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St Michaels Square, City Centre, Gloucester, GL1 - Image 1
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St Michaels Square, City Centre, Gloucester, GL1

South West

£270,000
Listed on 01/04/2026

Property Details

Bedrooms
5
Type
End Of Terrace House
Area
1786 sqft

Description

This period townhouse, spanning three storeys and featuring five bedrooms, is positioned within the bustling City Centre, making it an appealing prospect for those looking to invest in a renovation project. The property presents a good canvas for modernisation, with ample space that can be transformed into a desirable residence or rental opportunity. The layout includes an entrance hall leading to a lounge, dining area, kitchen with lean-to, and a WC on the ground floor. The first floor houses three double bedrooms and a shower room, while the top floor features two additional double bedrooms and a bathroom. An enclosed courtyard garden at the rear adds outdoor potential for enhancement. Currently in need of comprehensive renovation throughout, this property holds significant capacity for value addition, particularly beneficial for investors or homebuyers willing to undertake refurbishments. Located steps away from the historic Gloucester Docks and local amenities enhances its investment appeal. Notably, it benefits from gas central heating and has scope for HMO conversion (subject to licensing) which could yield £500-£600 per month per room when rented out. Viewing is encouraged to fully appreciate the opportunities this property provides.

Investment Analysis

(GL1 area)

Below Market Value

This property is priced -36.4% below area average per sq ft

-36.4%
Potential saving
This Property
£151/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£239
Avg Yield
6.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£467,280
10% above area average per sq ft
Potential ROI
+29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GL1)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -0.1%
5 year growth: +8.8%
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

St Michaels Square, City Centre, Gloucester, GL1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£956
Based on a loan of £202,500 over 30 years at 3.91% 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.

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