3-bedroom property · GL15 4QY
For saleReduced £25k (−6.2%) on 21 JunListed 586 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Olde Bank House dates back to mid 1800. It is part of the history of the village and actually served as the local bank.
This unique and deceptively spacious family home has plenty of character combined with a practical modern interior. The accommodation is arranged over three floors.
There are three reception rooms, a large kitchen, dining room opening out to the sunny sheltered garden on the lower ground floor. There are three (potentially four) bedrooms and two bathrooms.
You can walk into the surrounding open woodland from the garden. There is ample off road parking to the rear.
The property stands in the Conservation Area of Pillowell village in the heart of the Forest of Dean walking distance to a village shop, Post Office, doctor's surgery and primary school.
Lower Ground Floor. Utility-Laundry Room Fitted cabinets, large store cupboard, sink unit, plumbing for washing machine, tiled floor, door to shower room and garden.
Kitchen Breakfast Room Spacious kitchen area with ample fitted cabinets and work surface.
Integrated oven and hob, plumbing for dishwasher, engineered wood floor, through dining room and family room, stairs to ground floor.
Dining Room Window to side, engineered hardwood floor, French doors to large patio area. Family Room Window to side, feature red brick fireplace, laminate flooring, door to outside.
Ground Floor Shower Room Window to rear, shower enclosure with Mira shower, WC, wash hand basin, fully tiled.
Hall Window to rear, engineered hardwood floor, doors sitting room and bedroom 1, stairs to first floor. Sitting Room Bright and sunny room with window to the front.
Original decorative slate fireplace. Door to front. Bedroom 1 A good sized double bedroom with window to rear.
First Floor First Floor Landing Access to loft, engineered hardwood floor, doors to bedrooms 2,3 and family bathroom.
Bedroom 2 Large sunny bedroom with window to front, built in wardrobe and airing cupboard housing hot water cylinder.
Bedroom 3 Window to rear with a lovely woodland view, built in wardrobe, range of built in storage cupboards.
Family Bathroom Window to side, bath with electric Mira Sport shower over, WC, wash hand basin with cabinet, tiled floor.
Outside The parking is at the rear of the house where there is gated access to the garden.
There is a large flagstone patio which overlooks the lawn and borders of colourful well established shrubs including forsythia, camellia and magnolia.
A timber shed and metal shed provide outside storage. The garden is securely enclosed. There is direct access into woods from the property.
Directions What3Words - ///older.quality.gems On entering the Pillowell from the direction of Whitecroft, drive up-hill past the bus shelter on your right.
The property is on the left after the turning to School Road.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
FAQ
About Olde Bank House, (3/4 Beds and Parking), Lydney
Explore nearby