2-bedroom bungalow · B50 4AZ
For saleListed 259 days
Opportunity summary
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About
Description A nicely proportioned, mid terrace bungalow, being situated within a most splendid courtyard setting of like retirement properties, a short stroll away from the village centre.
Offered with no upward chain and being available to those of an age of 55 years and over if fully retired or an age of 66 if semi-retired.
The accommodation comprises: Reception Hall, lounge, kitchen, two bedrooms, shower room, separate WC, delightful garden to rear and pleasant communal grounds, parking areas and borders.?
£165,000 for a 70% share (no rent to pay).
Icknield Court is within convenient reach of the village centre, which offers a wide array of local amenities including a Co-op supermarket, Budgens supermarket and a selection of independent shops, caf?s and pubs.
Families and those with educational needs will appreciate the close proximity to local primary and secondary schools, all within walking or short driving distance.
For leisure and recreation, Bidford-on-Avon is well-served with a number of riverside walks, parks and sports clubs, while the nearby towns of Alcester and Stratford-upon-Avon offer a wider choice of restaurants, theatres and cultural attractions.
Healthcare facilities including gp surgeries and dentists are also easily accessible in both Bidford and Alcester.
The property is well connected for transport links, with good road access via the A46 leading to Stratford, Evesham and the M40 for connections to Birmingham and Oxford.
Honeybourne Railway Station is just under 7 miles away, offering regular services to London Paddington and Worcester.
Birmingham Airport is approximately 30 miles away, providing further convenience for domestic and international travel.
Hallway Lounge Kitchen Bedroom One Bedroom Two Shower Room Rear Garden Communal Parking And Grounds Tenure And Service Charge We have been informed the property is Leasehold and we have been advised that a new Lease will be created upon sale and there is no rent to pay for the additional 30% share.
The current lease term is as follows: Lease start date - 24/07/2024 Lease term ? 99 years from 25 July 2024 Lease end date ? 25/07/2123 Lease tern remaining 97 years.
The service charge is currently £2,124.03 subject to change in line with the yearly budget.
Nil ground rent for upkeep of the communal areas Agents Notes Any prospective purchaser must have a brief interview with the management company to ensure that they reach the criteria for retirement living.
Floor Plans & Property Details Disclaimer These floor plans are for identification purposes only in relation to where one room is situated to another.
They are not to be relied upon in any way for dimensions, scaling or sq. Ft/metres.
We will not be held responsible for any loss incurred, due to reliance on these measurements from the floor plans or measurements from the property details.
You are advised to confirm all measurements. Money Laundering Regulations ?
Identification Checks In line The Money Laundering Regulations 2007, we are duty bound to carry out due diligence on all of our clients to confirm their identity.
In line with legal requirements, all purchasers who have an offer accepted on a property marketed by Sanders&Sanders must complete an identification check.
To carry out these checks, we work with a specialist third-party provider and a fee of £25 + VAT per purchaser is payable in advance once an offer has been agreed and before we can issue a Memorandum of Sale.
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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About 6 Icknield Court, Alcester
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