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Crossways, Coleford GL16

South West

£500,000

Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This two-bedroom detached bungalow, set on a generous 1.5-acre plot, offers a rare investment opportunity in a semi-rural location close to Coleford town centre. The property features ample parking, a double garage, and extensive gardens complemented by various outbuildings, providing significant scope for renovation or personal enhancement. Upon entering through the central porch, you are greeted by a spacious hallway that connects all principal rooms, promoting an easy flow throughout the property. The living room is bright and spacious, with potential for modernisation while retaining its traditional character highlighted by a feature fireplace. This area can be tailored to contemporary tastes with minimal effort. The kitchen is practical yet ready for an update; it has substantial space that could easily accommodate additional modern features or appliances. A versatile dining room allows for easy entertainment and can benefit from updates that accentuate its characterful features like timber panelling. The adjoining utility room presents functional opportunities, serving as an extension of the kitchen while offering ample storage and workspace—ideal for conversion into a dedicated laundry or boot room. Both well-sized bedrooms provide bright spaces with great potential for personalisation. The bathroom is functional but carries the possibility for improvement to transform it into a stylish family space. Outside, the expansive grounds not only enhance privacy but also offer options for landscaping or further development, particularly with the separate paddock suitable for equestrian activities or smallholding projects. With useful outbuildings already on-site, this property promises both charm and the chance to create your ideal home in a peaceful setting.

Investment Analysis

(GL16 area)
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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
6%
Properties sold annually

Local Market Trend (GL16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.5%
5 year growth: +7.8%
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

Crossways, Coleford GL16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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

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