2-bedroom flat · BS6 5RH
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractively presented two bedroom lower ground floor apartment with private garden and off street parking.
The flats boasts an immense amount of character and is set in an attractive Grade II listed Georgian townhouse set in a conservation area and within few minutes walk of cosmopolitan Gloucester Road and its independent shops, bars and restaurants.
The apartment has been attractively updated by the current owners and certainly provides a bit of the wow factor with its stylish touches here and there that effortlessly combine with the original period charm.
Ideally suited to first time buyers in this trendy and popular location its ticks a lot of boxes for those looking for their first home.
The building has a good sized communal front garden with the entrance to the apartment at the rear of the building via the private section of rear garden (the remainder of the garden is communal).
The garden is West facing and has two levels. A larger upper level with central patio area providing plenty of space for table and chairs, BBQ etc.
There is then a slightly lower secluded courtyard area providing the perfect space for a bistro table and chairs.
Steps then descend to the private entrance front door where a useful storage cupboard is positioned. The door opens into a good sized open plan kitchen/living area.
Full of character and with lots of nooks and crannies this room has a lot of charm with painted original stone wall incorporating fireplace.
The kitchen area has a range of base units with timber block worksurface over and incorporates sink, oven, hob and extractor hood. Space for a fridge/freezer.
Wall mounted gas fired combination boiler. The bathroom is located off the living room and comprises a white suite with shower set over the bath and has a window to the side aspect.
The bedrooms are positioned to the front of the building. The main bedroom is a good size and has window to the front side aspect.
Bedroom two is ideally suited as a home office or occasional guest bedroom, it has a window to the front aspect. To the rear of the building is a secure car parking area for the residents.
It provides three parking spaces available on a first come first serve basis to the owners of the four properties in the building. Accessed via Arley Cottages off Arley Hill.
(The parking spaces are rarely used by other residents but they retain the right to use if desired). The flat sits witin a controlled parking area and residents parking permits are available.
Important Information. Remainder of a 999 year lease from 1989 Internally run management company. We believe the management company own the freehold.
Current monthly service charge £100 Council Tax band A This information should be checked by your legal adviser.
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.
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FAQ
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