Bungalow and Derelict Cottage, Joys Green Road, Lydbrook
Steve Gooch Estate Agents logo

Bungalow and Derelict Cottage, Joys Green Road, Lydbrook

By Steve Gooch Estate Agents

£ 375,000

Reviews

3 out of 5 stars

Steve Gooch Estate Agents says ..

We Are Delighted To Offer For Sale An Exciting Opportunity To Acquire A Two Bedroom Detached Bungalow With Garage In Need Of Updating And Modernising Along With A Derelict Stone Cottage All Set Within An Approx. Half An Acre Elevated Plot And Offered With No Onward Chain. Dependant On P...

Property Oracle says ..

This property presents a unique opportunity in Lydbrook, Gloucestershire. It comprises a two-bedroom detached bungalow and a derelict stone cottage situated on approximately half an acre of land. The bungalow is in need of significant modernisation, with dated interiors and finishes throughout. The kitchen and bathroom in particular require a complete overhaul. The floors appear to be original wooden flooring. The external condition of the bungalow is decent though, and the overall structure looks sound. The presence of a derelict cottage adds complexity to the project, presenting both challenges and opportunities. The sizable plot is a key selling point, offering considerable potential for extension or landscaping. While the property requires substantial investment, its location in Lydbrook, near Lydbrook Primary School and in a peaceful rural setting, makes it an attractive prospect for those seeking a project with considerable scope for improvement and potential for a high return. The lack of nearby transport information prevents a complete picture of the convenience of the location. Buyers should factor in the costs associated with renovating both the bungalow and the derelict cottage when considering the asking price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
780.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
268,125.00 £
Increased by 15.58 %
from 231,978.00 £
Est sale value
212,940.00 £
Increased by 19.21 %
from 178,620.00 £
Average area rental value
1,044.00 £/mo
Increased by 5.56 %
from 989.00 £/mo
Est letting value
780.00 £/mo
from 0.00 £/mo
Est rental Yield
4.67 %
Decreased by 8.79 %
from 5.12 %
Crime Rate
50.00 %
Unchanged by 0.00 %
from 50.00 %

Agent Activity

  • Steve Gooch Estate Agents marked this listing as sold.

  • Steve Gooch Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Lydbrook Primary SchoolCommunity SchoolGood0.75 KM
Ruardean Church Of England Primary SchoolVoluntary Controlled SchoolRequires improvement2.82 KM
Woodside Primary SchoolCommunity SchoolGood3.60 KM
Heart Of The Forest Community Special SchoolCommunity Special SchoolGood4.86 KM
Walford Nursery & Primary SchoolCommunity SchoolGood5.16 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Orchard Road £ 320,00000.00 KM
Townsend £ 591,33300.00 KM
Hillside Terrace £ 185,00000.00 KM
Viaduct Villas £ 000.00 KM
Squires Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bungalow and Derelict Cottage, Joys Green Road, Lydbrook £ 375,000BUY6 / 100.00 KM
Woodland View, Joys Green, Lydbrook £ 440,000BUY7 / 100.09 KM
Joys Green Road, Lydbrook £ 300,000BUYUnknown0.09 KM
Joys Green Road, Lydbrook £ 375,000BUYUnknown0.14 KM
Joys Green Road, Lydbrook £ 425,000BUY7 / 100.23 KM

Nearby Properties

AddressPriceDistance
5 Woodland View £ 277,5000.07 KM
1 Woodland View £ 250,0000.07 KM
3 Woodland View £ 246,0000.07 KM
2 Woodland View £ 250,0000.07 KM
3 West View £ 138,0000.14 KM