1-bedroom flat · GL20 5UN
Listing removedListed 149 days
Opportunity summary
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About
This is a beautifully presented, modern, contemporary styled, ground floor apartment which has been built and finished to a high standard.
The apartment has an ultra modern finger print entry security door system which welcomes you into the hallway – no danger of losing your keys!
To the left there is an open plan contemporary living space which is cleverly designed with a lounge area with a delightful balcony linking it to the dining area; the dining area has the additional benefit of a patio door out to the small courtyard creating the perfect outdoor space.
The modern kitchen links the two areas and is really well appointed with a range of wall and base units with an integrated electric oven, electric hob, extractor, dishwasher, fridge, freezer and washing machine.
To the right of the hall there is a double bedroom and modern bathroom.
The bathroom is fitted with a white suite comprising of a panel bath with shower over, vanity unit with inset wash basin and low level wc.
Located within easy reach of the town centre, in sight of the Abbey and yet quietly positioned on the banks of the River Avon overlooking the Ham towards the Malverns, this apartment really does offer the best of both worlds.
Tewkesbury is a popular Tudor town with a wealth of leisure, health, education and shopping facilities including hospital, theatre, swimming pool and sports centre.
Centrally situated between Cheltenham, Worcester and Gloucester it is an excellent commuter base, with Birmingham and other major cities easily accessible via the motorway and rail networks within 2 miles of the property.
Modern Electric Heating Leasehold 999 Year lease from 2018 % Share of Freehold Tannery Court Management Ltd Maintenance Fee of £900 per annum covers: Building insurance; external maintenance; communal area cleaning and maintenance; external window cleaning.
Lounge Area 12' 9" x 9' 3" (3.89m x 2.82m) Dining Area 12' 9" x 7' 9" (3.89m x 2.36m) Kitchen 8' 10" x 8' 4" (2.69m x 2.54m) Bedroom 11' 1" x 8' 7" (3.38m x 2.62m) Bathroom 5' 10" x 5' 5" (1.78m x 1.65m)
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
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FAQ
About 3, Tannery Court, St Marys Lane, Tewkesbury
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