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See how verdicts work2-bedroom flat · GL2 2GL
Listing removedReduced £10k (−6.3%) on 31 JulListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented & well-proportioned ground floor flat in the ever-popular Kingsway area of Gloucester.
This apartment offers generous flexible space, modern futures & fittings and is well decorated throughout.
It boasts superb natural light in all rooms & being on the ground floor, benefits from level access throughout.
The sitting room has a comfortable modern feel with space for dining & even a small study area if needed.
The fitted kitchen houses the central heating boiler & offers plenty of storage with several built in appliances. Please check on any freestanding appliances if they are included in this sale.
There are two good size double bedrooms fully carpeted & plenty of space to make living in this apartment very comfortable indeed.
The family bathroom benefits from recent tiling & new flooring. There is a shower over bath also.
The property comes with an allocated parking space which can be found close to the rear exit of the building.
The communal parts are well kept & the seller has commented on how well the grounds are tended regularly.
The below information has been supplied by our vendor - to be confirmed via your solicitor: Lease length - 111 years approx. Service Charge - £2,200 approx. Per annum Ground Rent - £280 approx.
Per Anum Council tax band B. Kingsway has grown into a lively community with plenty of local amenities & regular bus routes.
There is easy access for commuting to the M5 J12, Gloucester City & Cheltenham are within easy reach. Local schools are also a pull for this location.
Overall, a superb place to live with virtually anything you will need on hand.
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
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FAQ
About Flat 1, 64, St. Mawgan Street Kingsway, Gloucester
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