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See how verdicts work2-bedroom flat · GL2 5LD
Sold STCReduced £5k (−2.6%) on 14 MarListed 255 days
Opportunity summary
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About
** Gated Two Bedroom Ground Floor Maisonette, Situated In A Sought After Village Location with No Onward Chain ** Murdock & Wasley Estate Agents are delighted to present this ground floor two double bedroom maisonette, set within a gated development in a sought-after village location, just a short distance from the town centre.
Offered to the market with no onward chain, the property benefits from allocated off-road parking and well-maintained wrap-around communal gardens, making it an attractive option for a variety purchasers.
Accommodation Comprises: Entrance Hall, Kitchen, Lounge / Diner, Two Bedrooms and Bathroom. Entrance Hall - Accessed via composite double glazed door, power points, telephone point, radiator.
Doors lead off: Lounge/ Diner - Tv point, telephone point, power points, two radiators, space for dining table, two side aspect double glazed windows, opening through to: Kitchen - Range of base, wall and drawer mounted units, laminate worksurfaces, one and a half bowl single drainer sink unit with a mixer tap over.
Appliance points, power points. AEG oven/ grill with four ring gas hob and extractor hood over, integral fridge/ freezer, dishwasher and washing machine.
Partly tiled walls, inset ceiling spotlights, side aspect double glazed window.
Bedroom 1 - Power points, radiator, built in wardrobe with shelving and hanging rails, wall panelling, side aspect double glazed window.
Bedroom 2 - Power points, radiator, front aspect double glazed window.
Bathroom - Suite comprising panelled bath with shower off the mains over, pedestal wash hand basin with a mixer tap over, low level wc.
Heated towel rail, shaver point, vanity mirror with storage, vinyl flooring.
Outside - Situated within gated grounds that can be accessed remotely or via a passcode the property boasts an allocated parking space, further visitor spaces and wrap around communal lawn.
Tenure & Charges - 999 years from 1 July 2008 with a share of the freehold with the apartment above.
Maintenance - £405.79 per annum to cover costs for general maintenance of the development and security.
Building insurance is split equally with the owner above with a cost of approximately £100 per annum Local Authority - Gloucester City Council Council Tax Band: B Services - Mains water, gas, electricity and drainage.
Awaiting Vendor Approval - These details are yet to be approved by the vendor and may be subject to change. Please contact the office for more information.
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 Hempsted, Gloucester
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