Chain-free two-bedroom apartment with parking and strong rental potential..
Chain-free two-bedroom first-floor apartment with ensuite
Allocated off-street parking and double glazing throughout
Located close to Gloucester Royal Hospital and city centre
Projected rent £850pcm — indicative yield c.7.0%
Leasehold: 98 years remaining; service charge £1,848 pa
Ground rent £193 pa; consider impact on monthly costs
Electric storage heating only — may increase energy bills
Local area records very high crime levels
This chain-free, two-bedroom first-floor apartment on Great Western Road offers a practical city-base close to Gloucester Royal Hospital and the city centre. The layout includes a hallway with storage, a good-sized lounge with patio doors, a fitted kitchen, two double bedrooms (master with ensuite) and a separate family bathroom. Built 2003–2006, the block benefits from double glazing and an allocated off-street parking space.
The property is well-suited to first-time buyers or buy-to-let investors: a projected rent of £850pcm gives an indicative yield of around 7.0%. The site’s location in a cosmopolitan, student-and-professional neighbourhood provides steady tenant demand and excellent transport links. The apartment is presented in good condition with modern bathroom fittings and neutral finishes throughout.
Buyers should note material running costs and constraints: the flat is leasehold with 98 years remaining, an average annual service charge of £1,848 and a ground rent of £193. Heating is via electric storage heaters and mains broadband speeds are reported as slow, which could affect living costs and tenant appeal until upgraded. The local area records very high crime levels, a factor to consider for personal safety and lettability.
Overall this is a straightforward, low-maintenance apartment in a convenient city location offering immediate rental potential or an accessible first home. The combination of allocated parking, ensuite master bedroom and proximity to hospital and amenities are clear positives; budget for ongoing service costs and a possible heating or broadband upgrade when assessing long-term value.