2-bedroom house · GL8 8NJ
For saleReduced £25k (−4.5%) on 3 SepListed 219 days
Opportunity summary
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About
1 Lees Cottage is an attractive semi-detached Cotswold stone cottage set in an idyllic rural position above the charming village of Avening.
The property occupies a particularly sunny and private setting on Rectory Lane, yet remains within easy reach of the friendly village community, with its well-regarded pub and primary school just down the hill.
Built of traditional Cotswold stone in 1938 under a stone-tiled roof, the cottage sits within view of a former country house known as The Old Quarries, once owned by Arthur Lee, 1st Viscount Lee of Fareham.
During his ownership in the early 20th century, Viscount Lee is understood to have commissioned the construction of Lees Cottage, from which it takes its name.
The estate itself holds a fascinating cultural connection: During the Second World War, important works from the National Gallery were temporarily stored within the grounds for safekeeping.
The cottage offers characterful accommodation arranged over two floors and has been the subject of improvement and refurbishment during our client's ownership.
An entrance hall, bright study room, 14' sitting room with fireplace, kitchen and bathroom arw on the ground floor.
A staircase leads up from the hall to the first floor, with a landing and two bedrooms on this level.
The largest of these measures approximately 23' and was originally arranged as two rooms, offering scope for a purchaser to reinstate a dividing wall to create a third bedroom or, potentially, a first floor bathroom if desired.
The property has a wonderful, welcoming feel, with character and interest everywhere you look, and id offered to the market with no onward chain.
The interior is complemented by a detached garage and superb gardens and grounds of 0.373 acres. These generous gardens make the very most of the lovely outlook and sunny westerly aspect.
A gated drive provides access for both 1 and 2 Lees Cottages.
The garage for No.1 is set on the left, and the current owner parks beyond this, at the top of the plot, whilst leaving space for the neighbour to pass and park.
The rear garden leads down to the house and extends to the side, past an open fronted summer house. The largest area of garden is at the front of the cottage.
There is a gravelled terrace by the front door, with a large lawn beyond this, which slopes gently away from the house.
A timber framed glass house is set within the grounds which are connected by paths and Cotswold stone steps, and populated with mature trees and established planting.
A gardeners dream, and a simply beautiful space. Located in a wooded valley, the pretty Cotswold village of Avening is a lovely community with a church and a pub.
It is a lively, active community with a thriving primary school and playgroup, many groups such as the youth club and wi, a village hall, social club and a playing field.
The village, which border the Princess Royal’s estate at Gatcombe Park, is also close to 600 acres of National Trust common land at Minchinhampton, where there is a golf course and excellent walking and riding opportunities.
More comprehensive amenities can be found in the nearby towns of Nailsworth and Tetbury.
Junctions of the M4 and M5 motorways are within easy reach and railway stations at Stroud (6 miles) and Kemble (10 miles) provide main line services to Gloucester, Swindon and London Paddington.
Property Information The property is freehold. Mains electricity, water and drainage are connected to the property. Oil fired central heating. The council tax band is E.
We have checked the service and reception levels available locally through the ofcom network checker and the broadband services available include ultrafast, and you are likely to have good service from O2 Vodafone and Three.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 1, Lees Cottage, Steps Lane, Avening
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