Summary - 121 NEW STREET GLOUCESTER GL1 5AY
2 bed 2 bath Terraced
Affordable central property with clear refurbishment upside and rental potential.
Two double bedrooms
Two reception rooms and two bathrooms
Chain-free; potential £1,200 pcm rental income
Small south-west facing rear garden
Gas central heating and double glazing present
Requires renovation and modernisation throughout
Solid brick walls; likely no insulation
Very high local crime and medium flood risk
A compact Victorian mid-terrace with genuine rental and purchase potential close to Gloucester Quays and the city centre. The house offers two double bedrooms, two reception rooms and two bathrooms across an average-sized footprint, plus a small south-west facing rear garden. Gas central heating and double glazing are already in place.
The property is offered chain-free and, once modernised, could achieve the advertised rental estimate of around £1,200 pcm — making it suitable for buy-to-let investors or first-time buyers looking to add value. Transport links and local amenities are strong, with the railway station, shops and leisure facilities within walking distance.
Important: the house requires renovation and updating. It has solid brick walls (no known insulation), an unknown age for glazing, low-to-standard ceilings and some dated fittings. The area scores high for crime and very deprived on local indices; there is a medium flood risk. Prospective purchasers should budget for refurbishment, possible insulation works, and surveys to confirm structural and services condition.
This is a straightforward, affordable entry into central Gloucester for anyone prepared to invest time and money in modernisation. For investors it offers immediate letting potential after works; for first-time buyers it presents a manageable project with lower purchase costs and central convenience.
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