Worst House on the Street Logo
Churchend, Twyning, Tewkesbury - Image 1
Churchend, Twyning, Tewkesbury - Image 2
Churchend, Twyning, Tewkesbury - Image 3
Churchend, Twyning, Tewkesbury - Image 4
Churchend, Twyning, Tewkesbury - Image 5
Churchend, Twyning, Tewkesbury - Image 6
Churchend, Twyning, Tewkesbury - Image 7

Churchend, Twyning, Tewkesbury

South West

£230,000
Listed on 08/12/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1442 sqft

Description

This property represents a promising opportunity for those interested in development or self-building in a charming village setting. With approved planning permission (reference: 19/00689/FUL from Tewkesbury Borough Council) for a spacious 4-bedroom detached house, the groundwork has been effectively laid out. The substructure is well underway, featuring completed footings to the damp course and installed brick and beam work, alongside essential utilities such as foul drainage and fresh water connections—each aspect confirmed by the building inspector. Covering an area of approximately 1,442 square feet, the proposed design includes a double garage, allowing for flexibility and customization to meet personal or market demands. The existing plans offer great scope to create a bespoke home tailored to your vision. Located between Twyning and Tewkesbury, this plot benefits from a tranquil atmosphere and beautiful views of surrounding fields, enhancing the appeal of the future residence. Given the estimated final value of around £625,000 to £650,000 upon completion, this project holds significant potential for a solid return on investment. The property includes a 10-year self-build structural warranty, providing peace of mind as you embark on this development journey. This is an excellent chance to transform your ideas into reality in a sought-after area. For further details or to request the Substructure Inspection Report, please connect with Peter Ball & Co before scheduling any visits.

Investment Analysis

(GL20 area)

Below Market Value

This property is priced -50.0% below area average per sq ft

-50.0%
Potential saving
This Property
£160/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£506,156
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL20)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 1.4%
5 year growth: 6.2%
Investment Disclaimer: Analysis based on GL20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Churchend, Twyning, Tewkesbury
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE