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2 X Flats | Cash Buyers | Tewkesbury

South West

£115,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Flat

Description

This property presents a promising investment opportunity featuring two self-contained flats located on the upper floors of a mixed-use building in Tewkesbury, Gloucestershire. With approximately 1,112 square feet of space, the flats require some cosmetic updating and will be sold with vacant possession. The first flat offers a welcoming entrance hall, a reception area, a kitchen, two bedrooms, a study, and a bathroom totaling 587 square feet. The second flat comprises an entrance hall, reception room, kitchen, bedroom, and bathroom across 464 square feet. Both units have previous rental history and exhibit significant potential for income generation post-renovation or could serve as residences for owner-occupiers looking to enhance their living spaces. The property is leasehold with about 68 years remaining on the lease. Located in the historic riverside town of Tewkesbury, known for its charming medieval streets and community spirit, this location provides easy access to local amenities and transport links. Given the requirement for cash buyers only due to the lease length and overall condition of the flats, this property can be seen as an ideal project for those willing to invest in modernizing these spaces to unlock their full rental or resale potential.

Investment Analysis

(GL20 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

2 X Flats | Cash Buyers | Tewkesbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£421
Based on a loan of £86,250 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.

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