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Abenhall Road, Mitcheldean GL17

South West

£1,450,000
Listed on 25/09/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3896 sqft

Description

This substantial six-bedroom residence offers a remarkable investment opportunity, nestled on the outskirts of Mitcheldean and surrounded by expansive open fields. With approximately 3,900 square feet of adaptable living space, this property sits within nearly four acres of landscaped gardens and grounds, providing ample room for various uses. One of the standout features is the attached annexe, which was previously a commercial carpentry workshop. This space has secured full planning permission (P0637/24/ful) for conversion into three self-catering tourism units, making it an ideal prospect for those looking to capitalize on the growing demand for vacation rentals in scenic locations. Additionally, plans include the development of a biodiversity nature area within part of the garden, enhancing both aesthetic and ecological value. The interior welcomes you through an impressive entrance porch leading to a bright main hall that connects several key areas of the home. The versatile layout includes multiple reception spaces: an office/living room well-suited for work-from-home arrangements and a grand living room featuring period charm with potential for restoration. The kitchen/dining room serves as a central hub, equipped with bespoke cabinetry and modern amenities, yet it also holds potential for further updates to create a more contemporary space. The large pantry and utility area provide functional support for daily living while additional spaces like the former disabled suite could easily be transformed into guest accommodations or further bedroom suites. Upstairs, generous bedrooms offer flexibility in use; some could serve as private offices or playrooms if desired. The property’s attic space provides extra storage or could be developed further depending on your vision. Outside, newly installed electric gates access a spacious gravel driveway that leads to extensive grounds suitable for equestrian activities or other outdoor pursuits. Facilities include a stable block complete with tack storage and an additional garage capable of housing larger machinery. Given its size, location, and development potential — both for personal enjoyment or as part of a rental strategy — this property stands out as a unique investment opportunity in a tranquil setting that remains conveniently close to local amenities.

Investment Analysis

(GL17 area)

Above Market Value

This property is priced +29.6% above area average per sq ft

+29.6%
This Property
£372/sq ft
Area Average
£287/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,230,610
10% above area average per sq ft
Potential ROI
-21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (GL17)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 1.1%
5 year growth: 18.2%
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

Abenhall Road, Mitcheldean GL17
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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
£5,312
Based on a loan of £1,087,500 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