A superb development opportunity – this prime parcel of land comes with full planning permission already granted for the construction of two luxury four-bedroom detached homes
A prime parcel of land with full planning permission already granted for the construction of two executive, detached four-bedroom family homes. Each home has been carefully designed to offer spacious living, complete with off-road parking, a garage, and enclosed gardens – the perfect blend of luxury and practicality. Set in the highly desirable village of Oldcroft, this is a rare opportunity to build in one of the Forest’s most prestigious and sought-after locations. With generous plot sizes and a peaceful setting, the finished homes will undoubtedly appeal to discerning buyers looking for space, style, and a quality lifestyle.
Oldcroft is a charming rural hamlet nestled in the heart of the Forest of Dean, offering a peaceful and picturesque lifestyle surrounded by natural beauty. Known for its close-knit community and tranquil atmosphere, Oldcroft is ideal for those seeking a quiet retreat away from the bustle of larger towns and cities.
The area is surrounded by lush woodlands, rolling hills, and scenic walking trails, making it a haven for outdoor enthusiasts and nature lovers. Despite its rural setting, Oldcroft benefits from good access to nearby amenities, with the towns of Lydney and Coleford just a short drive away, offering shops, schools, and leisure facilities.
Oldcroft's rich history and quintessential countryside charm make it a delightful place to call home, appealing to families, retirees, and anyone seeking a slower pace of life in a stunning natural environment.
Planning permission has been granted for the development of two executive four-bedroom family homes, offering spacious and versatile layouts designed to cater to modern living.
Plot 1
This thoughtfully designed home features a well-appointed kitchen/dining/living area, a separate lounge, a study, a utility room, and a convenient downstairs W.C. The first floor comprises four generously sized bedrooms, including a principal suite with an en-suite shower room, alongside a family bathroom. Outside, the property benefits from enclosed gardens, ample parking, and a detached garage.
Plot 2
This unique design offers a flexible layout, with a spacious kitchen/dining/living area, a utility room, and a ground-floor bedroom complete with an en-suite shower room—ideal for guests or multi-generational living. The first floor features three additional bedrooms and a family bathroom. Like Plot 1, this property also enjoys enclosed gardens, ample parking, and a detached garage.
The approved plans feature two beautifully designed luxury homes with generous proportions and a striking contemporary finish – exactly the kind of property that’s in high demand with modern buyers. Depending on final specification choices and prevailing market conditions, the anticipated end value is estimated between £1.2 million and £1.4 million – offering a superb return on investment.
Similar properties sold locally:
Swithins Lodge, Church Walk, Lydney, GL15 4NY - Sold - 19/12/2022 - £900,000
Hayes Manor Barn, Lydney, GL15 4LT - Sold - 10/01/2023 - £860,000
Brambles, Pitching Green, Blakeney, GL15 4DQ - Sold - 20/04/2023 - £640,000
Rental values once built : Between £27,000 -£30,000 PA per unit.
Freehold
£4,000 PLUS VAT
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Full planning permission granted – no delays, ready to start building immediately.
Two executive 4-bedroom detached homes with garages, parking, and gardens.
Strong resale potential with anticipated combined GDV of £1.2m–£1.4m.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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