1-bedroom flat · GL3 4ZJ
Listing removedListed 237 days
Opportunity summary
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About
** One Bedroom Ground Floor Maisonette Available On A Shared Ownership Basis with No Onward Chain * Murdock & Wasley Estate Agents are delighted to offer this charming one-bedroom ground floor maisonette, available on a 35% shared ownership basis.
The property boasts a bright and airy open-plan kitchen and living area, a comfortable bedroom, and a modern bathroom.
Further benefits include gas central heating, double glazing, an NHBC guarantee, and one allocated parking space, making this an ideal home for first-time buyers or those looking to downsize.
Call To View: Entrance Hall Accessed via composite double glazed door, power points, radiator, lvt flooring, two storage cupboards, airing cupboard housing the Ideal gas fired boiler.
Doors lead off: Open Plan Kitchen/ Diner/ Living Area Range of base, wall and drawer mounted units, laminate worksurfaces, sink unit mixer tap over.
Appliance points, power points, oven/ grill with four ring gas hob and extractor hood over. Space for fridge/ freezer, washing machine and dining table.
Tv point, data points, two radiators, rear aspect upvc double glazed window. Bedroom Power points, radiator, front aspect upvc double glazed window.
Bathroom Suite comprising panelled bath with shower attachment, low level wc, pedestal wash hand basin. Radiator, lvt flooring, upvc wall panelling.
Outside To the outside of the property is one allocated off road parking space. Tenure & Charges Leasehold 99 years from new - 2023.
Charges: On a 35% shared ownership basis, the monthly rent would be £262.20 pcm We are advised there that there is a management charge of £48.38 pcm payable to Gloucester City Homes.
Agents Note Once your home is purchased you will have the option to increase the amount of your shared ownership home that you own. This is called Staircasing and can be increased to 100%.
The greater the share you buy in your home the less rent you will pay to your home. Ultimately, if you buy 100% of your home, you will become the outright owner, and will no longer need to pay rent.
Services Mains water, gas, electricity and drainage.
Local Authority Tewkesbury Borough Council Council Tax Band: A Awaiting Vendor Approval Details are yet to be approved by the vendor and may be subject to change.
Please contact the office for more information.
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 13, Hawker Drive, Gloucester
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