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See how verdicts work2-bedroom house · GL20 5BL
For saleReduced £15k (−10%) on 21 JunListed 599 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a rare opportunity to own a 2 bedroom apartment within this popular residential development, designed for the active over 60s.
The apartment has been loved and owned for several years and benefits from a spacious lounge/dining room with picture window overlooking the front.
The kitchen is fitted with a range of wall and base units and links to the lounge/dining room with an attractive archway.
There are two bedrooms with the main bedroom has the benefit of fitted wardrobes. The shower room comprises of a walk in shower cubicle, vanity unit with inset sink unit and low level wc.
The apartment has the benefit of Economy 7 Electric storage heating and upvc double glazed windows.
Home Abbey has an elegant resident’s lounge; a laundry with modern appliances and daytime manager present to help with any concerns.
Outside there are beautifully kept communal gardens with benches offering the opportunity to soak up the views across the river and perhaps feed the ducks.
There is also a rotary line drying area and bin store and the whole rear grounds are fully secure.
Specifically designed by quality Retirement Home Developer, McCarthy & Stone, and managed by First Port, Home Abbey has a range of apartment styles over three floors all serviced by a lift and 24 hour careline response system.
Located on the High Street the wealth of excellent shops and facilities are on your doorstep.
Ownership of a Home Abbey apartment is subject to annual maintenance and ground rent charges which include: 24 Care Line Building Insurance Water (drainage is charged separately currently £41.00 per annum) On site manager from 9-3pm during weekdays External maintenance, grounds maintenance and window cleaning; internal communal cleaning Attractively maintained gardens with views over the River Communal Lounge with Kitchen area Communal Patio with garden furniture Subsidised Guest Suite Laundry with Miele washing machines and tumble driers External rotary clothes lines Bin Store Lift Living Room 18' 4" x 10' 6" (5.59m x 3.20m) Kitchen 7' 5" x 5' 4" (2.26m x 1.63m) Bedroom 1 12' 0" x 8' 8" (3.66m x 2.64m) Bedroom 2 9' 1" x 6' 10" (2.77m x 2.08m) Shower Room 6' 9" x 5' 5" (2.06m x 1.65m)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 18 Home Abbey House, High Street, Tewkesbury
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