Commercial Road, City Centre, Gloucester, GL1
BE

Commercial Road, City Centre, Gloucester, GL1

By Belvoir Gloucester

£ 90,000

Reviews

2 out of 5 stars

Belvoir Gloucester says ..

NO ONWARD CHAIN! Well-Presented First-Floor Apartment. Open-Plan Living/Kitchen Area. Modern Shower Room. Double Bedroom. Electric Heating. Un-allocated Gated Parking. City Centre Location. Ideal Investment Property 

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat situated in the city center of Gloucester, a location that benefits from proximity to Gloucester’s Historic Docks and Quays. The presence of several schools within a reasonable distance, including St Paul’s Church of England Primary School (rated ‘Good’ by Ofsted) and Kingsholm Church of England Primary School (rated ‘Outstanding’), adds to the locational appeal, particularly for families. The proximity to Gloucester railway station (1.12km) also enhances the property’s accessibility. However, the provided square footage is missing, hindering a complete assessment of the property’s size relative to the list price. Based on the images, the property appears to be in reasonable condition, though some minor cosmetic work might be needed. The walls show some minor imperfections, and while the fixtures and fittings seem functional, a more thorough inspection would be necessary to fully assess the property’s condition. The lack of a garden is a notable feature, reducing the overall appeal for buyers who prioritize outdoor space. Considering the list price of £90,000, the average price of similar properties in the area (£258,798), and the average price per square foot (£296), the property seems significantly underpriced. However, this conclusion is tentative due to the absence of the property’s square footage. The nearby listings show a range of prices, with some comparable properties listed at similar or slightly higher prices, despite lacking information on their square footage. Therefore, a definitive assessment of the property’s value requires more detailed information. The relatively small plot size of 344 sqft further supports the assessment that the property is underpriced.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
6
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Lot (est)
344.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
222,854.00 £
Decreased by 15.77 %
from 264,570.00 £
Average area rental value
1,201.00 £/mo
Increased by 7.91 %
from 1,113.00 £/mo
Est rental Yield
6.47 %
Increased by 28.12 %
from 5.05 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Belvoir Gloucester marked this listing as sold.

  • Belvoir Gloucester created the listing.

Nearby Schools

NameTypeOfstedDistance
The King'S School, GloucesterOther Independent School0.64 KM
St Paul'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.76 KM
Kingsholm Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding1.21 KM
Kaleidoscope Kingsholm Children'S CentreChildren's Centre1.31 KM
Al-Ashraf Secondary School For GirlsOther Independent SchoolGood1.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Marylone £ 000.00 KM
Barbican Road £ 000.00 KM
Greyfriars £ 000.00 KM
Henley Court £ 000.00 KM
Somerset Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gloucester4760GCR1.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Commercial Road, Gloucester, Gloucestershire, GL1 £ 110,000BUY5 / 100.00 KM
Commercial Road, City Centre, Gloucester, GL1 £ 90,000BUY5 / 100.00 KM
The Black Swan, Commercial Road, Gloucester, Gloucestershire, GL1 £ 85,000BUY5 / 100.00 KM
Commercial Road, Gloucester, Gloucestershire, GL1 £ 100,000BUY6 / 100.01 KM
Commercial Road, The Black Swan, GL1 £ 100,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
43 Friars Orchard £ 183,0000.21 KM
11 Friars Orchard £ 163,0000.21 KM
3 Parliament Street £ 99,0000.22 KM
45 Parliament Street £ 195,0000.22 KM
37 Parliament Street £ 112,0000.22 KM