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See how verdicts work2-bedroom house · GL1 2PA
Sold STCReduced £5k (−5.3%) on 25 OctListed 489 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented first floor flat in popular Castlemeads Court retirement community, offering views from both bedrooms, living space and kitchen, plus a Juliet balcony.
Ideally located with convenient access to each of the buildings staircases and lift.
The flat layout includes an entrance hallway with useful storage, modern bathroom with shower, two bedrooms, the larger bedroom featuring a mirrored built-in wardrobe, an open-plan living and dining area, and a fitted kitchen.
Castlemeads Court holds a central Gloucester location, moments from the city’s landmarks such as the historic Cathedral dating from the 11th century.
Residents enjoy access to Westgate Street's pedestrian shopping with independent stores and high street names or the historic docks and quayside district. Restricted to residents aged 55 and above.
Pets allowed upon application.
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
FAQ
About Westgate Street, Gloucester, Gloucestershire, GL1
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