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See how verdicts work1-bedroom flat · GL2 2GJ
Listing removedListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor flat situated within a quieter spot of Kingsway. This flat is being offered for sale with no chain.
It benefits particularly from being within close proximity to local amenities and transport links. St.
Mawgan Street is within easy access to the M5, Junction 12 and is a fantastic first time buy or investment property.
Accommodation comprises an entrance hallway with storage cupboard, an open plan kitchen sitting room, a double bedroom and a good size bathroom.
A light modernisation programme could be carried out if desired but not essential.
This property further benefits from an allocated off road parking space directly next to the rear door of the building.
The below information has been supplied by our vendor - to be confirmed via your solicitor: Annual Service Charge £1,824.49 Annual Ground Rent £280.00 Pinnacle Property Management - Managing Agents Lease 125 Years from 2012 = 113 Years Remain Open Plan Kitchen Lounge (4.93m x 4.32m) This generous sized open plan kitchen lounge area benefits from three windows; boasting with natural light.
This room offers plenty of space for a sofa, table and further furnishings. The lounge area is carpeted, and the kitchen benefits from hard flooring.
The kitchen accommodates a gas hob, extractor fan and cooker. There is also further space for a fridge freezer and washing machine.
Bedroom (3.5m x 3.43m) A bright and spacious double bedroom; carpeted throughout. This room boasts with natural light and space for a double bed and further furnishings.
Bathroom (2.26m x 1.88m) A bathroom accommodating a bath with an overhead shower, a toilet and a sink.
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
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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 Flat 2, 10, St. Mawgan Street Kingsway, Gloucester
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