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See how verdicts work3-bedroom flat · GL20 5SJ
Listing removedListed 211 days
Opportunity summary
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About
A fabulous location for this spacious ground floor apartment located in the heart of the medieval town centre with a view across to the Tewkesbury Ham with the Malvern Hills in the distance and with the advantage of private parking.
This light-filled 70s building has the advantage of being owned and managed by the owners which is evident as you enter the welcoming communal entrance hall.
Being one of only 2 ground floor apartments it enjoys the benefit of outside space with a side entrance and small private courtyard containing great storage.
Attractive vintage reeded glass blocks border the entrance into the apartment’s hallway which has useful storage cupboards.
On the left there is a spacious dual aspect lounge containing a feature fireplace with inset electric fire and large picture window.
An attractive archway leads off the hall into the kitchen which is fitted with a range of white Shaker style wall and base units with an electric cooker, washer/dryer and fridge.
A door from the kitchen leads into the courtyard and provides access to the parking area and bin store at the rear of the building. The apartment has the benefit of 3 bedrooms.
The main bedroom is at the rear of the apartment and has been fitted with matching wardrobes and chest of drawers.
The front room adjacent to the kitchen is currently being used as a dining room, and would equally make a lovely double bedroom having similar far reaching views The shower room is fitted with a white suite comprising of a walk-in shower, vanity unit with inset wash basin and low level wc.
The apartment has electric heating and upvc double glazing.
Owners of Avon Court apartments each hold one-sixth of the Freehold and become members of the Avon Court Management Tewkesbury Ltd Annual maintenance is £600 per annum and covers building insurance, communal internal and external decoration, cleaning and maintenance.
The apartment is Leasehold 999 years from 2007 with 980 years remaining. Ground Rent is not payable.
Located within St Mary’s Lane providing easy walking distance of the town’s wealth of excellent culture, shops, eateries, leisure, sports, health facilities, Tewkesbury Abbey and excellent local public transport links.
The nearest bus stop and cafes are within 100yards and it is close to the historic Abbey and its gardens.
From the rear garden using binoculars you can currently watch the peregrine falcons on their nesting platform on the Abbey tower.
Tewkesbury itself is conveniently located within 2 miles of the motorway and rail networks and the newly opened Designer Outlet Centre.
Living Room 12' 0" x 18' 1" (3.66m x 5.51m) Kitchen 10' 0" x 6' 8" (3.05m x 2.03m) Bedroom 1 10' 0" x 12' 5" (3.05m x 3.78m) Bedroom 2 9' 10" x 11' 11" (3.00m x 3.63m) Bedroom 3/Study 5' 6" x 10' 11" (1.68m x 3.33m) Shower Room 5' 6" x 8' 1" (1.68m x 2.46m)
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.
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About 5, Avon Court, Tewkesbury
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