Hollis Morgan Auctions says ..

Property Oracle says ..

The property is located in Stroat, Gloucestershire, a rural area in the Forest of Dean. While the immediate vicinity appears tranquil, its distance from larger towns and cities could be a drawback for some buyers. The nearest railway station, Chepstow, is 6.33km away. Several primary and secondary schools are within a 5-6km radius, though their Ofsted ratings vary. The location score will depend on individual buyer priorities; those seeking a peaceful, countryside setting will likely rate it higher than those who value proximity to urban amenities.

Based on the provided photographs, the property shows signs of age and requires some updating and modernisation. The interior features dated décor and fixtures in several rooms. While structurally sound, the property would benefit from renovations to improve its overall condition and appeal to a broader range of buyers. Some areas, such as the kitchen and bathrooms, appear more in need of attention than others.

The property includes a substantial plot of land, clearly visible in the aerial photographs. The size of this land is a significant asset, offering potential for various uses, including gardening, outdoor recreation, or even further development (subject to planning permission). This large land area significantly enhances the property’s value.

The list price of £700,000 is significantly higher than the average house price in the area (£250,983). However, the property’s size (unspecified), condition, and especially the large land plot, justify a higher price than the average. Considering comparable properties in the area, such as the £830,000 property on Rosemary Lane with stables and acreage, the £700,000 asking price may be reasonable, though the lack of precise square footage makes a definitive price-per-square-foot comparison impossible. A thorough survey and valuation would be recommended to confirm the price’s accuracy.

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

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