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See how verdicts work2-bedroom flat · GL1 2EH
Listing removedListed 128 days
Opportunity summary
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About
A beautifully presented two-bedroom apartment with secure parking in the heart of Gloucester Docks Located within the sought-after and contemporary Mariners Court development, on the edge of the historic Gloucester Docks, this impeccably maintained two double bedroom apartment offers stylish waterside living.
Benefiting from spacious open-plan accommodation, stunning dock views, and a secure allocated parking space, the property is perfectly suited to both owner-occupiers and investors, with a potential rental income of approximately £1,150 per calendar month.
Entrance Hall A welcoming and spacious entrance hall provides access to the open-plan living space, both bedrooms, and the shower room.
Open-Plan Kitchen/Living Area The bright and modern living space features a contemporary fitted kitchen complete with integrated appliances including a fridge freezer, dishwasher, washing machine, oven, electric hob, and extractor hood.
The living area enjoys attractive views across the docks, creating a wonderful setting for both relaxing and entertaining.
Bedroom One A generous double bedroom benefitting from built-in wardrobes and ample space for additional furnishings.
Bedroom Two A further double bedroom with a built-in wardrobe, offering flexibility for guests, a home office, or a combination of both.
Shower Room A stylish and modern shower room fitted with a contemporary white suite and heated towel rail.
Outside The development benefits from a secure video intercom entry system for visitors and includes a gated, allocated parking space within the building's secure parking area.
Location Situated in the heart of the highly desirable and historic Gloucester Docklands, Mariners Court enjoys a prime waterside setting surrounded by a blend of contemporary developments and restored period architecture.
The area is home to an excellent selection of independent restaurants, cafés, bistros, and waterfront bars, while the popular Gloucester Quays Designer Outlet offers an extensive range of high-street and designer retailers.
Gloucester city centre is approximately one mile away, where residents can enjoy the city's rich heritage, including Gloucester Cathedral, alongside a variety of independent shops and boutiques.
Excellent transport links are available, with Gloucester Bus Station providing regular services throughout the region, while Gloucester Railway Station, located within 1.5 miles, offers direct connections to London and other major destinations, making the area particularly attractive to professionals and commuters.
Material Information Tenure: Leasehold Lease Length Remaining: 119 years Service Charge: £1,864.78 per annum Ground Rent: £150 per annum (fixed until January 2029) Management Company: Ash & Co NHBC Warranty: The building benefits from an NHBC Guarantee.
Service charges are reviewed annually and both charges are payable in half-yearly instalments.
Local Authority & Utilities Local Authority: Gloucester City Council Council Tax Band: C (£2,087.26 per annum for 2026/27) Electricity: Mains supply Water: Mains supply Sewerage: Mains drainage Heating: Gas central heating with underfloor heating throughout Broadband Availability: Standard: Up to 18 Mbps Superfast: Up to 80 Mbps Ultrafast: Up to 1,000 Mbps EPC Rating: B
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.
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About Flat 3, Mariners Court, Gloucester
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