2-bedroom house · GL3 3SR
For saleReduced £3k (−2.2%) on 8 JulListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold An attractive 2 bedroom first floor apartment for the over 50's with no onward chain Hucclecote Mews is a purpose built retirement complex situated in the popular residential district of Hucclecote, an area particularly well supplied with local amenities which include shops, doctors, and dentists, community center with library and frequent bus services to both Gloucester and Cheltenham.
EPC Rating: C Living Room Dimensions: 13' 4'' x 11' 1'' (4.06m x 3.38m). With radiator and telephone outlet point. Kitchen Dimensions: 7' 7'' x 5' 10'' (2.31m x 1.78m). Fitted with base cupboards.
Work surface. Wal cabinets. Sink unit. Space for a refrigerator. Space for cooker. Bedroom One Dimensions: 9' 5'' x 9' 3'' (2.87m x 2.82m). Radiator. T.V. Point and views across the gardens.
Bedroom Two Dimensions: 8' 0'' x 6' 10'' (2.44m x 2.08m). With radiator and built in wardrobes and a built in airing cupboard containing both hotwater cylinder and gas fired central heating boiler.
Bathroom Provides a panelled bath with shower over. Wash hand basin. Low level W.C. Radiator and extractor fan.
Outside Communal gardens surround the property Agency Notes EPC - C Council Tax - A Annual service charges: £1724.57 per year, invoiced quarterly in November, Feb, May & August Ground Rent £75 Per year invoiced November Insurance £140 Per year invoiced in November.
Please note that this property is subject to an exit fee upon resale. The fee is payable to the freeholder and is typically calculated as a percentage of the resale price.
The exact percentage and the conditions for the fee will be outlined in the lease agreement.
As part of the application process for purchasing a flat in this retirement community, prospective buyers are required to attend a meeting with the property management team.
This meeting is designed to ensure that the buyer is suitable for the property and to provide an opportunity for any questions regarding the community’s rules, services, and living arrangements.
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.
Area
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FAQ
About Flat 14, Hucclecote Mews, Gloucester
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