We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · GL1 3LF
Sold STCReduced £15k (−12%) on 8 FebListed 346 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Duplex Apartment With Parking- No Chain Murdock & Wasley Estate Agents are delighted to welcome to the open market this fantastic opportunity for first-time buyers or investors to purchase a popular one-bedroom duplex apartment set over two floors, complete with an allocated parking space.
The property enjoys beautifully maintained communal grounds and is ideally situated close to direct transport links, offering both convenience and comfort.
This property would make a great investment or an ideal first home, with an estimated rental income of £795 per calendar month, achieving a potential yield of approximately 7.3%.
Communal Entrance Foyer - Accessed via front door, stairs to all floors.
Entrance Hallway - Accessed via front door, electric radiator, power points, stairs to first floor with under stairs storage cupboard, doors to bedroom & bathroom.
Bedroom - Sash window to front, electric radiator, power points, television point.
Bathroom - Sash window to front, panelled bath with shower over, low level wc & pedestal wash hand basin, partly tiled walls, electric radiator.
First Floor Landing - Telephone intercom, storage cupboard, door through to open plan lounge/kitchen/diner.
Open Plan Kitchen/Lounge/Diner - Two sash windows to front, eye & base level units with roll edge work tops, sink/drainer, electric oven with hob & hood over, space for appliances, power points, television point, electric radiator.
Outside - One allocated parking space. Tenure & Charges - Leasehold- 999 year lease since 2002.
Charges- £1900.00 per annum management charge to include : Water, Window cleaning, Cleaning of communal areas, Communal grounds maintenance, Buildings Insurance, Payment into the building reserves.
Ground Rent- £160 per annum. Management Company are First Port. Local Authority - Gloucester City Council- Band B Services - Mains water, electricity & drainage.
Awaiting Vendor Approval - Details are yet to be approved by the vendor and may be subject to change. Please contact the office for more information.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Crescent, Gloucester
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