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Lakeside, Newent GL18

South West

£279,500
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1184 sqft

Description

This extended three to four-bedroom family residence in the sought-after Lakeside development of Newent presents an ideal opportunity for buyers looking to invest in a property with significant potential. The home is conveniently positioned near local amenities, a picturesque lake, and expansive parkland. With no chain involved, viewings are highly recommended to fully appreciate what this property can offer. Upon entering, you find a spacious living room featuring a front-facing bay window that connects seamlessly with the dining area. The dining room provides access to the first floor and also leads into the kitchen through an archway, promoting an open-plan feel. The kitchen is functional but could benefit from modern updates, showcasing a range of base and eye-level units along with space for appliances. At the rear, a conservatory offers lovely views over the garden and could be transformed into a delightful entertaining space or additional living area. There's also further accommodation available from what used to be part of the original garage—perfect for customization as it offers flexibility as either extra storage or living space. The ground floor accommodates a family bathroom alongside a versatile garden room/bedroom four that features double doors opening out into the garden—a feature that enhances its usability. Upstairs includes three well-proportioned bedrooms; each offers built-in storage solutions and ample natural light. Additionally, a shower room completes this level. Outside, a spacious drive at the front ensures plenty of off-road parking while gated side access leads you to the rear garden which boasts tiered sections and established greenery creating an inviting atmosphere. A patio area off the conservatory presents an excellent spot for outdoor relaxation. Newent itself is steeped in history and charm, with easy access to motorway links and local attractions such as award-winning vineyards and numerous recreational routes for walks and cycling. This property not only offers comfortable living but also holds great promise for enhancements that can increase its value.

Investment Analysis

(GL18 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£236/sq ft
Area Average
£296/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£385,380
10% above area average per sq ft
Potential ROI
+20.6%
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
10%
Properties sold annually

Local Market Trend (GL18)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -1.4%
5 year growth: +4.5%
Investment Disclaimer: Analysis based on GL18 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

Lakeside, Newent GL18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£990
Based on a loan of £209,625 over 30 years at 3.91% 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

Price History

-9.1% since listed
£279,500£10,000(-3.5%)
04/03/2026
Current price
£289,500£10,450(-3.5%)
09/01/2026
£299,950£7,550(-2.5%)
28/09/2025
£307,500Initial listing
01/08/2025

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