We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · GL1 1LW
For saleReduced £5k (−4%) on 21 JunListed 629 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold We are delighted to bring to the market a ground floor Apartment located in Gloucester Town Centre within walking distance of a range of local amenities including Bus and Train station, Supermarket and Gloucester's Historic Docks.
Accommodation comprises of Entrance Hall, 20' Open Plan Lounge Diner/Kitchen, 18' double Bedroom and Family Bathroom. Further benefits include Double Glazing and Gas Radiator Central Heating.
Call To View EPC Rating: C Open Plan Lounge/Diner & Kitchen Dimensions: 20' 6'' x 8' 8'' (6.24m x 2.64m). Double Bedroom Dimensions: 18' 3'' x 8' 6'' (5.56m x 2.59m).
Family Bathroom Dimensions: 7' 10'' x 5' 6'' (2.39m x 1.68m).
Tenure - Leasehold Expiry Date of Lease: 24-12-2143 Ground Rent: £100 Per Annum Service Charge: Jan-December 2025 £1345.73 Includes: Communal, Gutter and window cleaning, hygiene services, gate and parking access maintenance, lift maintenance electricity to communal areas, plumbing, heating and drains maintenance, management fees, out of hours service, fire and safety inspections, buildings insurance, engineering insurance and reserve fund Additional Information Gas & Electric - Mains Water & Sewerage - Mains
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
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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.
Area
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FAQ
About Flat 3, Fitzalan House Park Road, Gloucester
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