1-bedroom flat · GL1 2EW
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the ever popular Gloucester Docks is this beautiful one bedroom apartment within the popular Crest Nicholson built development of Merchants Quay is offered to the market with no onward chain.
This modern waterside apartment boasts flexible living accommodation with integrated kitchen appliances along with secure allocated parking.
With a potential rental income of £875 pcm, this apartment has much to offer investors and residential buyers alike.
Entrance Hallway Spacious entrance hallway, with secure intercom system, provides access to the bedroom, bathroom, living area and to a built-in storage cupboard.
Lounge / Kitchen Open plan living area with convenient space for lounge and dining space with Juliet balcony boasting waterside views towards the Victoria basin.
The kitchen area benefits from ample worktop and storage space with integrated appliances to include fridge, freezer, washing machine, four ring gas hob and electric oven.
Bedroom Spacious double bedroom with window facing to the front aspect.
Bathroom Modern white suite family bathroom comprising of w, c, wash hand basin, large mirror and bath with shower attachment over.
Outside The gated secure entrance opens to the communal area of the Merchants Quay development with cycle racks provided alongside lift and stair access to the top floor.
The apartment is complete with a secure allocated parking space located in the Barge Arm East development.
Location With views towards the main basin, Merchants Quay constructed in 2011 is an open air development situated in the heart of the historic Gloucester Docks.
Transformed in recent years to become a sought after residential area, the popular destination holds developments throughout the year to include the Food Festival, Tall Ships Festival and the Victorian Christmas Market.
There are a number of amenities on offer within Gloucester Quays Shopping Centre and the Leisure Quarter including a state of the art 10 screen cinema and a number of restaurants and bars.
Material Information Tenure: Leasehold with 183 years remaining on the lease.
Managed by Ash & Co with an annual service charge of £2,166, split between building maintenance, management and insurance alongside the Docks Service Charge (dsc) to include the security, cctv, cleaning and maintenance for the private Docks estate, operated by gdecl.
No ground rent is payable.
*Information correct as of 19/8/26* *EWS1 form has been granted as of 15/04/26* Local authority and rates: Gloucester City Council - Tax Band B (£1,826.36 per annum) 2026/2027.
Electricity supply: Mains Heating: Gas central heating. Water supply: Mains Sewerage: Mains Broadband speed: Basic 18 Mbps, Superfast 80 Mbps - Highest available download speed.
Mobile phone coverage: EE, Vodafone, Three, O2.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About 34, Merchants Quay, Gloucester Docks
Explore nearby