2-bedroom bungalow · GL20 5AY
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to purchase a rarely available two bedroom bungalow, within the sheltered Marina Court development.
Marina Court offers a wide range of on site facilities for the over 55's, including communal grounds, restaurant, hair salon, guest room and cinema room, as well as an on site manager and the ability to partake in regular exercise activities*.
The bungalow itself, comprises of a welcoming entrance hall with storage, two bedrooms, a wet room, living room and kitchen, with built in appliances.
Further complemented by gas central heating, UPVC double glazing and nicely positioned in a quadrangle setting on the developments fringe. Direct access to rear patio.
This property comes to the market at a 75% shared ownership. Service charge - £489.23. Lease remaining - 125 years from 2008. Provided by the Management company Anchor, at the time of writing.
No onward chain.
* Charges may apply Lounge (5.13m max 3.89m min x 4.06m max (16'10 max 12'9 mi) Kitchen (3.18m max 2.41m max (10'5 max 7'11 max)) Bedroom One (3.78m x 3.76m (12'5 x 12'4)) Bedroom Two (3.78m x 2.11m (12'5 x 6'11)) Wet Room (2.49m x 2.24m (8'2 x 7'4))
Value & comps
No previous sales on record.
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 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
Agent & docs
FAQ
About 59, Marina Court, Tewkesbury
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