2-bedroom flat · GL2 5SH
For saleListed 64 days
Opportunity summary
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About
** Superb Two Double Bedroom Apartment with Balcony and Canal Views, Available On A 30% Shared Ownership Basis ** Murdock & Wasley Estate Agents are delighted to present this superbly appointed two double bedroom, second-floor apartment, offered to the market on a 30% shared ownership basis with no onward chain.
Built by Crest Nicholson in 2023, the apartment boasts spacious and stylish accommodation, including an open-plan kitchen/living area with a private balcony enjoying canal-side and far-reaching views.
The property further benefits from a generous master bedroom with en-suite, a modern bathroom, a separate utility, and an allocated parking space.
We anticipate strong interest in this impressive home and highly recommend an early viewing to fully appreciate all it has to offer.
Secure Communal Entrance Accessed via secure communal front door, wall mounted allocated letter box, lift & stairs to all floors.
Entrance Hall Approached via front door, telephone intercom, radiator, power points, doors to both bedrooms, bathroom & open plan kitchen/lounge/diner.
Lounge / Kithcen / Dining Area Upvc double glazed window to side & french doors to front, television point, radiator, power points, eye & base level units with roll edge work tops, sink/drainer, electric oven with electric hob & hood, space for fridge/freezer and dining table, partly tiled walls, inset ceiling spot lights.
Bedroom One Power points, wall mounted radiator, front aspect upvc double glazed window.
Doors lead off: En Suite Suite comprising low level wc, wall mounted wash hand basin with mixer tap over, double step in cubicle with shower over, partly tiled walls, wall mounted heated towel rail, shaver point.
Bedroom Two Power points, wall mounted radiator, front aspect upvc double glazed window.
Bathroom Suite comprising low level wc, wall mounted wash hand basin with mixer tap over, panelled bath with mixer tap and shower over, partly tiled walls, wall mounted heated towel rail.
Outside One allocated parking space. Access to bin/bike store. Services Mains water, electricity & drainage. Tenure & Charges Leasehold- 250 year lease from 2023.
Management Charge: Circa £167.96 pcm Ground Rent: Circa £0 pcm Guiness Housing Association Fees The rent ( for the share) Circa £512.18 pcm.
Local Authority Gloucester City Council Tax Band: C 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
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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.
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FAQ
About Flat 21, 17, Harker Close, Gloucester
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