# 2 bedroom apartment for sale (GL1 4DP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 71 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE GL1 4DP |
| Price | £100,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £126,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 29/09/2035
- **Current heating cost:** £568/year
- **Est. upgrade cost to C:** £2,850

### Recommendations
- L2 (£1,200 - £2,400)
- Y (£600 - £1,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7108-3055-8201-7055-1204)

## Description

A centrally located two bedroom first floor flat offered to the market with no onward chain.

Situated in Central Gloucester which offers access to a variety of shops and also GL1 Leisure Centre. The Quays Outlet Village is less than 2 miles away, here you'll find several restaurants, bars and shops.

On entrance to the building you are met by the communal hallway and stairs leading to the apartment. The apartment itself compromises of a separate kitchen, living room, bathroom, one double bedroom and one single bedroom.

The current owner has advised the following;

Length of Lease - 999 years from 2000

Service Charge - £1200 per annum

Ground Rent - £150 per annum

As this is a leasehold property you are likely to be responsible for management charges and ground rent. You may also incur fees for items such as leasehold packs and in addition you will also need to check the remaining length of the lease. You must therefore consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase. The owner has advised up the property is sold with a parking space, but we are waiting for confirmation of this.

## Property Photos

- ![Picture No. 07](/listings/photos/74997418/810172) - Picture No. 07
- ![Picture 3](/listings/photos/74997418/810173) - Picture 3
- ![Picture 4](/listings/photos/74997418/810174) - Picture 4
- ![Picture 5](/listings/photos/74997418/810175) - Picture 5
- ![Picture 6](/listings/photos/74997418/810176) - Picture 6
- ![Picture 7](/listings/photos/74997418/810177) - Picture 7

## Floorplans

- ![Picture 2](/listings/photos/74997418/810178) - Picture 2

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 71 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £126,000 | 05/03/2026 | Flat |
| 71 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £97,500 | 14/11/2019 | 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 |
|---------|-------|------|------|
| [Same street] 49 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £187,500 | 30/11/2023 | Terraced |
| [Same street] 35 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £185,000 | 16/12/2022 | Terraced |
| [Same street] 47 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £210,000 | 30/09/2022 | Terraced |
| [Same street] 30 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £235,000 | 12/09/2022 | Terraced |
| [Same street] 24 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £195,000 | 26/08/2022 | Semi-detached |
| 31 OVERBURY ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 4EA | £92,000 | 08/07/2022 | Flat |
| [Same street] 25 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £170,000 | 30/06/2022 | Terraced |
| [Same street] 53 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £162,000 | 29/06/2022 | Terraced |
| [Same street] 21 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £110,000 | 22/04/2022 | Flat |
| [Same street] 11 BISHOPS CASTLE WAY, GLOUCESTER, GLOUCESTERSHIRE, GL1 4DP | £96,500 | 23/07/2021 | Flat |

**Street average:** £172,333 (9 sales)
**Area average:** £92,000 (1 sale)

## Price vs local average

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

- **Local average:** £138,573 (55 Flat, GL1, 2024–2026)
- **Deviation:** -27.8%

## 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

## 1% Rule

- **Rent ratio:** 1.11% (strong)
- **Max investor price (0.8%):** £138,125
- **Target investor price (1%):** £110,500

*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 Area rent estimate.*

## Price per Square Metre

- **£/m²:** £2,000/m²

## Capital growth trend

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

- **5y growth:** 11.8%
- **10y growth:** 16.2%

## 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)