3-bedroom flat · GL20 5SB
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Set along the banks of the River Avon on one of historic Tewkesbury's most attractive streets, this spacious and characterful Grade II listed, top-floor apartment enjoys an abundance of natural light and far-reaching views across the river, the Ham and towards the Abbey.
The well-proportioned accommodation briefly comprises an entrance hall, a generous living room, a kitchen, three double bedrooms (including a master with en-suite) and a family bathroom.
Additional benefits include electric heating (with partial underfloor heating). Externally, residents can enjoy a large communal patio overlooking the weir.
Parking is available beneath the building on a first-come, first-served basis and the property also includes a useful storage room.
Council Tax Band: C (Tewkesbury Borough Council) Tenure: Leasehold (977 years) Service Charge: 260 per year Lease Term: 999 years from 1 January 2005 (approximately 977 years remaining) Service Charge (including buildings insurance): 260 per month Management Company: Abbey Mill (Tewkesbury) Management Company Limited Restrictions: No pets allowed Short-term lettings (including Airbnb) are not permitted Restrictions: Listed building Lower floor/parking area floods.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
Transparent online auction The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a Starting Bid' or Guide Price' and is accompanied by a Reserve Price'.
The Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price' / Starting Bid'. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
Legal Pack A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to 7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: C Tenure: Leasehold Annual Service Charge Amount: 3,120.00 Communal Entrance Via communal entrance hall, with stairs leading to the property Entrance Hall Having access to the part boarded loft, electric consumer unit, electric panel radiator, exposed beams.
Open Plan Living/Dining Room Having a vaulted ceiling with four roof windows and additional window to the rear aspect, providing far reaching views.
Exposed beams and brickwork, two electric panel heaters. There is further space for a study area.
Kitchen Fitted with a range of white fronted units with wooden work surfaces over and matching upstands.
Sink and drainer with mixer tap over, integrated, washing machine, slim dishwasher and space for fridge/freezer. Double electric oven and hob with extractor over.
Windows to three side, underfloor heating, exposed beams Bedroom 1 Having windows to three sides, electric panel heater, exposed beams and brick work.
Walk in cupboard housing the hot water tank and space for a tumble drier. En-Suite Suite comprising; panelled bath with shower over, WC and pedestal wash hand basin.
Part tiled walls, heated towel rail, roof window, extractor fan. Underfloor heating. Bedroom 2 Window to side aspect, electric panel heater, exposed beams and brick work.
Bedroom 3 Window to side aspect, electric panel heater, exposed beams and brick work. Bathroom Suite comprising; panelled bath with shower over, WC and pedestal wash hand basin.
Part tiled walls, heated towel rail, two roof windows, extractor fan. Underfloor heating. Outside There is a generous communal patio at the rear alongside the river's weir.
Under the building, there is some parking for the residents on a first-come-first-served basis, along with communal and an individual storage room.
Auctioneers Additional Comments Pattinson Auction are referred to below as The Auctioneer.
This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure aml procedures are carried out in accordance with the law Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Apartment 5 Abbey Mill, Mill Street, Tewkesbury
Explore nearby