1-bedroom flat · GL5 1DS
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spinners House, Wesley Court is located within the `older` part of Stroud, being only a short walk or drive to the town centre.
A communal entrance leads to the staircase or chair lift, There is a manager office and other facilities include a residents day room, laundry room with washing machines and tumble dryers, there is a visitors room which can be booked for a small charge.
There are some communal areas of garden to enjoy. Parking is on a first come first serve permit basis with an area for visitors to park.
The apartment is well presented with wonderful views, a kitchen with a built-in electric oven, hob and extractor. The bedroom also enjoys a wonderful view with a triple wardrobe included in the sale.
Sitting room allows room for a table to dine on and give access to the kitchen. Viewings are by appointment only. Directions Proceed up the hill into Cornhill, continue into Parliament Street.
Turn right into Acre Street then right again into Wesley Court with the communal door for Spinners Hse on the right hand side.
Amenities Stroud's town centre is a short drive away or a downhill walk and offers a full range of leisure and shopping facilities along with a main line railway station to London Paddington and various bus routes in and out of the town.
The M5 junction 13 is also convenient and is found approximately six miles away.
A short drive will take you to Sainsbury's Supermarket along with Selsley and Rodborough Commons offering excellent dog walking territory and further possibilities for outdoor recreational pursuits.
Schooling is convenient with nearby primary schools, the Archway Secondary School as well as Marling Grammar for Boys and Stroud High for Girls also in the local community.
Communal Facilities Property has use of all of the facilities, to include a residents lounge with lots of seating, a little kitchen area and double doors to communal gardens.
Also a guest suite and laundry room. Communal Entrance Hallway Property is found on the first floor. Warden's office on the right as you enter in Weavers House.
Hallway Entry phone handset, double glazed window, coving, coats cupboard. Sitting Room Double glazed window with views, storage heaters, coving, door into kitchen.
Kitchen Selection of wall and base units, space for fridge freezer, Plumbing for washing machine, 1 1/2 bowl stainless steel sink unit, built-in wine rack, electric oven, hob and extractor hood.
Electric panel heater, door into sitting room. Bedroom Double glazed window with view, triple wardrobe to stay, coving, storage heater.
Bathroom Comprising a WC, pedestal wash basin, panelled bath with mixer tap and tiled splash backing, fan heater, spotlighting, extractor.
Outside Parking We understand the parking in the development is on a first come first serve basis. Also visitor parking can be found within the development.
Council Tax Band B Service Charges And Lease Info We have been informed that the lease is 99 years from 1993 therefore there are approximately 66 years remaining.
The service charge is £830.42 per quarter and the ground rent is £88.29 per six months. The development is managed by broadleaf management services Limited.
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Hunters Stroud Win Gold Again We are pleased to announce Hunters Estate Agents in Stroud have won the gold award at the British Property Awards 2024. We also won the award in 2023 and 2021.
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Value & comps
No previous sales on record.
Returns
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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.
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About 36 Spinners House, Wesley Court, Stroud
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