Summary - GLOUCESTER SPORTS CLUB, SPA ROAD GL1 1UY
2 bed 1 bath Apartment
Period two-bedroom flat near Gloucester Quays with secure parking and rental potential..
- Grade II listed Georgian first-floor apartment with character features
- Two double bedrooms and open-plan lounge/diner, 625 sq ft
- Allocated off-street parking behind secure electric gates
- Potential rental income around £1,000 pcm (investment appeal)
- Leasehold: 92 years remaining; service charge about £2,400 pa
- Ground rent £200 pa; council tax described as cheap
- Medium flood risk; check insurance and mitigation costs
- High local crime and very deprived area may affect demand
A rare first-floor apartment within a Grade II listed Georgian terrace, this two-bedroom property sits a short walk from Gloucester Quays and its shops, restaurants and leisure. The open-plan lounge/diner, period features and allocated parking behind secure electric gates give it strong tenant appeal and practical convenience.
For investors the numbers are straightforward: at an asking price of £160,000 and potential rental income around £1,000 pcm, the apartment offers immediate lettable space (two double bedrooms, one bathroom) in a city-centre location. The 625 sq ft layout and character features help it stand out in the rental market, while excellent mobile signal and reasonable broadband support modern tenant needs.
There are material considerations to weigh. The building’s Grade II listed status restricts alterations and may increase maintenance costs; the flat is leasehold with 92 years remaining and an annual service charge of about £2,400 plus £200 ground rent. The area shows high crime levels, very high deprivation and medium flood risk, which could affect tenant profiles and insurance costs. Buyers should arrange full checks on listing constraints, flood cover and service-charge history before committing.
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