Flat 5, Chapel Court, Tewkesbury

*Guide price £60,000 - £80,000 plus fees

Property Features

3 beds 1 bath For sale by live stream auction on 15th December 2020 Guide Price: £60,000 - £80,000 Please call to arrange a viewing You must register on the Auction House Bristol website to bid Service charge and ground rent paid up until March 2022

Virtual Tours

A large 3 bedroom maisonette ideal for investors or first time buyers

At 936 sq ft/ 87 sq m this is a substantial apartment arranged over the second and third floors. Set within the eves the living accommodation benefits from exposed roof trusses and beams with views out across Tewkesbury town centre. Whilst the property would benefit from some updating it is perfectly habitable although may require works to meet current letting legislation. The property offers good rental potential with likely gross rental yields in excess of 10% of the lower end of the guide price. Situated in the heart of the town the property is moments away from the local facilities and could make a good Airbnb style letting opportunity.

Key Points

  • Large 2nd & 3rd floor maisonette
  • Approx 936 sq.ft./ 87 sq.m.
  • 3 bedrooms
  • 23 ft/7m living room
  • Exposed roof trusses and beams
  • Separate kitchen
  • Potential to reconfigure top floor into open plan living space
  • 2 large eves storage rooms with potential
  • Would benefit from updating
  • Good rental potential
  • Grade II Listed building
  • New 125 year lease
  • Ground rent £125 per annum
  • Service charge and ground rent paid until March 2022

Viewings

There are set viewing slots available for this property. Please submit a viewing request to be booked into the next available slot. We ask that you arrive promptly for the viewing as it is likely other viewings will be happening before and after your viewing. If you miss your slot you will have to wait until the next available time. No more than 2 people from the same household may view at once and you will be required to wear a face mask throughout the viewing and we advise you wear gloves as well. Please note you may be asked to wait outside until its safe to enter and you may be turned away without appropriate PPE. If you or anyone in your household have shown any symptoms of Covid (19 ) in the last 10 days we ask you to not attend the viewing.

For sale by LIVE STREAM Auction

on 15th December 2020, start time to be confirmed. In order to take part you must complete the registration form and return it together with two forms of ID. You will then be able to bid from the luxury of your own home either over the internet, by phone or by proxy.

Legal Pack

A full auction legal pack can be downloaded from the Auction House Bristol website once available. For further information on the other lots in this auction please visit the website.

Search Pack Fee

£360 inc vat payable upon exchange of contracts

Map

Floor plan

Property floor plan

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