Fully modernised two-bedroom maisonette — strong yield, auction sale, and quick completion potential..
Fully modernised two-bedroom ground-floor maisonette
Reported rental yield about +9% — strong investor appeal
Leasehold tenure; sold by Modern Method of Auction
Non-refundable reservation fee 4.5% (min £6,600) payable on purchase
Very deprived area with above-average crime statistics
System-built era (1950–66) — assumed limited wall insulation
On-street parking only; communal garden use
EPC rating D, Council Tax Band A (very cheap)
This ground-floor, two-bedroom maisonette has been fully modernised and offers straightforward, move-in ready accommodation. Light living spaces, a contemporary kitchen with integrated appliances and two double bedrooms suit a first-time buyer or landlord seeking immediate rental income. The property occupies a popular residential pocket of Matson with good commuter links to the M5 and easy access to Gloucester city centre.
Financially this is an attractive proposition: the free-market asking price of £130,000 and a reported rental yield of around +9% make it appealing to buy-to-let investors. Running costs are helped by mains gas central heating, double glazing and a very low council tax band A. The property will be sold by the Modern Method of Auction and is offered free of onward chain, which can speed completion for a prepared buyer.
Important practical points and risks are clear. This is a leasehold maisonette and the sale uses an auction-style reservation agreement — buyers must be comfortable with a non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600) and a Buyer Information Pack cost. The area is classified as very deprived with above-average crime rates and parts of the local housing stock are system-built with assumed poor insulation; these factors may affect insurance, resale or refurbishment costs. On-street parking only.
Overall this home suits first-time buyers wanting a ready-to-live-in flat in a commuter-friendly location, or investors seeking strong immediate rental returns. View carefully if you plan to mortgage or require long-term capital growth: auction sale mechanics, leasehold tenure and local area indicators are material considerations and should be checked with your lender and surveyor before bidding.