1-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one-bedroom apartment boasting a private balcony overlooking the canal.
The property features a spacious open-plan living, dining and kitchen area, a modern fitted kitchen, generous double bedroom and contemporary bathroom.
Ideally suited to first-time buyers, professionals or investors, this attractive home combines modern living with a desirable waterside setting.
Accommodation This beautifully presented one-bedroom apartment enjoys an attractive waterside setting, with a private balcony overlooking the canal, creating a lovely spot to relax and enjoy the surrounding views.
The accommodation comprises a welcoming entrance hallway leading through to a spacious open-plan living, dining and kitchen area.
The living space benefits from large doors opening onto the balcony, allowing plenty of natural light to flow through the room and providing an excellent connection between indoor and outdoor living.
The modern fitted kitchen features a stylish range of contemporary wall and base units, complemented by work surfaces and integrated appliances, with a dedicated dining area providing space for everyday meals and entertaining.
The generous double bedroom offers ample space for bedroom furniture and benefits from a large window overlooking the surrounding area.
The property is completed by a modern bathroom and practical entrance hallway storage.
Situated in a desirable waterside position, this appealing apartment combines modern living with attractive canal views and is ideally suited to first-time buyers, professionals or investors.
Early viewing is highly recommended to appreciate the accommodation and setting on offer Outside Positioned at the front of the building is a dedicated, allocated parking space and a secure bike storage.
To the rear, a picturesque canal-side path offers a pleasant route leading towards Hempsted and the historic Gloucester Docks, perfect for leisurely walks.
Location The waterfront development is highly convenient for easy access onto the M5 motorway and to all amenities on offer within the City centre whilst being enviably close to Gloucester Docks and the Quays Designer Outlet and Leisure Quarter where a variety of restaurants and bars can be found along with a state of the art cinema complex and a 24 hour gym.
The developments also benefits from a local Sainsburys supermarket in close proximity.
Material Information Tenure: The property is leasehold and has a length of 242 years remaining from 2026, managed by Specialist Property Asset Management.
Service charge at a cost of approximately £1000 per annum to include building insurance and general maintenance of the building and communal areas.
Peppercorn ground rent is payable *Information correct as of *23/10/26* Local authority and rates: Gloucester City Council - Tax Band B (£1,826.36 per annum) 2026/2027 Electricity supply: Mains Heating: Electric heating Water supply: Mains Sewerage: Mains Broadband speed: Standard 12 Mbps, Ultrafast 940 Mbps -Highest available download speed.
Mobile phone coverage: EE, Three, O2, Vodafone.
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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About Hobbs Way, Gloucester
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