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See how verdicts work2-bedroom flat · GL8 8FU
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor, two-bedroom apartment finished to an immaculate standard in the heart of Tetbury.
The Old Mill sits prominently in Tetbury town centre, just a short stroll away from the collection of cafes, boutiques and independent shops that line Church Street, Long Street and the Market Place.
The building was converted in recent years into a development of six apartments, all finished to a high specification with modern necessities such as en-suite bathrooms and contemporary kitchens with integrated appliances.
The building also benefits a lift to access all floors.
This particular apartment is situated on the ground floor of the building and the front door opens into a useful lobby ahead of flowing into the open-plan living room.
The living room is a generous open plan space with a wooden floor that runs throughout and the room comprises both the kitchen and living area.
The kitchen boasts a range of fitted units with integrated appliances that include an oven, hob and extractor fan, a dishwasher, fridge freezer and washing machine.
An inner lobby adjacent to the living room provides doors to the two double bedrooms, both of which are accompanied by stylish en-suites and the master has a walk-in wardrobe.
We understand the property is connected to mains services including electricity, water and drainage. The property is leasehold on a 250-year lease, the ownership will include a share of the freehold.
There is a service charge of £75.58pcm. We are informed that there is no restriction on using the apartments for use as a holiday let. EPC – C(80).
Please note: In accordance with Anti-Money Laundering regulations, all purchasers are required to undergo identity verification checks once an offer has been accepted.
A non-refundable fee of £12 per transaction applies for these aml checks and covers all purchasers.
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
Agent & docs
FAQ
About 12,Flat 2, Chipping Street, Tetbury
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