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See how verdicts work3-bedroom flat · GL20 5SB
Under offerListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish, characterful and spacious this apartment is situated within one of Tewkesbury’s most iconic buildings and retains many of the original mill features.
Converted in 2005 into just 6 spacious apartments with the Freehold owned and managed by the residents.
Internally the apartment boasts a large, airy open plan living space benefitting lovely views from its dual aspect windows, across the Ham and the River Avon to the Malvern Hills in the distance.
Off the lounge is the kitchen which is fitted with a range of modern contemporary white wall and base units with integrated electric hob with extractor over, double oven, dishwasher and washing machine, again with spectacular views.
Off the hallway to the right are 3 double bedrooms with the advantage of characterful timber beam walls.
The main bedroom has the benefit of a fitted wardrobe and ensuite bathroom with shower over the bath.
The main bathroom also has a contemporary white suite with shower over the bath, low level wc and pedestal wash basin.
The apartment has an audio entry system and is approached via a modern stylish stairwell with glazed paneling and movement sensor lighting.
Located at the head of one of Tewkesbury’s most attractive roads, Mill Street is adjacent to Victoria Gardens, and opposite Tewkesbury Abbey.
Tewkesbury is a historic Tudor town with a wealth of leisure, health, and education facilities including medical centres, The Roses theatre, swimming pool and sports centre all within easy reach of Abbey Mill.
Centrally situated between Cheltenham, Worcester, Gloucester and Evesham it is an excellent commuting base, with Birmingham and other major cities made easy with the motorway and rail networks readily accessible.
Tewkesbury itself is located on J9 of M5 making it a perfect central commuting base.
The apartment is a leasehold property with a % Share of Freehold 999 year lease which commenced in 2005 Each apartment contributes £250 per month towards the building insurance, fire alarm, minor maintenance, and communal areas heating, lighting and upkeep Open Plan Living Room 27' 0" x 20' 10" (8.23m x 6.35m) Kitchen 9' 8" x 9' 5" (2.95m x 2.87m) Bedroom 1 17' 0" x 9' 2" (5.18m x 2.79m) Ensuite 7' 2" x 5' 5" (2.18m x 1.65m) Bedroom 2 10' 2" x 9' 9" (3.10m x 2.97m) Bedroom 3 9' 10" x 8' 1" (3.00m x 2.46m) Bathroom 7' 2" x 5' 5" (2.18m x 1.65m)
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.
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FAQ
About Abbey Mill, Mill Street, Tewkesbury
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