# 2 bedroom apartment for rent (GL1 3LE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 14, ST JAMES HOUSE, HARESCOMBE DRIVE, GLOUCESTER, GLOUCESTERSHIRE GL1 3LE |
| Price | £650 pcm |
| Bedrooms | 2 |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 58 m² |
| Last sold | £124,000 Jun 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 15/08/2031
- **Current heating cost:** £176/year
- **Est. upgrade cost to C:** £2,155

### Recommendations
- L2 (£1,200 - £1,800)
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0310-2046-1080-2999-7865)

## Description

A super second floor two bedroom apartment. This well cared for apartment has recently been decorated and is presented good order throughout, the apartment benefits from electric heating, modern fitted kitchen with white goods and also offers one allocated parking space and really should be seen to be appreciated. The property is in a convenient location offering good access to both Gloucester and Cheltenham and for access to the M5 motorway network

## Property Photos

- ![Photo](/listings/photos/70847927/1327968)
- ![Photo](/listings/photos/70847927/1327970)
- ![Photo](/listings/photos/70847927/1327972)
- ![Photo](/listings/photos/70847927/1327974)
- ![Photo](/listings/photos/70847927/1327976)
- ![Photo](/listings/photos/70847927/1327978)
- ![Photo](/listings/photos/70847927/1327979)
- ![Photo](/listings/photos/70847927/1327980)

## 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):** £698/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 |
|------|------|------|------|------|
| 2 Bed End Terrace, Hamer St, GL1 | £1,050/mo | 2 | 0.16 miles | OpenRent |

**Average rent: £1,050/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,050/mo).*

- **Gross yield:** 1938.5%
- **Monthly cashflow:** £917/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5840.5%

*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).*

## Price per Square Metre

- **£/m²:** £11/m²

## 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)