Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,185,000
Bedrooms
Bathrooms
Set behind secure electric gates on approximately 2 acres of grounds, this substantial detached red-brick Victorian residence offers a rare and exciting investment opportunity on the edge of historic Tewkesbury.
With around 7,800 sq ft of internal space, this imposing property combines classic period character with immense flexibility. Formerly operating as both a care facility and commercial office space, it now invites a new chapterbe it as a large-scale family home, business premises, or redevelopment project (subject to relevant permissions).
Key Features:
Twelve Ensuite Bedrooms: Generously sized bedrooms, each with its own private bathroom, offering options for multigenerational living, boutique accommodation, or professional use.
Main House & Annex Layout: The principal Victorian residence is packed with original architectural charm, while a later 1980s-built annexaccessed via a separate entranceadds even more versatility to the site.
Dual Access Points: The two gated entrances allow for functional separation between the main home and annex, making the layout ideal for split usage or independent access.
Expansive Grounds: Mature trees, lawns, and a sweeping gravel driveway provide a sense of seclusion and grandeur, all just a short distance from Tewkesbury town centre.
Development Scope: While in need of modernisation, the sheer scale and layout of the property create vast potential for refurbishment or conversion, whether residential or commercial, subject to planning.
Fantastic Location: Just 0.5 miles from the towns charming High Street with shops, restaurants, and historic attractions, and well-connected via the nearby M5/M50 and mainline rail services to London.
This is a property that not only impresses with its size and stature, but also excites with its potential. Whether youre looking to restore a historic home, create a profitable business venue, or explore a mix of boththis could be your next standout project.
No onward chain.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
The Property has been saved to your favorites
/ 5
It's quick and easy
