Summary - VICTORIA HOUSE 1 MAYHILL WAY GLOUCESTER GL1 3NW
2 bed 1 bath Flat
Turnkey city-centre flat producing immediate rental income for buy-to-let investors..
- Two-bedroom purpose-built flat with modern kitchen and bathroom
- Open-plan living area with large windows and timber-effect flooring
- Currently tenanted — immediate rental income for investors
- Long lease remaining (approx. 977 years) reduces lease-related risk
- Service charge £1,389pa and ground rent £278pa — factor into yields
- Located central Gloucester with strong rental demand and amenities
- Broadband speeds reported slow; may affect some tenants’ preferences
- Postcode crime level very high — consider tenant screening and security
A purpose-built two-bedroom flat in central Gloucester offered as an investors-only opportunity. The apartment is attractively presented with a modern open-plan living area, contemporary kitchen, two good-sized bedrooms and a tiled bathroom — features that support reliable tenant demand and low day-to-day maintenance.
The property benefits from an excellent city-centre location close to shops, transport links, Gloucester Cathedral and local amenities, making it straightforward to let to students or professionals. The flat is currently tenanted, providing immediate rental income for a buyer seeking cash flow.
Important practical points are transparent: the property is leasehold (long lease remaining), has a notable service charge and ground rent, and sits in a higher-crime postcode. Broadband speeds in the area are reported slow, and there is no private garden. These factors affect operating costs and tenant appeal and should be considered alongside the yield potential.
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