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 work2-bedroom house · GL1 3AR
Sold STCReduced £10k (−5.6%) on 10 SepListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Murdock & Wasley Estate Agents are delighted to bring to the open market this two double bedroom terraced property, ideally situated in a central location close to the city centre and a range of local amenities.
Offered to the market with no onward chain, the property requires modernisation throughout but presents an excellent opportunity for buyers to update and personalise to their own taste.
Further benefits include an enclosed rear garden and gas central heating.
Call To View: Entrance Hall Accessed via upvc double glazed door, power points, radiator, dado rail, wooden door to understairs storage cupboard, stairs to first floor landing. Doors lead off.
Lounge Tv point, power points, radiator, front aspect upvc double glazed window.
Kitchen/ Diner Range of base, wall and drawer mounted units, laminated worksurfaces, stainless steel sink unit with separate taps over.
Appliance points, power points, space for oven, fridge freezer, washing machine and dining table, radiator, partly tiled walls, two rear aspect upvc double glazed windows.
Bathroom Suite comprising low level wc, pedestal wash band basin, panelled bath with mixer tap over, radiator, side aspect upvc double glazed window.
Landing Power points, radiator, access to loft room. Doors lead off: Bedroom One Tv point, power points, radiator, two front aspect upvc double glazed windows.
Bedroom Two Power points, radiator, two built in storage cupboards with one housing vaillant combi boiler, rear aspect upvc double glazed window.
Outside To the rear of the property is an enclosed garden with patio area and decorative stone path. Tenure Freehold. Services Mains water, gas, electricity and drainage.
Local Authority Gloucester City Council Council Tax Band: B Awaiting Vendor Approval 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
Agent & docs
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FAQ
About 20, Worcester Parade, Gloucester
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