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Parliament Street, Gloucester GL1

South West

£175,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced home offers a central location within close proximity to the city centre and local services. Currently available with no onward chain, the property requires comprehensive modernisation, creating a fantastic chance for potential buyers to transform it into their ideal living space. The residence features a courtyard-style rear garden and the convenience of a driveway for off-road parking. Key areas include an entrance hall leading to a kitchen equipped with basic units and plumbing for appliances, as well as a utility room with additional storage options. The lounge benefits from natural light courtesy of two front aspect double glazed windows. Upstairs, you'll find two well-proportioned bedrooms and a bathroom that includes essential fixtures but may require updating. With its renovation potential, this property is well-suited for investors or those looking to add personal touches throughout.

Investment Analysis

(GL1 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£250
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (GL1)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -1.1%
5 year growth: +6.6%
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

Parliament Street, Gloucester GL1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£624
Based on a loan of £131,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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