3-bedroom house · GL20 5TP
Listing removedListed 223 days
Opportunity summary
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About
This traditionally built mid terrace home offers a great opportunity. In need of some updating it could be a lovely spacious home.
On the ground floor there is a dual aspect lounge/dining room with fireplace housing a gas fire.
The kitchen at the rear of the property is beautifully light and has a door out to the garden and space and plumbing for washing machine and cooker. It also benefits from a useful pantry.
On the first floor there are three bedrooms. Two good sized double bedrooms and a single. Also on the first floor is a bathroom and separate wc which could readily be opened into one.
The property has the benefit of upvc double glazed windows and gas central heating. Outside the rear garden has the benefit of gated access to the front.
It is laid predominantly to a raised lawn with a patio area. At the front the garden is laid to lawn.
There is roadside unlimited and unallocated parking for residents and excellent public transport links within easy reach of the property.
Priors Park has the benefit of a range of local convenience shops and primary school and being located within this popular residential area it benefits from being within walking distance of the town centre of Tewkesbury and its wealth of leisure, health, and education facilities including hospital, theatre, swimming pool and sports centres.
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.
Lounge 21' 7" x 10' 4" (6.58m x 3.15m) Kitchen 14' 4" x 8' 7" (4.37m x 2.62m) Bedroom 1 14' 3" x 11' 6" (4.34m x 3.51m) Bedroom 2 14' 3" x 9' 9" (4.34m x 2.97m) Bedroom 3 8' 6" x 8' 2" (2.59m x 2.49m) Bathroom 5' 6" x 5' 0" (1.68m x 1.52m) WC 5' 6" x 2' 10" (1.68m x 0.86m)
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
Agent & docs
FAQ
About 37, Despenser Road, Tewkesbury
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