2-bedroom flat · GL2 5SF
For saleReduced £10k (−3.6%) on 17 SepListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Centre are delighted to offer "For Sale" this impressive, beautifully presented second floor apartment built by Crest Nicholson.
Situated in the sought-after area of Hempsted, the property offers stunning waterside views and modern living throughout.
Ideally positioned within walking distance of the fashionable Gloucester Quays, Gloucester City Centre as well as other local amenities.
The accomodation briefly comprises: Spacious and welcoming entrance hall with large utility/storage cupboard with plumbing for a washing machine, two double bedrooms with the master having a generously sized newly fitted en-suite with double size shower cubicle.
A second contemporary bathroom, ideal for guests. The living space consists of an open plan lounge/kitchen/diner with French doors opening on to a balcony with far reaching views.
Outside there is allocated off road parking for one vehicle, plus secure bike storage. Potential Rental Income: £1250pcm
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 Flat 11, 12, Hobbs Way, Gloucestershire
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