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Joyford, Coleford GL16

South West

£140,000
Listed on 14/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique 0.19-acre site presents an intriguing opportunity for redevelopment in a serene and historical setting. Once home to a quaint cottage that succumbed to fire in 1960, the land currently showcases remnants of original stone walls, providing a compelling foundation for new construction subject to planning approval. The absence of recent planning refusals suggests favorable potential for prospective developers. Accessible via an existing driveway and framed by mature trees, the plot enjoys a peaceful ambiance with a charming stream along its southwest boundary, enhancing its idyllic character. Interested parties will need to conduct their own planning inquiries to unlock the full investment potential of this versatile site.

Investment Analysis

(GL16 area)
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (GL16)

Area prices are falling by +11.2% over the last 12 months
3 year growth: -3.9%
5 year growth: 9.5%
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

Joyford, Coleford GL16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE