We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · GL1 4DL
Listing removedListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Could this be the ideal first step onto the property ladder, or a ready-made investment with a particularly attractive return?
Offered to the market chain free, this extended two-bedroom Victorian terrace on India Road represents an excellent opportunity for both first-time buyers and buy-to-let investors, combining an accessible price point with two double bedrooms and a surprisingly generous rear garden.
The property has recently been freshly painted and fitted with new carpets, creating a clean, neutral home ready for its next owner.
From the entrance, you step into the living room, a comfortable reception space which leads through to the kitchen/breakfast room beyond.
The kitchen provides space for everyday dining and continues through to the rear extension, where you’ll find the downstairs bathroom.
Importantly, the flat roof above the bathroom was replaced in September 2026, providing additional reassurance for the incoming owner.
Upstairs, there are two genuine double bedrooms, an important consideration for both first-time buyers wanting usable space and landlords looking for a strong rental proposition.
Outside is perhaps one of the property's biggest surprises.
The enclosed rear garden extends to approximately 60ft, offering considerably more outside space than you might expect at this price point, with scope for a new owner to landscape and personalise over time.
Further benefits include gas central heating and double glazing. For investors, the numbers are particularly compelling.
With an anticipated rental achievement in the region of £950 to £1,000 per calendar month, against an asking price of £140,000, the property offers an indicative gross rental yield of approximately 8.1% to 8.6%, before costs, void periods and taxation.
For a first-time buyer, it offers something equally important, an affordable Victorian home with two double bedrooms, a substantial garden and the opportunity to put down roots and make it their own.
Chain free, freshly presented and positioned at £140,000, this is a property that deserves serious consideration from both homeowners and investors alike. Ref LH0563 Ask for Leon Holder
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
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FAQ
About 98, India Road, Gloucester
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