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Joyford Hill, Coleford GL16 - Image 1
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Joyford Hill, Coleford GL16

South West

£750,000
Listed on 01/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2634 sqft

Description

This expansive four to five-bedroom chalet bungalow is set on a generous 1.13-acre plot, presenting ample room for creative renovations and investment opportunities. Nestled on Joyford Hill, the property enjoys an elevated position with beautiful countryside views and features substantial outdoor spaces, including extensive gardens, a paddock, and a double garage. The home boasts a significant 2,634 sq ft of living space (excluding the double garage and swimming pool house) that has been cherished by a single family for over 65 years. The layout is versatile, providing spacious accommodation suited for family life or multi-generational use. The existing structure offers well-proportioned rooms with an intuitive flow throughout the space. One of the standout features is the indoor swimming pool enclosure which, while in need of refurbishment, holds great potential to transform into a remarkable leisure area. Beyond the main living areas, the outbuildings create additional possibilities for hobbies or even potential development options. Located near Berry Hill village’s amenities and close to Coleford market town, this property combines peaceful living with convenient access to local facilities. Its location also allows for easy connections to Monmouth and Gloucester via road links, enhancing its appeal as a promising investment opportunity.

Investment Analysis

(GL16 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£285/sq ft
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£854,009
10% above area average per sq ft
Potential ROI
+1.7%
After renovation
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 Hill, 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
£2,747
Based on a loan of £562,500 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