2-bedroom house · GL2 5GF
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market, this beautifully presented two-bedroom mid-terrace property is conveniently positioned within the peaceful cul-de-sac location of Harness Close in the popular village location of Hempsted.
Benefitting from extended living accommodation and an enclosed rear garden, the property makes for an ideal first purchase or investment opportunity with a potential rental income of £1,100 pcm.
Entrance Hallway Hallway that gives access to kitchen, w.c. And living/dining room.
Kitchen A contemporary kitchen featuring floor-to-ceiling cabinets and generous worktop space, complete with convenient under-counter spaces designated for a freestanding washing machine, dishwasher, and fridge-freezer.
Completed with window to front aspect. Downstairs W.C White suite comprising w.c. And wash hand basin with frosted window to front aspect.
Living/Dining Room A spacious living and dining area offering endless potential to customise and adapt to your personal style and lifestyle needs.
Access to the first floor and sliding patio doors to rear garden. Bedroom One Large double bedroom with built in wardrobes and above stairs storage cupboard. Completed with window to rear aspect.
Family Bathroom Modern white suite comprising bath with shower overhead and screen provided, w.c. And wash hand basin with storage.
Bedroom Two Double bedroom with scope for storage or to be used as a work from home office. Outside Externally, the property offers convenient off street parking to the front.
To the rear, you'll find a beautifully enclosed garden featuring patio areas at both ends with a central grassed area in between.
Location With the Church of England primary school, village store and post office alongside bus routes, the village of Hempsted should be highly considered by those looking for a desirable, family-orientated location.
Furthermore, Hempsted is highly convenient for easy access onto the M5 motorway and to all amenities on offer within the city centre, whilst being enviably close to Gloucester Docks and the Quays Designer Outlet and Leisure Quarter, where a variety of restaurants and bars can be found alongside a state-of-the-art cinema complex and a 24-hour gym Material Information Tenure: Freehold.
Local Authority and Rates: Gloucester City Council - Tax Band B (£1,826.36 per annum) 2026/2027. Electricity supply: Mains. Water supply: Mains. Sewerage: Mains. Heating: Gas central heating.
Broadband speed: Basic 6 Mbps, Superfast 35 Mbps, Ultrafast 1000 Mbps download speed. Mobile phone coverage: EE, Three, O2, Vodafone.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 7, Harness Close, Gloucester
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