential for extending the existing structures to the side and rear (subject to planning consent), and the overall site may hold further development possibilities. The desirable location in Wotton-under-Edge offers ready access to local amenities and excellent transport links to Bristol and beyond. Given the current condition of the properties, interested buyers should explore all available options for modernizing or expanding these homes to enhance their appeal in this attractive market town.

Investment Analysis

(GL12 area)

Below Market Value

This property is priced -35.7% below area average per sq ft

-35.7%
Potential saving
This Property
£227/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£379
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£641,223
10% above area average per sq ft
Potential ROI
+35.0%
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
10%
Properties sold annually

Local Market Trend (GL12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -6.2%
5 year growth: +8.4%
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.

Location

2 x HOUSES | 0.4 ACRE PLOT | GL12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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