2-bedroom flat · GL4 0XR
Listing removedReduced £15k (−10.7%) on 13 SepListed 287 days
Opportunity summary
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About
** Two Bedroom First Floor Maisonette, In Need Of Modernisation with No Onward Chain ** Murdock & Wasley Estate Agents are pleased to bring to the open market this first-floor, two-bedroom maisonette, offered with no onward chain and requiring modernisation throughout.
The property benefits from a pleasant outlook over green space to the front, a south-facing enclosed communal garden to the rear, and the added advantage of off-road parking and a long lease.
Entrance Hall Accessed via a solid wooden door, power point, stairs to first floor landing. Landing Power points, telephone point, access to loft space, storage cupboard, airing cupboard.
Doors to all rooms: Lounge Power points, Tv point, electric heater, front aspect wooden glazed window. Kitchen Range of base, wall and drawer mounted units.
Laminate worksurfaces, stainless steel sink unit with a mixer tap over. Space for cooker, fridge/ freezer, dishwasher and washing machine. Partly tiled walls, front aspect wooden glazed window.
Bedroom 1 Power points, rear aspect upvc double glazed window. Bedroom 2 Power points, rear aspect glazed window. Bathroom Suite comprising panelled bath, low level wc, pedestal wash hand basin.
Partly tiled walls, shaver point, side aspect frosted glazed window. Outside Externally there is a south facing communal garden and allocated off road parking.
Tenure & Charges Leasehold 500 years from 1st of May 2000.
Service Charge (inclusive of ground rent) : £850 per annum Local Authority Gloucester City Council Council Tax Band: A Services Mains water, electricity & 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
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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
Agent & docs
FAQ
About 33, Stirling Way, Gloucester
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