Summary - FLAT 11, 38 TRIER WAY, GLOUCESTER GL1 1LG
1 bed 1 bath Flat
Low-price investment with renovation potential near transport and amenities.
Chain free one-bedroom flat, about 373 sq ft
A compact one-bedroom flat in a Victorian building, offered chain free and priced to appeal to investors or cash buyers. The apartment totals about 373 sq ft with an open-plan kitchen/lounge, a large double bedroom and a separate bathroom. The modern-minimalist kitchen contrasts with an exterior that shows age — moss on the roof and external stair access — so expect some external and common-parts upkeep.
The lease has 114 years remaining and annual ground rent is £200. For 2024 the confirmed service charge is £893.64 with a reserve fund contribution of £546.50; these sums indicate ongoing maintenance responsibilities for communal areas and building fabric. Flooding risk is medium and local crime levels are high; purchasers should factor insurance and security measures into budgets.
Positioned in a cosmopolitan, student-heavy neighbourhood close to amenities and transport, the flat suits buy-to-let investors targeting rental demand from students and migrant families, or a buyer seeking a small renovation project to re-sell. The solid-brick Victorian construction offers character but little built-in insulation, so energy improvements could add value.
Interested parties should note the property sits in a deprived area with fast broadband and excellent mobile signal. The combination of low asking price, long lease and nearby rental demand makes this a clear renovation or investment opportunity, but buyers must be frank about the social and maintenance challenges present.
1 bedroom flat for sale in Trier Way, Gloucester, Gloucestershire, GL1 — £80,000 • 1 bed • 1 bath • 385 ft²
1 bedroom flat for sale in Commercial Road, Gloucester, Gloucestershire, GL1 — £110,000 • 1 bed • 1 bath • 456 ft²
1 bedroom flat for sale in Trier Way, Gloucester, GL1 — £90,000 • 1 bed • 1 bath • 421 ft²
1 bedroom flat for sale in Southgate Street, Gloucester, GL1 — £80,000 • 1 bed • 1 bath • 465 ft²
1 bedroom apartment for sale in Weston Rd, Gloucester, GL1 — £86,950 • 1 bed • 1 bath • 406 ft²
1 bedroom flat for sale in Columbia Close, Gloucester, Gloucestershire, GL1 — £120,000 • 1 bed • 1 bath • 573 ft²
