We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · GL20 5RR
For saleReduced £10k (−4.2%) on 21 JunListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With possibly the number 1 position within the development, this stunning bungalow really does feel and look like any bungalow you would find in any road or street, the fact that it is located within a development for the over 55s with views to the Abbey and across playing fields to the Cotswold escarpment behind is a true bonus!
Impeccably presented and updated to reflect today’s discerning home buyers, this really will be a home in which you can relax and enjoy.
An entrance porch with useful store cupboard leads into the central hall creating a feeling of space. The lounge/dining room has a picture window and glazed door taking full advantage of the views.
From the dining area there are double doors into the modern kitchen which is fitted with a range of wall and base units with integrated oven, electric hob, dishwasher, fridge and freezer, with space for a small breakfast table and a window looking out to the front.
There are two double bedrooms one with a range of fitted wardrobes, and a modern shower room with quadrant shower, vanity unit with wash basin and a low level wc.
Outside there is a private patio area – the perfect spot for al fresco dining and to fully appreciate the views and gardens.
In addition to the excellent accommodation available within the fully independent and self-contained bungalow, there are facilities available within the main house including: Communal lounge; laundry room fully equipped with extensive washing and drying facilities; mature, managed communal gardens and a subsidised guest suite available for occasional hire.
A resident warden is normally on site during normal weekday hours.
• Managed by rlha on behalf of Elm Group • Leasehold Term remaining 63 years (term to be confirmed) • Retired over 55s only • Annual Service & Ground Rent Charge £178 pcm (to be confirmed by solicitors) includes building insurance; maintenance; subsided guest suite and communal areas; onsite daytime manager (currently this is a vacant position); laundry; window cleaning.
• Modern Electric heating • Double glazed windows Tewkesbury is a popular Tudor Abbey town with a wealth of leisure, health, and education facilities including hospital, theatre, swimming pool and sports centre all within easy walking distance of the property.
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/Dining Room 15' 1" x 12' 0" (4.60m x 3.66m) Kitchen 8' 6" x 7' 0" (2.59m x 2.13m) Shower Room 6' 5" x 6' 4" (1.96m x 1.93m) Bedroom 1 9' 5" x 10' 4" (2.87m x 3.15m) Bedroom 2 8' 2" x 11' 4" (2.49m x 3.45m)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 16, Shephard Mead, Tewkesbury
Explore nearby