2-bedroom bungalow · GL20 5RR
For saleReduced £10k (−5.4%) on 2 SepListed 540 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tag Sales & Lettings are pleased to offer an exceptional opportunity to buy a self-contained bungalow.
Located within the secure Shephard Mead complex, the property offers convenient amenities such as an onsite laundry, guest facilities, communal living room, part-time management staff, and alarm service.
The communal gardens provide a picturesque view of the Vineyards and Tewkesbury Abbey. Residents can enjoy various social activities including coffee mornings, whist and keep fit sessions.
The property features an entrance porch with storage and an airing cupboard, a living room with door leading to the kitchen, two double bedrooms, and a shower room equipped with a shower seat and built-in storage.
Additionally, the bungalow includes unallocated off-road parking, UPVC double glazing, and night storage heating.
** no onward chain ** agents note: Management charges approximately £2234.84 pa (including ground rent) Lease Length 63 Years Remaining Living Room (4.75m x 3.15m (15'07 x 10'04)) Kitchen (2.13m x 2.57m (7'00 x 8'05)) Bedroom 1 (3.38m x 2.69m (11'01 x 8'10)) Bedroom 2 (2.92m x 2.84m (9'07 x 9'04)) Shower Room (1.96m x 1.88m (6'05 x 6'02))
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.
Area
Agent & docs
FAQ
About 33, Shephard Mead, Tewkesbury
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