# 1 bedroom flat for sale (GL1 1HX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 16 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE GL1 1HX |
| Price | £107,500 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 43 m² |
| Last sold | £93,000 Feb 2008 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 25/09/2035
- **Est. upgrade cost to C:** £14,733

### Recommendations
- Q (£7,500 - £11,000)
- D (£150 - £250)
- E (£30 - £35)
- O (£4,500 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0300-2886-5510-2425-5531)

## Description

**IDEAL FIRST TIME BUY/INVESTMENT**Situated within a stones throw of Gloucester Quays KJT Residential are pleased to offer for sale this lovely lower ground floor flat, the property has its own entrance and benefits from a 12ft bedroom, 14ft lounge, fitted kitchen, bathroom, allocated parking space. VIEWING RECOMMENDED.

## Property Photos

- ![Photo 9](/listings/photos/58681313/1311753) - Photo 9
- ![Photo 2](/listings/photos/58681313/1311755) - Photo 2
- ![Photo 3](/listings/photos/58681313/1311757) - Photo 3
- ![Photo 4](/listings/photos/58681313/1311759) - Photo 4
- ![Photo 5](/listings/photos/58681313/1311760) - Photo 5
- ![Photo 6](/listings/photos/58681313/1311761) - Photo 6
- ![Photo 7](/listings/photos/58681313/1311763) - Photo 7
- ![Photo 1](/listings/photos/58681313/1311768) - Photo 1
- ![Photo 8](/listings/photos/58681313/1311774) - Photo 8

## EPC Graphs

- ![Energy Perform...](/listings/photos/58681313/1311779) - Energy Perform...

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £93,000 | 25/02/2008 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £58,500 | 27/02/2004 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £38,000 | 26/05/2000 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £32,000 | 18/12/1998 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £26,000 | 10/01/1997 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LN | £59,000 | 10/12/2025 | Flat |
| 15B PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LH | £70,000 | 03/06/2025 | Flat |
| FITZALAN HOUSE FLAT 28 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £140,000 | 28/04/2025 | Flat |
| FITZALAN HOUSE FLAT 10 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £142,500 | 27/11/2023 | Flat |
| FITZALAN HOUSE FLAT 14 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £150,000 | 20/11/2023 | Flat |
| 2 FLAT 3 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £185,000 | 17/11/2023 | Flat |
| FITZALAN HOUSE FLAT 26 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £125,000 | 22/09/2023 | Flat |
| 3 FLAT 16 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA | £195,000 | 15/08/2023 | Flat |
| 1 FLAT 9 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA | £210,000 | 17/01/2023 | Flat |
| HENLEY COURT, 2 FLAT 8 MONTPELLIER, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LT | £1,190,000 | 16/12/2022 | Flat |
| 42 GROUND FLOOR FLAT WELLINGTON STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1RD | £105,000 | 16/12/2022 | Flat |
| FITZALAN HOUSE FLAT 2 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £160,000 | 04/11/2022 | Flat |
| LESANNE COURT FLAT 17 PARLIAMENT STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1YF | £105,000 | 07/10/2022 | Flat |
| 52 WELLINGTON STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1RD | £88,500 | 01/08/2022 | Flat |
| LESANNE COURT FLAT 9 PARLIAMENT STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1YF | £94,000 | 15/07/2022 | Flat |
| 2 FLAT 9 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £130,000 | 09/06/2022 | Flat |
| 2 FLAT 8 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £136,000 | 07/06/2022 | Flat |
| 2 FLAT 10 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £125,000 | 04/03/2022 | Flat |
| FITZALAN HOUSE FLAT 22 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £115,000 | 23/02/2022 | Flat |
| 3 FLAT 10 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA | £185,000 | 30/11/2021 | Flat |

**Area average:** £185,500 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £138,573 (55 Flat, GL1, 2024–2026)
- **Deviation:** -22.4%

## Rental Range

*ONS Price Index of Private Rents (Gloucester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £995/mo
- **Realistic:** £1,105/mo
- **Optimistic:** £1,216/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Worcester South (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £567/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Union St, GL1 | £900/mo | 1 | 0.57 miles | OpenRent |

**Average rent: £900/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.84% (okay)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 10%
- **Cost-to-rent:** 10×
- **Monthly cashflow:** £362/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,500/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 13%
- **10y growth:** 16.6%

## House Price Index (HM Land Registry)

*Official index for Gloucester; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -0.3%
- **5y growth (index):** 7.2%
- **10y growth (index):** 32.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)