Summary - CASTLEMAIN MILL CASTLEMAIN PARKEND LYDNEY GL15 4HH
4 bed 3 bath Detached
Large period home with two income-producing holiday cottages and direct access to forested grounds..
- Five-bedroom historic detached house with period character
- Two self-contained holiday lets providing immediate income
- Circa 0.6 acre plot with direct woodland access
- Open-plan kitchen/diner and large reception rooms
- In/out driveways and ample off-street parking
- Oil-fired heating; older double glazing (pre-2002)
- Stone walls assumed uninsulated; further efficiency works likely
- Council Tax Band G — relatively expensive
Set within circa 0.6 acres and with direct access to surrounding woodland, this substantial historic property combines a large family home with two self-contained holiday lets. The main residence stretches to around 3,035 sqft and retains period character from its 18th/19th-century origins while offering sizeable reception rooms, an open-plan kitchen/diner and extensive gardens — ideal for family living and entertaining.
The two holiday cottages are already trading and provide an immediate income stream, making the estate attractive to buyers seeking part-residential, part-commercial opportunities. Offered with no onward chain, the site also presents scope for modest expansion or further development of the existing outbuildings, subject to consents.
Buyers should note practical considerations: the property uses oil-fired central heating, has older double glazing (installed before 2002) and the original stone walls are assumed uninsulated, so further energy-efficiency works may be advisable despite recent improvements to the EPC. Council Tax sits at Band G, which is relatively expensive. As a pre-1900 building, ongoing maintenance and sympathetic repairs are likely to be needed from time to time.
This location in Parkend places you in the heart of the Forest of Dean with woodland walks, cycle routes, a heritage railway and local amenities close by. The layout and plot will appeal to families wanting space and privacy, and to buyers looking for a property with proven holiday-let income and future potential.
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