2-bedroom flat · GL1 2AF
Sold STCListed 233 days
Opportunity summary
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About
CHAIN FREE APARTMENT FOR SALE!! A perfect investment opportunity for a landlord or a great option for first-time buyers wanting to join the property ladder!!
Belvoir Gloucester is thrilled to present this renovated and well-presented apartment, perfect for families and couples alike.
Built in 2010 and conveniently located on the north side of Gloucester City Centre, this second-floor apartment has been recently renovated and offers two double bedrooms, including a master suite with an en-suite bathroom, an open-plan living and kitchen room with a balcony and a family bathroom.
The heart of the apartment is the living room with a kitchen complementing the open-plan design.
It is fitted with modern appliances, ample storage through wall and base units & shelving, a stylish gas hob and oven and a washing machine and fridge-freezer included in the sale.
The main feature of the living space is the balcony with new flooring, allowing residents to enjoy the outdoors while being in an apartment block.
The master bedroom benefits from a well-maintained en-suite bathroom with a shower cubicle. The second bedroom also benefits from quality flooring and is well-lit.
The family bathroom includes the shower over a panelled bathtub and vinyl flooring.
Additional benefits include an allocated parking space, a spacious entrance hallway with a large storage cupboard making this property as practical as it is charming.
This modern, immaculately presented and wonderfully designed two-bedroom apartment on Suffolk Drive benefits from close proximity to Gloucester City Centre, Kingsholm Stadium, The Cattle Market, Bus and Train Station, as well as Gloucester Quays & The Docks.
ADDITIONAL INFORMATION: Investment info: circa £12,000 (£1000 pcm) Council Tax: Band B Floor Area: 68sqm Heating: Gas Central Heating.
Boiler Last Service: 2025 Parking: 1 parking allocated parking space with the ability to purchase permits for extra vehicles.
Fully working intercom system Fridge-Freezer and Washing Machine included Tenure: Leasehold Leasehold information: 103 years left (2129 expiry) Service Charge Annually: £1800 per annum Ground Rent Annually: £225 per annum Belvoir Estate Agency.
Selling & Letting Residential Property across 170 Offices in the UK. 7,000 Property Sales. 60,000 Properties Under Management.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information, simply speak to someone in our branch today.
We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of £200.00, if you take out a mortgage through them.
If you require a solicitor to handle your purchase, we can refer you on to a variety of solicitors. We may receive a fee of £100 if you use their services. EPC rating: B.
Tenure: Leasehold, Service charge description: Lift, corridors leading to flight, stairs, car park , Length of lease (remaining): 102 years 10 months,
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 Suffolk Drive, Cattle Market/St Oswalds Retail Park, Gloucester, GL1
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