Page main header

Skip to main content
Close main menu
Open main menu

Property Listing Details

Detached house for sale

Tolsey House, Tolsey Lane, Tewkesbury, Gloucestershire GL20

  • Sold subject to contract
  • Investment

£30,000

Property details

Features

  • Freehold

Listing view statistics

Last 30 days: 34 page views

Since listed: 1009 page views

Description

For sale by auction on Tuesday, 17 Sep 2019 at 19:00

Venue: Ashton Gate Stadium Winterstoke Road, Bristol, BS3 2LQ

Tolsey House is substantial Grade II Listed property dating back to the 16th Century set behind the High Street (A38) with its range of local and national retailers. The property is now arranged as 6 self-contained flats held on 125 year leases, each currently paying a ground rent of £150pa. In addition to the side of the property is a car park for several vehicles. Whilst each flat has the right to pass over the car park there are no parking rights meaning there may be additional rental or development potential subject to the necessary consents.

Key Points
• Ground rent investment opportunity
• Freehold of Grade II Listed building
• Comprising 6 self-contained flats
• Held on 125 years leases from 01.01.2016
• Ground rents: £150 pa doubling every 25 years
• Right to manage
• Car park for several vehicles
• Flats have no rights to park
• Potential to rent or develop car park subject to consents

For Sale by Auction
On Tuesday, 17th September at 7.00pm at Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

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

Draft details
awaiting seller approval

EPC Rating: Flats 1,2,3: D. Flat 4: C. Flats 5 & 6: E

Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

You could get

Fast broadband Fast broadband

Up to 18.4 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Ashchurch for Tewkesbury 2.1 miles
  • Cheltenham Spa 7.1 miles
  • Tewkesbury Church of England Primary School 0.2 miles
  • Abbey View 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Ashchurch for Tewkesbury 2.1 miles
  • Cheltenham Spa 7.1 miles
  • Tewkesbury Church of England Primary School 0.2 miles
  • Abbey View 0.3 miles

Market stats

Sale activity

Average estimated value for a house in GL20:

  • £436,233
  • Price decrease

  • -£22,577
  • (-4.921%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £399,990
  • Properties sold

    114

Rental opportunities

£693 pcm

Recent sales nearby

See all recent sales in GL20
Switch to next tab

Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
30th Aug 2019 £30,000 First listed

Want an expert valuation of your home?

Book an agent valuation
Property descriptions and related information displayed on this page are marketing materials provided by Auction House Bristol & Somerset North. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House Bristol & Somerset North for full details and further information.