1-bedroom flat · GL1 3QN
Listing removedReduced £50 (−5.9%) on 28 JulListed 104 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This newly refurbished ground floor one bedroom flat has an open plan living space with updated kitchen area including new hob and oven, with new carpets throughout.
Close proximity to town and all the amenities, and within easy reach of the Gloucestershire Royal Hospital, comes with its own allocated parking space.
This one bedroom property is the perfect location for any professional. Available immediately (subject to referencing). Rental information When is the property available?
Immediately (once the referencing process has been successfully completed) How do I move forwards with this property?
Should a prospective Tenant/s wish to move forwards with this property they will need to be able to complete a pre-tenancy application.
If the application is successful they will then need to place a holding deposit. This will be equivalent to a maximum of 1 week's rent (£196.15) based on the rent being £850.00.
The referencing process will then begin. The tenancy must commence within 15 days of the holding fee being placed unless a Tenant requests in writing for this timeframe to be extended.
What happens before the tenancy can start? Once the referencing process has been completed successfully, the tenancy agreement will be sent to Landlord and Tenant to esign.
The Tenant will also be requested to pay to pay the first month's rent (£850.00) in advance together with a security deposit.
This will be the equivalent of a maximum of 5 week's rent (£980.77) based on the rent being £850 pcm. EPC Rating: D
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 20 Hamer Street, Gloucester
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