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3 Langetts Road, Coleford, GL16 8BT

South West

£89,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
778 sqft

Description

This three-bedroom semi-detached property presents a compelling opportunity for renovation in Coleford. The home, which is vacant and freehold, spans two floors and currently includes an adaptable layout with a reception room, kitchen, and an extra storage area on the ground floor. The first floor consists of three well-sized bedrooms alongside a family bathroom. The entire property requires refurbishment, allowing potential buyers to modernize it according to their taste while likely increasing its market value significantly. Outside, a rear garden offers additional possibilities for landscaping or improvements. Situated in a mature residential neighborhood, this property benefits from proximity to local shops, schools, and essential amenities. Coleford's location within the Forest of Dean also provides access to beautiful countryside and outdoor activities. With convenient transport links to Gloucester and Monmouth, this area appeals to families and investors alike who are looking for a project that promises strong returns.

Investment Analysis

(GL16 area)

Below Market Value

This property is priced -61.3% below area average per sq ft

-61.3%
Potential saving
This Property
£114/sq ft
Area Average
£295/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£252,761
10% above area average per sq ft
Potential ROI
+103.8%
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 +1.1% over the last 12 months
3 year growth: -1.5%
5 year growth: +7.8%
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

3 Langetts Road, Coleford, GL16 8BT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£318
Based on a loan of £66,750 over 30 years at 3.97% 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

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