# 1 bedroom flat for rent (GL1 1HX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 15 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTER, GLOUCESTERSHIRE GL1 1HX |
| Price | £675 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £82,000 Mar 2008 |

## Description

Martin & Co are pleased to offer 'To Let' this unique, 1 bedroom apartment available with immediate occupation. Located within close proximity to Gloucester City Centre and Gloucester Quays, the property is perfectly appointed.

The property has benefitted from recent redecoration throughout and briefly comprises; Entrance in to lounge, kitchen, bedroom and bathroom with shower over the bath. 

Available November 

Holding deposit - one weeks rent.  If satisfactory references are not obtained or you withdraw your application any financial loss to Martin & Co or the Landlord will be deducted from your holding deposit. If you or your guarantor provides information that is inaccurate, false, incomplete or adverse credit not being disclosed then we may retain your holding deposit and reject your application.

## Property Photos

- ![Photo](/listings/photos/141462203/1311742)
- ![Photo](/listings/photos/141462203/1311743)
- ![Photo](/listings/photos/141462203/1311745)
- ![Photo](/listings/photos/141462203/1311747)
- ![Photo](/listings/photos/141462203/1311749)
- ![Photo](/listings/photos/141462203/1311751)

## Floorplans

- ![Floorplan 1](/listings/photos/141462203/1311754) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/141462203/1311758) - EPC 1

## 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 | 0.58 miles | OpenRent |

**Average rent: £900/mo (1 listing)**

## Rent-driven metrics

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

- **Gross yield:** 1600%
- **Monthly cashflow:** £782/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4796%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)