Water Lane, Selsley, Stroud, Gloucestershire, GL5
South West
£400,000
Listed on 21/08/2026
Listed on 21/08/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
958 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached period house is set in the village of Selsley, around two miles south of Stroud. The main part of the property dates from the 1780s and is built from limestone. Its accommodation includes an entrance hall, an open-plan kitchen and dining room, a separate sitting room and a conservatory, with three bedrooms and a family bathroom upstairs. The house is described as offering scope for updating and personalisation.
Outside, the property has a spacious garden, a detached workshop or garage and driveway parking. The outbuilding is noted as having potential for conversion to further accommodation, subject to the necessary checks and consents. The house is approached from a quiet country lane and the listing describes it as private, with views of the surrounding area.
Selsley sits around Selsley Common, a Site of Special Scientific Interest with views across the Severn Valley. The village also has a Grade I listed church, a historic inn, a cricket ground and local clubs and events.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
34out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached 18th-century limestone house in a private village setting has a strong project canvas: period character, a substantial garden, driveway and detached workshop/garage, with the listing suggesting possible conversion potential for the outbuilding. The interior offers scope to refresh dated finishes, replace the worn flooring and update the older kitchen and bathroom; the garden could also be brought back into shape. Cracking to some finishes and low-level staining in the kitchen/dining area need investigation, though the photos do not establish structural failure or the cause of the staining.
The main drawback is the price: £400,000 works out at about £418/sq ft, above the local average of £352. Adding the £40,000–£70,000 renovation range puts purchase plus works at roughly £440,000–£470,000, stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of the value after renovation, so the period setting and scope need to be weighed against the asking price.
Key opportunities
- Refresh the dated interior, including the worn flooring and older kitchen and bathroom finishes.
- Make the most of the established garden, driveway and detached workshop/garage; conversion potential is mentioned in the listing but feasibility is unverified.
- Retain and complement the limestone elevations and period character while updating the house.
Key risks
- The £40,000–£70,000 works allowance on top of the £400,000 asking price leaves the project cost high relative to local benchmarks for this floor area.
- Investigate the visible cracking to some wall and ceiling finishes and the low-level kitchen/dining wall staining; their causes are not established by the photos.
- Budget around £455,000 before you finish, with refurbishment in the region of £55,000, leaving a gap of around 26% versus area norms for this sqft. Finished value after works is not modelled here.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-15.8% since listed
£400,000£45,000(-10.1%)
23/10/2026£445,000£30,000(-6.3%)
05/09/2026£475,000Initial listing
22/08/2026Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
