Summary - Ground Floor Flat, 26 Robinson Road GL1 5BZ
2 bed 2 bath Flat
Two one-bed flats with garage and parking — refurbishment opportunity for investors..
Ground-floor flat currently let at £625 pcm
Top-floor flat vacant and requires updating before let
Approximate gross yield c.7.5% at asking price
Freehold ownership includes garage and gated off-street parking
EPC: Ground-floor D; Top-floor F — energy improvements likely needed
Heating: electric storage heaters; walls assumed uninsulated
Area: close to Gloucester Quays but very deprived with above-average crime
Council tax band A; low local tax liability
An unusual freehold investment: two self-contained one-bedroom flats in a semi-detached building near Gloucester Quays. The property already produces income from the ground-floor flat, while the vacant upper flat offers immediate refurbishment potential to increase rent or capital value.
Practical features include gated off-street parking, a single garage and a low-maintenance rear garden — useful for tenant amenity and easy management. Heating is by electric storage heaters and the building has double glazing installed post-2002; walls are cavity but assumed uninsulated, so energy improvements could reduce running costs and raise EPC ratings.
Current income sits at £625pcm from the ground-floor flat; the vacant top flat could achieve a similar rent once updated, giving an approximate gross yield of 7.5% at the asking price. Note the EPC ratings: Ground-floor flat D, top-floor flat F, and the area shows high deprivation and above-average crime — factors to weigh for rental profiling and insurance costs.
This is a hands-on buy for an investor prepared to refurbish the empty flat and make modest energy upgrades. With quick works and re-let, the asset can deliver steady rental return in a city location close to leisure and retail at Gloucester Quays.
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