2-bedroom flat · GL1 3NF
For saleReduced £5k (−2.6%) on 5 SepListed 186 days
Opportunity summary
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About
Two-bedroom, first floor apartment 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 apartment, perfect for investors, single professionals and couples alike.
Built in 1815, this Grade II listed property has been renovated into 3 separate apartments.
Flat Two offers two double bedrooms, a large reception room, a kitchen-diner, a four-piece bathroom, private off-street parking and a separate utility room, all alongside original features throughout.
The spacious hallways seamlessly lead through the apartment. The heart of the apartment is the 15ft x 14ft living room with its dual aspect sash windows, fireplace and built-in storage.
The recently decorated kitchen is fitted with modern appliances, ample storage through wall and base units & shelving, a stylish gas hob and oven and an integrated dishwasher and fridge-freezer.
Both bedrooms are well decorated and include large sash windows, carpet and high ceilings.
The family bathroom includes a panelled bathtub, heated towel rail, separate shower cubicle, side aspect frosted double-glazed window, hand wash basin, w.c and under-floor heating.
Additional benefits include an allocated parking space, a spacious entrance hallway and a separate utility room, making this property as practical as it is charming.
Additional information: Investment info: Circa £12,000 (£1000 pcm) Council Tax: Band A Floor Area: 79sqm Heating: Gas Central Heating. Parking: 1 parking allocated parking space.
Fully working intercom system Tenure: Leasehold Leasehold information: 961 years left (2987 expiry) Service Charge Annually: £900.00 per annum (Maintenance Fund of £75.00 per month that the owners use to annually pay building insurance and running maintenance costs.) Ground Rent Annually: £0.00 per annum Share of the Freehold 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: D.
Service charge description: Share of the Freehold Maintenance Fund of £75.00 per month that the owners use to annually pay building insurance and running maintenance costs.
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
Agent & docs
FAQ
About 2, Picton House, Great Western Road, Gloucester
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