Summary - Hobbs Way, Gloucester GL2 5SE
2 bed 2 bath Flat
Top-floor home with balcony, allocated parking and strong rental potential.
Top-floor apartment with private balcony and canal views
A top-floor two-bedroom apartment set on a modern waterfront development, this property offers light, open-plan living with a private balcony and attractive canal views that extend to Robinswood Hill. The layout includes a master bedroom with en-suite, a second double bedroom, family bathroom and useful utility/storage cupboard — practical for everyday living or a straightforward rental layout.
Built in 2019, the flat is finished in neutral contemporary tones and benefits from allocated off-street parking, mains broadband and an EPC rating of C72. The development is well placed for Gloucester city amenities, the Docks and quick M5 access. With an estimated rental income of £1,200 pcm, it will suit first-time buyers seeking low-maintenance riverside living or investors wanting immediate tenancy potential.
Buyers should note this is a leasehold property with approximately 245 years remaining and an annual service charge of about £1,904.52, which covers building insurance and communal maintenance. Heating is electric (room heaters), which can mean higher running costs compared with gas-fired systems. Private outdoor space is limited to the balcony; communal waterside paths and small landscaped areas provide the external amenity.
Practical positives — secure parking, modern fittings and waterfront position — combine with clear cost considerations (service charge, electric heating) that first-time purchasers should factor into budgets. The apartment provides an accessible, contemporary base in a convenient Gloucester location with genuine rental appeal.
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