Summary - ARCHWAY HOUSE FLAT 5 FARM STREET GLOUCESTER GL1 5AD
2 bed 1 bath Apartment
Secure gated parking and strong rental potential near Gloucester Docks.
Bright open-plan living room and fitted kitchen with integrated appliances
This two-bedroom first-floor apartment in Archway House offers a bright, open-plan living room and fitted kitchen with integrated appliances — a practical entry-level home close to Gloucester city centre and the Docks. The layout includes a double main bedroom with built-in wardrobe, a second bedroom, a shower room and useful hallway storage. An allocated gated parking space adds secure, low‑maintenance convenience.
The property is well suited to first-time buyers or buy-to-let investors. EPC B82 suggests good energy performance, and the advertised rental potential of around £925 pcm gives clear income prospects. The remaining lease is extremely long (977 years) which removes typical leasehold timing concerns.
Buyers should note ongoing costs and local constraints: an average annual service charge of £1,800 applies and the property uses electric storage heaters. Broadband in the area is reported slow at the basic level (around 13 Mbps), and local crime statistics are high; the wider area is classed as deprived. These factors affect running costs, comfort and lettability in the short term.
Overall this apartment represents a straightforward, low‑upkeep step onto the property ladder or a simple addition to a rental portfolio, provided purchasers accept the service charge and the local area characteristics.
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