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£130,000
Guide Price

2 bed flat for sale Mayhill Way, GRH (Gloucestershire Royal Hospital), Gloucester, GL1

2 beds 1 bath Flat
Leasehold

Added on 16/09/2026

About this property

A perfect investment opportunity with tenants in situ for a landlord, or with the option to purchase as vacant possession, a great purchase for first-time buyers wanting to join the property ladder!! Perfect for a first-time buyer or investor, this lovely two-bedroom apartment located in the popular area of Pillowell Drive, benefits from a quiet third-floor location (with lift access), away from the hustle and bustle as well as being a short walking distance from Gloucester Royal Hospital & Gloucester Quays and City Centre; whilst also benefiting from the proximity of easy access to railway lines and bus routes. This beautifully presented apartment boasts an open-plan kitchen and living space.

Key features

  • CHAIN FREE SALE
  • 2 Bedroom Top Floor Apartment
  • Open Plan Living and Kitcehn
  • Great First Time Purchase
  • Allocated Parking Space
  • Option To Purchase As Vacant Possession
  • Brilliant Investment Opportunity
  • Gas Central Heating Throughout
  • Perfect for Gloucester Royal Hospital Workers
  • Third Floor with Lift Access

Floorplan

Price guide

This home
£205 / sq ft
Area average (sold)
£240 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£205 per sq ft, below the middle of recent sales in GL1 (£167–£310, 10th–90th percentile, 867 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 867 homes sold in GL1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in GL1 →

Location

Mayhill Way, GRH (Gloucestershire Royal Hospital), Gloucester, GL1, GL1 3NW

Council tax
Band B (Approx £1,832/year)

Mortgage and stamp duty

Property price £130,000
£65k £195k
Deposit10% £13,000
£0 £130k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £117,000 mortgage. Most lenders would want a household income of about £26,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in GL1 3NW. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
49, Victoria House, Mayhill Way Flat / maisonetteJan 2026635 sq ft £198/sq ft£125,500
15, Victoria House, Mayhill Way Flat / maisonetteDec 2025646 sq ft £237/sq ft£153,000
67, Regent House, Mayhill Way Flat / maisonetteNov 2025646 sq ft £212/sq ft£137,000
7, Victoria House, Mayhill Way Flat / maisonetteNov 2025732 sq ft £191/sq ft£140,000
32, Victoria House, Mayhill Way Flat / maisonetteSept 2025581 sq ft £206/sq ft£120,000
46, Victoria House, Mayhill Way Flat / maisonetteApr 2025818 sq ft £179/sq ft£146,500
22, Victoria House, Mayhill Way Flat / maisonetteMar 2025926 sq ft £162/sq ft£150,000
23, Victoria House, Mayhill Way Flat / maisonetteDec 2024603 sq ft £207/sq ft£125,000

All sales on Mayhill Way → All sold prices in Gloucester →

Area insights

The neighbourhood around this property.

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