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Park Road, Gloucester

South West

£375,000
Listed on 09/05/2025

Property Details

Bedrooms
7
Type
Semi-detached house

Description

This distinctive property presents a compelling investment opportunity with significant renovation potential. Comprising seven self-contained one-bedroom apartments, the building offers versatility and a range of possibilities for investors or developers looking to enhance rental income. Located near Gloucester Park, the property not only benefits from scenic views but also enjoys proximity to local amenities and transport links, making it appealing to potential tenants. The large basement, which includes garage space at the rear, adds additional value and functionality, opening up further avenues for development. While the property is currently in need of refurbishment—reflected in its EPC ratings that range from G to D—there is notable potential for improvement. Flat 1b remains unfinished, providing an opportunity to unlock additional living space and potentially increase its market value. With vacant possession available and no onward chain, this property offers a blank canvas for those looking to invest in a promising location with room for substantial growth.

Investment Analysis

(GL1 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£286
Avg Yield
7.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL1)

Area prices are falling by +6.9% over the last 12 months
3 year growth: -4.6%
5 year growth: 9.9%
Investment Disclaimer: Analysis based on GL1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Park Road, Gloucester
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE