2-bedroom property · GL20 5RR
Under offerListed 387 days
Opportunity summary
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About
Beautifully light and spacious, this ground floor maisonette has been updated to create a lovely home.
Located within the popular Shephard Mead Sheltered Residential development, it overlooks the Abbey Fields and benefits from lovely views especially in the long winter months.
The accommodation briefly comprises of a lounge with attractive electric fire and surround with an archway through to the kitchen.
The kitchen has been fitted with a range of modern wall and base units and has the benefit of a window again providing a lovely outlook over the gardens.
There are two bedrooms with one benefitting from fitted wardrobes. The modern shower room has a contemporary style walk in shower cubicle, vanity unit with inset sink unit and low level wc.
Adjacent to the front door is a useful storage cupboard. Throughout the property has the advantage of upvc double glazed windows and electric storage heaters.
Some of the advantages of independent living in this development include the use of the laundry with Miele washing and drying machines and basin for hand washing; a lovely communal lounge perfect for those times when you want to socialise; attractive outdoor dining area; ample parking, beautiful communal gardens; subsidisesd guest suite and visiting warden.
Located on the edge of Tewkesbury with a regular bus service at the drive entrance, serving the town centre, Cheltenham and Gloucester, it is an ideal location.
Shephard Mead is situated on the edge of the ancient town of Tewkesbury, with delightful views of its Abbey, and the wealth of amenities typical of a thriving community including hospital, swimming pool, golf club, theatre and excellent range of shops.
Plus it has the advantage of being within walking distance of a local supermarket.
Immediately outside of the Shephard Mead development are bus stops providing regular links into town, and the vibrant centres of Cheltenham and Gloucester.
• 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 £226.47 pcm (to be confirmed by solicitors) includes building insurance; maintenance; subsided guest suite and communal areas; 24 hr careline; onsite daytime manager; laundry; window cleaning.
• Modern Electric heating • Double glazed windows Lounge/dining room 13' 4" x 11' 7" (4.06m x 3.53m) Kitchen 5' 9" x 7' 2" (1.75m x 2.18m) Bedroom 1 12' 10" x 8' 9" (3.91m x 2.67m) Bedroom 2 8' 2" x 8' 8" (2.49m x 2.64m) Shower Room
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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