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See how verdicts work3-bedroom flat · GL20 5SJ
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the heart of the town centre with far reaching views over the Ham to the Malverns in the distance and across town to the Abbey from its balcony, it really does enjoy its position in the town.
It is a second floor apartment and benefits from sharing the freehold with the other 5 owners of the apartments and managing the whole with them.
Internally the apartment offers a large triple aspect lounge/dining room with an attractive electric fire and surround. Adjacent is the kitchen which is fitted with a range of wall and base units.
There is a door out to the balcony which provides to perfect space to enjoy some outside private space whilst soaking up the roof top views across to the Abbey.
There are three bedrooms and a separate wc and bathroom. There are communal lawns around the building and at the rear there is allocated parking for one vehicle.
The apartment has electric heating and upvc double glazing.
Located within St Mary’s Lane providing easy walking distance of the town’s wealth of excellent culture, shops, eateries, leisure, sports, health facilities, Abbey and excellent local public transport links.
Tewkesbury itself is conveniently located within 2 miles of the motorway and rail networks and the newly opened Designer Outlet Centre.
Owners of Avon Court apartments each hold one-sixth of the Freehold and become members of the Avon Court Management Tewkesbury Ltd Annual maintenance is £600 per annum and covers building insurance, communal internal and external decoration, cleaning and maintenance.
The apartment is Leasehold 999 years from 2007 with 980 years remaining. Ground Rent is not payable.
Living Room 17' 8" x 13' 8" (5.38m x 4.17m) Kitchen 9' 10" x 6' 10" (3.00m x 2.08m) Bedroom 1 12' 5" x 8' 11" (3.78m x 2.72m) Bedroom 2 12' 0" x 9' 11" (3.66m x 3.02m) Bedroom 3 11' 1" x 5' 11" (3.38m x 1.80m) WC 5' 9" x 2' 8" (1.75m x 0.81m) Bathroom 5' 9" x 5' 3" (1.75m x 1.60m)
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.
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FAQ
About 2 Avon Court, St Marys Lane, Tewkesbury
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