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Wades Lane, Pitchcombe, Stroud, Gloucestershire, GL6

South West

£625,000

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Bungalow

Description

The Old Mill Bungalow is situated on the historic site of a former mill, elevated above Painswick Stream. Surrounded by beautifully established gardens that flow gracefully down to the water's edge, this property offers a serene and picturesque environment. Chain-free and with favorable conditions for planning permission, this home presents excellent potential for extension and modernization to cater to a variety of preferences. The current layout includes an entrance hall, a sitting room with dual aspects, two bedrooms, a bathroom, and a shower room. At the rear, you will find a spacious kitchen breakfast room alongside a large sunroom that opens up to the gardens. The outdoor space boasts mature trees, well-maintained borders, vegetable patches, a patio area, and ample lawn. Additional features include generous driveway parking and a double garage. Located in Pitchcombe on the western side of Painswick Valley amid charming period properties and ancient woodlands, this bungalow is conveniently positioned near local amenities and offers excellent transport links to Cheltenham and Gloucester as well as easy access to the M5 motorway for trips to London.

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Investment analysis

(GL6 area)
Area Average
£399/sq ft
Avg Rent (weekly)
£391
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
6%
Properties sold annually

Local Market Trend (GL6)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -8.3%
5 year growth: -3.0%
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

Wades Lane, Pitchcombe, Stroud, Gloucestershire, GL6
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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
£2,361
Based on a loan of £468,750 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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