1-bedroom flat · GL20 5AE
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This historic house dates back to 1853 and stands proudly in Tolsey Lane which benefits from pedestrian access from the High Street and vehicle access via Back of Avon.
It was converted into apartments in 2017 and offers a great opportunity for first time buyers, investors and downsizers alike.
Approached via the communal hallway and staircase which has been recently redecorated, this second floor apartment offers light and spacious accommodation which briefly comprises of an open plan living room/kitchen; bedroom and shower room.
The kitchen area is modern and benefits from a range of wall and base units together with an integrated electric oven and hob.
The large double bedroom is light and airy and the modern shower room has white suite comprising of a shower cubicle, low level wc and vantity unit with inset wash basin.
Adjacent to the front door of the apartment is a useful walk in utility cupboard housing the combination gas boiler and benefits from plumbing and space for a washing machine.
The apartment has the advantage of gas central heating and secondary double glazing.
Outside of the building there is off road parking available on a first come first served basis; a bin store and vehicle access from Back of Avon.
Located in the heart of the town centre and within easy walking distance of the High Street and country walks, it is an ideal location to access the wealth of education, health, sporting and cultural facilities Tewkesbury has to offer and with easy access to the motorway and rail networks it is an excellent commuter base.
Open Plan Living Room/Kitchen 15' 9" x 11' 10" (4.80m x 3.61m) Bedroom 14' 6" x 12' 0" (4.42m x 3.66m)
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Tolsey House, Tolsey Lane, Tewkesbury
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