# 2 bedroom apartment for rent (GL1 3LE)

## Property Details

| Key | Value |
|-----|-------|
| Address | Harescombe Drive, Gloucester, GL1, GL1 3LE |
| Price | £550 pcm |
| Bedrooms | 2 |
| Last sold | £130,000 |

## Description

We are pleased to offer this well presented "Redrow" built Two Bedroom Apartment situated by the Hospital. This property comprises of Open Plan Kitchen / Living Room ( All White Goods Included ) Two Bedrooms with En-Suite to Master, Family Bathroom and storage cupboards. This Property Also benefits from Electric Heating, Double Glazing and Garage.

## Property Photos

- ![Living Room](/listings/photos/24162664/1327982) - Living Room

## 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:** 2290.9%
- **Monthly cashflow:** £918/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6905.3%

*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)