Top-floor one-bedroom flat with parking — ideal first home or buy-to-let near the hospital..
Top-floor one-bedroom apartment with balcony and attic storage
Allocated off-street parking included
Double glazing; electric storage heaters (higher running costs)
Leasehold ~100 years remaining; ground rent £192 pa
Service charge approximately £1,500 pa
Projected rent £800 pcm (≈7.7% gross yield)
Broadband speeds reported slow — impacts home working
Local crime levels very high — affects resale/letting prospects
This top-floor one-bedroom apartment on Great Western Road offers a compact, practical home in central Gloucester. The flat is in good condition with double glazing, attic storage, a balcony off the living room and an allocated off-street parking space — practical features for first-time buyers or buy-to-let landlords.
Positioned close to Gloucester Royal Hospital and local bus links, the location suits students, professionals and hospital staff. The property currently projects a rental income of around £800 pcm (approx. 7.7% yield), making it an attractive investment opportunity in a city-centre setting.
Important practical points are straightforward: the flat is leasehold with about 100 years remaining, an average-sized 503 sq ft layout, service charge around £1,500 pa and a small ground rent of £192 pa. Heating is by electric storage heaters, and broadband speeds in the area are reported slow, which may affect home-working tenants.
Be aware of local safety statistics: crime levels are very high in this neighbourhood, which will influence both resale and lettings considerations. Overall, the apartment is a sensible, low-maintenance option for a first step on the housing ladder or a hands-off rental purchase, provided buyers factor in service charges, utility costs and location-specific issues.
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