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See how verdicts work2-bedroom flat · GL1 1YH
Listing removedReduced £15k (−7.7%) on 1 OctListed 239 days
Opportunity summary
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About
Ground floor maisonette for sale! A perfect investment opportunity for a landlord or a great option for first-time buyers wanting to join the property ladder!
Belvoir Gloucester is thrilled to present this renovated and well-presented ground-floor maisonette for sale, perfect for families and couples alike.
Built in 1974 and conveniently located on the south side of Gloucester City Centre, this ground-floor mainsonette has been recently renovated (including new internal doors and a brand new porch canopy) and offers two double bedrooms, an open-plan living and dining room with a fitted bar, a modern kitchen, a renovated bathroom and a beautifully presented private garden.
The large entrance hallway provides a built-in storage cupboard and seamlessly leads to the heart of the home, the living room.
The spacious room is fitted with a brand new bar unit in front of the dining area and has wonderful glass-panelled French patio doors leading to the peaceful and private garden, which overlooks the bowling green, cricket pitch and Gloucester park in the distance.
The kitchen is fitted with modern appliances, ample storage with a range of wall and base units & shelving, a stylish electric hob, oven and an integral fridge/freezer and dishwasher.
The master bedroom benefits from newly fitted wardrobes and overlooks the front aspect of the property.
The second bedroom also benefits from quality flooring and is well-lit, looking over the rear garden.
The modern bathroom incorporates a w.c, hand wash basin, bidet, heated towel rail and shower cubicle with rainfall shower.
Positioned to the rear, the property boasts a private, well-enclosed garden enjoying attractive open views across the neighbouring bowling green, creating a pleasant and tranquil setting.
A stone pathway leads to the front elevation, where residents’ communal parking is available. The property also benefits from a single garage, providing secure storage or additional off-road parking.
Ideally located within close proximity to the highly desirable Gloucester Docklands, The Chestnuts is an exclusive and well-regarded development set just off Southgate Street at Somerset Place.
A comprehensive range of amenities are within easy reach, including convenience stores, salons, public houses, and a variety of restaurants situated both around the Docks and along Southgate Street.
The city centre is readily accessible on foot or via public transport, while excellent transport links provide straightforward access to Cheltenham and Bristol.
Rail services from Gloucester offer direct connections to London Paddington, making the location particularly appealing for commuters.
Additional information: Investment info: Circa £13,200 (£1100 pcm) Council Tax: Band A Floor Area: 69sqm Heating: Gas Central Heating.
Boiler Last Service: 2026 Boiler Installed: 2012 Parking: 1 space and a garage Tenure: Leasehold Leasehold information: 981 years left Service Charge Annually: £300 per annum Ground Rent Annually: £1.00 per annum The property is held on a leasehold basis with approximately 981 years remaining, offering long-term security.
The development is managed by Chestnuts Management Co Ltd, with annual service charges currently in the region of £300. A nominal peppercorn ground rent of £1 per annum is payable.
The garage is held freehold. Upon completion, the purchaser will also acquire a share in the management company, which is jointly owned by the eight properties within the development.
Belvoir Estate Agency. Selling & Letting Residential Property across 170 Offices in the UK. 7,000 Property Sales. 60,000 Properties Under Management.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information, simply speak to someone in our branch today.
We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of £200.00, if you take out a mortgage through them.
If you require a solicitor to handle your purchase, we can refer you on to a variety of solicitors. We may receive a fee of £100 if you use their services. EPC rating: C.
Value & comps
No previous sales on record.
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Archie refurb estimate: a Pro feature
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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.
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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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About 7, The Chestnuts, Gloucester
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