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See how verdicts work2-bedroom flat · GL2 5SE
For saleReduced £7.8k (−5.5%) on 21 JunListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Murdock and Wasley are proud to present this well presented, two bedroom top floor apartment, offering stylish, low maintenance living.
Ideal for first time buyers, investors or those looking to downsize.
Occupying a top floor position, this property benefits from an abundance of natural light throughout creating a bright and spacious feel.
The property comprises of, entrance hall, large kitchen living area, two double bedrooms with en suite to master and family bathroom.
Further benefits include allocated parking, secure entry system and well maintained communal areas. This property is conveniently located with easy access to the Quays and City Centre.
Entrance Hall Accessed via front door, power points, radiator, door to storage cupboard.
Doors lead off: Kitchen Livng Area Range of base, drawer and wall mounted units, laminate worksurfaces, one and a half bowl sink unit with mixer tap over.
Appliance points, power points, integral cooker and electric hob with extractor hood over, space for fridge/freezer and dining table and chairs.
Radiator, inset ceiling spotlights, laminate flooring, side aspect upvc double glazed window.
Bathroom Suite comprising low level wc, wall mounted wash hand basin with mixer tap over, panelled bath with mixer tap and shower over, partly tiled walls, wall mounted heated towel rail.
Bedroom One Power points, wall mounted radiator, built in wardrobe, front aspect upvc double glazed window.
Doors lead off: En Suite Suite comprising low level wc, wall mounted wash hand basin with mixer tap over, double step in cubicle with shower over, partly tiled walls, wall mounted heated towel rail.
Bedroom Two Power points, wall mounted radiator, front aspect upvc double glazed window. Outside One allocated parking space. Services Mains water, electricity & drainage.
Tenure And Charges Leasehold- 246 Years Remaining Percentage to be sold 56% Service Charge £191.16 Monthly Rent: £308.48 Local Authority Gloucester City Council Tax Band: B Awaiting Vendor Approval Details are yet to be approved by the vendor and may be subject to change.
Please contact the office for more information.
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 15, 2, Hobbs Way, Gloucester
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