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See how verdicts work2-bedroom flat · GL20 5US
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
These apartments are always popular not least for their excellent location being within easy reach of the High Street and popular Ham.
Situated on the first floor, the apartment has a large welcoming hallway and centrally positioned gives access to all the rooms.
The large lounge/dining room has patio doors leading out to the balcony which provides a view across the courtyard to the river and Ham.
A doorway from the lounge leads through to the modern kitchen which is fitted with a range of cream wall and base units with integrated electric hob, oven with extractor over, fridge and freezer, with space and plumbing for a washing machine.
There are two double bedrooms, with the master benefitting from fitted wardrobes.
In the hall there are two useful cupboards and completing the accommodation there is a bathroom fitted with a white suite consisting of a panel bath with shower over, low level wc and vanity unit with modern counter top wash basin.
The property has the advantage of upvc double glazed windows and a gas combination boiler serving the central heating system.
A real advantage of this town centre apartment is the fact that it has a single garage which has power and light, with parking in fro 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.
Additional Information: % Share of Freehold Tolsey Quay Management Ltd 999years from 1992 – Approx 970 remaining No Ground rent to pay.
Charges: £110 pcm Mar 2024/Mar 2025 Living Room 10' 5" x 16' 1" (3.17m x 4.90m) Kitchen 7' 2" x 9' 6" (2.18m x 2.90m) Bedroom 1 9' 10" x 11' 6" (3.00m x 3.51m) Bedroom 2 7' 1" x 8' 8" (2.16m x 2.64m) Bathroom 6' 3" x 8' 3" (1.91m x 2.51m) Garage
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 Priors Court, Tewkesbury, GL20
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