1-bedroom house · GL20 5BL
Listing removedListed 490 days
Opportunity summary
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About
With far reaching views across the river to the Malvern Hills in the distance, The interesting and changing views will entertain and amuse you and your visitors who will not want to leave!
The lounge has large picture windows to maximise the views and has an attractive ornamental fireplace.
An archway leads through to the kitchen which is fitted with a range of wall and base units and which also has the benefit of a window.
Adjacent to the lounge is the double bedroom which has the advantage of fitted wardrobes.
The modern shower room is fitted with an attractive vanity unit with cupboards, inset wash basin and back to the wall low level wc. In addition there is a shower cubicle.
The apartment is served by both lift and stairs and has electric Economy 7 heating.
Home Abbey has an elegant resident’s lounge; a laundry with modern appliances and day-time warden present to help with any concerns.
Regular coffee mornings and events take place for those that wish to participate or just sit in the lounge for the company and a chat.
Outside there are beautifully kept communal gardens with benches, tables and chairs offering the opportunity to soak up the views across the river and perhaps feed the ducks.
There is also a rotary line drying area and bin store and the whole rear grounds are fully secure and can only be accessed by residents and their guests.
Specifically designed by quality Retirement Home Developer, McCarthy & Stone, and managed by First Port, Home Abbey has a range of apartment styles over three floors all serviced by a lift and 24 hour careline response system.
Located on the High Street the wealth of excellent shops and facilities are on your doorstep.
Tewkesbury itself is a popular Tudor town with a wealth of leisure, health, eateries and shops and together with excellent public transport links make it a great central location.
Leasehold Managed by First Port Management Ltd 99 years from 1985 with approximately 60 years remain to be confirmed by your solicitor.
Annual Ground Rent approximately £526.62 per annum Annual maintenance charges approx.
£3954.69 per annum Attractively maintained gardens with views over the River Communal Lounge with Kitchen area Communal Patio with garden furniture Subsidised Guest Suite Laundry with Miele washing machines and tumble dryers External rotary clothes lines Bin Store On site manager from 9-3pm weekdays 24 Care Line Building Insurance External maintenance, grounds maintenance and window cleaning; internal communal areas cleaning Lift Living Room 20' 4" x 10' 7" (6.20m x 3.23m) Kitchen 7' 4" x 5' 4" (2.24m x 1.63m) Bedroom 14' 1" x 8' 8" (4.29m x 2.64m) Shower Room 6' 8" x 5' 4" (2.03m x 1.63m)
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 37 Homeabbey House, High Street, Tewkesbury
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