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May Meadow Lane, Mitcheldean

South West

£400,000

Listed on 06/06/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow

Description

This semi-detached bungalow features three bedrooms and is designed for convenient single-storey living, while also offering substantial renovation and investment prospects. Notably, the property comes with full planning permission to transform an existing barn into additional accommodation, which could serve as a guest suite, home office, or other functional space, pending the approved designs. Situated on a spacious plot in the desirable village of Mitcheldean, residents will appreciate ample off-road parking and well-maintained gardens close to local conveniences. The layout begins with a central hallway that connects all major areas of the home, leading to a bright living room adorned with large windows that invite natural light and showcase views of the surrounding greenery. This room comfortably supports various furniture arrangements and features a charming fireplace that adds character. Adjacent to the living area is a galley-style kitchen equipped with fitted cabinets, generous worktop space, and room for appliances. The kitchen’s neutral tones offer potential for modern updates while still being practical. A sunroom enhances the property’s appeal by providing panoramic views of the garden through expansive glazing. It serves as a versatile area suitable for relaxation or hobbies and has easy access to outdoor spaces. The bungalow includes three well-sized bedrooms that cater to different needs; one is particularly spacious and bright enough to accommodate larger furnishings. Additionally, there’s adaptability in how these rooms can be utilized—whether as bedrooms or multifunctional spaces. The bathroom features traditional fittings but provides opportunities for contemporary refurbishment to suit personal tastes. A sizeable loft presents further potential for conversion into additional living space with en-suite facilities once relevant permissions are obtained. Outside, the property boasts an extensive lawned area complemented by mature hedges and a sweeping driveway that leads to multiple parking options. Several structures including a detached garage enhance functionality for storage or workshops. The gardens are well-kept providing an inviting outdoor environment. Moreover, planning approval allows for conversion of the barn into a stylish residential unit comprising three bedrooms along with modern amenities like an open-plan kitchen-diner. This presents unique possibilities for multi-generational living or rental income—significantly boosting both versatility and long-term value.

Investment Analysis

(GL17 area)
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (GL17)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -7.8%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on GL17 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

May Meadow Lane, Mitcheldean
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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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