3-bedroom flat · GL20 8AN
Listing removedListed 436 days
Opportunity summary
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About
Ground rent (For Leasehold tenure): £12 per year.
Wilkinson slm are delighted to bring to market a rare opportunity to purchase a three bedroom duplex apartment situated in the ever popular Mitton development with no onward chain.
This fantastic home has a spacious lounge with a large window allowing plenty of natural light.
There is also a contemporary kitchen with an array of base and wall units, an integrated fridge freezer, electric oven and gas hob as well as a standalone washing machine and tumble dryer.
Double doors open to the good sized courtyard to enjoy the outdoors. The courtyard is has a wooden fence to provide privacy with a gate leading to the communal stairs.
Stairs from the hallway lead to the first floor occupying two double bedrooms and a good sized single bedroom. There is also a modern wet room styled in a neutral colour.
Finishing this duplex apartment is UPVC double glazing, gas central heating and an ideal location next to local amenities.
Leasehold Information: Ground Rent - £12pa Lease Length - 999 years from 01/03/2001 18A Mitton Way is situated above commercial premises.
Property additional info Kitchen: 11' 0" x 11' 0" (3.35m x 3.35m) Lounge: 11' 8" x 17' 2" (3.56m x 5.23m) Bedroom One: 11' 1" x 11' 1" (3.38m x 3.38m) Bedroom Two: 11' 8" x 8' 7" (3.56m x 2.62m) Bedroom Three: 8' 7" x 8' 6" (2.62m x 2.59m) Wet Room: 5' 9" x 5' 10" (1.75m x 1.78m) maximum measurements
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 18a Mitton Way, Mitton, Tewkesbury
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