The Lanterns, Middle Chedworth, Chedworth, Cheltenham, Gloucestershire GL54 4AL

Description

Located in a prime Cotswold village, this mature home requires refurbishment. Extending to 1,872 sq ft (174 sq m) with fine valley views and grounds of 0.416 acres. The property comprises a detached house of traditional reconstituted stone construction providing accommodation over 2 floors. Gardens to the front and rear. Redundant swimming pool. Garage and parking.

Accommodation

The reversed layout briefly offers porch, hall, cloakroom, utility, bedroom and extensive store to the ground floor. The first floor offers an open plan living space with kitchen, conservatory, two further bedrooms, principal bedroom with en suite and family bathroom.

Location

Chedworth has a village primary school, public house due to re-open, village hall accommodating a number of clubs and associations, playing field, charming cricket ground and tennis courts. Northleach is 4 miles to the north and hosts a wider choice of daily amenities. The whole of the village is within a Cotswold Area of Outstanding Natural Beauty (AONB) and the majority falls within the designated conservation area. The surrounding countryside typifies the Cotswolds and is riddled with bridle paths and public footpaths.

Tenure / Property Information

Investment Analysis

The evidence shows a wide range of completed sales for detached houses in Middle Chedworth: £450,000 in August 2026, £980,000 in May 2025, £1,080,000 in September 2024, £1,295,000 in October 2023 and £1,235,000 in September 2023. However, no comparable floor areas, condition details, plot sizes or transaction context are supplied. The subject is described as requiring refurbishment, so a reliable GDV cannot be established from these comparables alone. The £465,000+ guide is above the most recent supplied sale and is subject to a £2,700 buyer premium, with possible additional special-condition fees.

Investment Snapshot

Strategy Recommendation

Proceed only after a full survey, refurbishment quotations, legal review and independent valuation. On the current evidence, do not commit to a BTL, BRRR or flip strategy and do not bid without a separately established maximum price.

Works Required

Refurbishment is required, but the supplied evidence does not identify the specific defects, services condition, internal finishes, kitchen or bathroom condition, swimming-pool requirements, or external works. Obtain a full survey and contractor quotations before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be assessed reliably. The property requires refurbishment, but no works budget or reliable post-refurbishment GDV is supported. Refinance proceeds therefore cannot be calculated. The £2,700 buyer premium is known, while additional special-condition fees may apply.

Buy-to-Let Analysis

BTL cannot be underwritten from the supplied evidence because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The refurbishment cost, tenure, occupancy and ongoing property costs are also unknown, so rent and yield cannot be established.

Flip Analysis

A flip appraisal is not supportable without a quantified refurbishment budget, comparable floor-area and condition evidence, a reliable GDV and selling-cost allowance. The supplied sales range is too wide to select a defensible resale value for this property.

Investor Risks & Due Diligence

• Refurbishment scope and cost are unknown.

• The comparable sales vary substantially from £450,000 to £1,295,000 and lack size and condition details.

• No sufficiently specific rental evidence is available, preventing yield analysis.

• The £2,700 buyer premium applies and additional fees may be listed in the Special Conditions of Sale.

• The guide is £465,000+, so the eventual purchase price may exceed the guide.

• Tenure and occupancy information for the subject property are not supplied.

• The redundant swimming pool may require specialist assessment, but no condition or cost information is provided.

Recommendation

Proceed only after a full survey, refurbishment quotations, legal review and independent valuation. On the current evidence, do not commit to a BTL, BRRR or flip strategy and do not bid without a separately established maximum price.

Strategy Rating

Analysis Confidence

Completed sales and basic property description are supplied, but there is no subject tenure, occupancy, EPC, heating or council-tax information, no rental evidence, no quantified works scope, no comparable specifications and no reliable GDV basis.