Summary - COSTA COFFEE, BAKERS QUAY, ST ANN WAY GL1 5BQ
1 bed 1 bath Apartment
Chain-free waterside apartment with strong rental prospects for investors.
- Chain-free one-bedroom apartment with direct canal views
- Open-plan living with integrated kitchen appliances
- Generous balcony and allocated off-street parking space
- Potential rental income circa £975 pcm
- Long lease (about 199 years remaining) and BLP warranty until 2028
- EPC B83 – energy efficient for tenant demand
- Service charge £1,306pa and ground rent £275pa
- Medium flood risk and very slow standard broadband (≈17 Mbps)
A compact, modern one-bedroom apartment in the Provender development overlooking Gloucester Docks. Offered chain-free, the property sits on the second floor and benefits from a generous balcony with direct canal views, allocated off-street parking and a contemporary open-plan living space with integrated appliances.
This unit is well suited to buy-to-let investors seeking a city-centre waterside asset. The marketing rental estimate is £975 pcm; the apartment comes with a BLP warranty valid until 2028 and an EPC rating of B83, which supports tenant demand and lets performance. The long lease (circa 199 years remaining) and clear communal management give tenure security.
Buyers should note the material running costs: an annual service charge of approximately £1,306 and ground rent of £275. Broadband download speed is limited (standard 17 Mbps reported), which may affect some tenants. There is a medium flood risk for the area — factor appropriate insurance and mitigation measures into cost projections.
Overall this is a low-maintenance, well-presented one-bedroom in a popular dockside location. It offers immediate rental potential and strong local amenities, but investors should include service charges, ground rent, flood risk and lower broadband speeds in their financial appraisal.
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