1-bedroom flat · GL1 1RD
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Available With A No Deposit Option** A basement flat located in Gloucester City Centre with own entrance.
Gloucester is a city and district in Gloucestershire, in the South West of England, of which it is the county town.
Gloucester lies on the River Severn, between the Cotswolds to the east and the Forest of Dean to the west, 19 miles east of Monmouth, 17.5 miles east of Wales.
**Available With A No Deposit Option** This unfurnished one bedroom flat is ideally located with access to the city centre. The open plan lounge and kitchen allows for a great entertaining space.
The bathroom benefits from a shower over bath and is accessed via the double bedroom. Property further benefits from gas central heating.
Would suit a professional single occupancy perfectly or even a professional couple.
Council Tax Band: A Asking Rent: £695.00 Parking: No On street with permit Flood Risk – Rivers and Seas: Medium Flood Risk – Surface Water: Low Broadband Speed – Basic (ad-sl): 16mb Broadband Speed – Superfast (fttc): 80mb Broadband Speed – Ultrafast (FTTP): 1000mb Broadband Speed – Overall (Maximum): 1000mb Mobile Coverage – EE: Outstanding Mobile Coverage – O2: Outstanding Mobile Coverage – Three: Good Mobile Coverage – Vodafone: Outstanding Cladding and/or Building Safety Issues: None Local Planning Applications: None
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Basement Flat, 42, Wellington Street, Gloucester
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