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Allaston Road, Lydney GL15

South West

£485,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This individually designed detached bungalow, dating back to the 1960s, is situated on a spacious plot in the desirable residential area of Lydney. The property is conveniently located near local schools, shops, and amenities while also providing excellent access to the scenic Forest of Dean. With good transport links via the A48 to Gloucester and Chepstow, this location is both practical and appealing. The bungalow offers a generous layout with ample living spaces that present opportunities for modernization and expansion. The extensive garden not only provides privacy but also holds potential for future development; planning consent could be sought to subdivide the plot, making way for an additional detached dwelling. Inside, the home features a welcoming porch leading into a spacious entrance hall that connects to various living areas. The dining room opens into a light-filled living room showcasing multiple aspects of the garden through its large windows and French doors. A functional kitchen with storage options and utility room caters for everyday needs. Three well-sized bedrooms offer comfortable accommodation, complemented by a bathroom fitted with essential fixtures. Additional practicalities include a garage and a gated driveway leading to ample parking space. Given the property’s condition and expansive grounds, it presents an exceptional opportunity for investors or homeowners looking to create their ideal residence.

Investment Analysis

(GL15 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GL15)

Area prices are rising by +7.9% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on GL15 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

Allaston Road, Lydney GL15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,832
Based on a loan of £363,750 over 30 years at 4.45% 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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