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See how verdicts work1-bedroom flat · GL2 4DP
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, is this light and airy top-floor studio apartment.
This property would be a brilliant opportunity for first-time buyers or investors, as it is ideally situated close to Waterwells Business Park, and has excellent access to the M5 motorway.
The apartment has been well maintained by the current owner and is accessed via the communal entrance hall, with stairs leading to the top-floor apartment.
The accommodation briefly comprises of an entrance hallway with a useful storage cupboard, a bright living room which opens to a bedroom space suitable for a double bed, a separate fitted kitchen featuring integrated appliances and a shower room.
Externally, the development benefits from secure gated access, allocated parking, additional visitor parking, and designated recycling/bin storage.
The property additionally benefits from two Velux roof windows and sash windows that provide the property with natural light, creating a welcoming and spacious feel throughout.
Tenure: Leasehold EPC: B Leasehold Information: Length 120 years.
Service Charge £1,320 per annum, Ground Rent: £250 per annum Council Tax Band: A Communal Entrance Hall Stairs up to top floor and communal landing to flats number 10 and 9 Inner Hallway Laminate flooring, door to storage cupboard, wardrobe and door to living room Living Room Laminate flooring, two electric wall radiators, window to side aspect and opening to bedroom Bedroom Utility cupboard housing washing machine, built-in eaves storage cupboard, electric wall heater, UPVC window to side aspect and door to kitchen Kitchen Range of base level units with worktops over, sink and drainer with mixer tap, built-in electric oven and electric ceramic hob with extractor hood over, space for fridge/freezer, UPVC windows to rear aspect, double glazed vellux window and door to shower room Shower Room Three piece suite comprising of: walk-in shower cubicle, low-level WC and pedestal hand wash basin.
Laminate flooring and extractor fan Outside Space Visitor parking to the front of the property, bin storage, secure gated access to flats and allocated parking Leasehold Information Length 120 years Service charge £1,320 per annum Ground rent £250 per annum Material Information Please use the QR code to open the material information Council Tax Band A Referral We always refer sellers to Montpellier Legal, Harvey Baker solicitors or RedKite Law solicitors and The Mortgage Brain.
It is your decision whether you choose to deal with Montpellier Legal, Harvey Baker solicitors or Redkite Law solicitors and The Mortgage Brain.
Should you decide to use Montpellier Legal, Harvey Baker solicitors or Redkite Law solicitors and The Mortgage Brain you should know that we would receive a referral fee of £100 from them for recommending you to them.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property, the initial checks are carried out on our behalf by Lifetime Legal. This costs £55 (incl.
VAT) which is paid directly to Lifetime Legal and is non-refundable.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Elmgrove Court, Gloucester, United Kingdom, GL2
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