2-bedroom flat · GL2 0LX
For saleReduced £5k (−2.6%) on 16 OctListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A large first floor apartment in the six year old prestigious development in one of gloucester’s prime residential location’s Colebridge Court is situated in the historic Double Gloucester site on the sought after Cheltenham Road.
Gloucester city centre is 1 mile to the West and access to good local shopping is within walking distance. Cheltenham and the M5 are only a short drive.
Number 5 is situated on the first floor, is a large two bedroom flat with the benefits of an ensuite to the main bedroom, a family bathroom and an open plan living/dining room that backs south and enjoys a Juliet balcony.
Additionally it is heated by gas with an underfloor system and it is double glazed throughout. To the exterior there is allocated parking and communal gardens.
EPC Rating: B Communal Hall Entry phone system. Hallway Front door. Of a good size with high-quality flooring. Inset ceiling spotlights.
Boiler cupboard housing Vaquera gas fired central heating boiler and consumer box. Kitchen/Dining/Lounge (6.25m x 3.23m) High-quality flooring with underfloor heating. Cable and TV points.
Double glazed sliding patio doors to glazed Juliet balcony and views to the south.
Kitchen area, well fitted with inset single drainer stainless steel sink unit set into worktops with cupboards and drawers below. Wall and base units. Built-in fridge/freezer.
Built-in oven with four ring gas hob, stainless steel back plate and cooker hood. Built-in washing machine and a dishwasher. Inset ceiling spotlights. Bedroom 1 (4.32m x 2.74m) Double wardrobe.
Cupboard. Full height window with fitted blinds. Underfloor heating. TV point. Ensuite Fully tiled double shower cubicle with Mira electric shower and glazed sliding screen. Pedestal wash hand basin.
Low-level WC. Tiled floor. Extractor fan. Heated towel rail/radiator. Bedroom 2 (3.66m x 2.79m) Double wardrobe cupboard. TV and cable points. Full height window with built-in blinds.
Bathroom White suite of panelled bath with mixer taps and shower attachment with glazed screen. Low-level WC with concealed cistern. Pedestal wash hand basin. Part tiled walls. Tiled floor.
Inset ceiling spotlights. Extractor fan. Heated towel rail/radiator. Communal Garden Gardens are communal, well landscaped with shrubs and bushes. Allocated parking with bike store and bin area.
Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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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 5, Colebridge Court, Cheltenham Road, Gloucester
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