Top Floor Flat, Yew Tree House, New Street, Painswick, Stroud, GL6 6UN

Auction Guide £150,000 - For Sale

2
  • 13 February LIVE ONLINE AUCTION
  • Spacious 2-bedroom apartment (over 1,000 ft²)
  • Stunning living space with vaulted ceilings
  • REDUCED PRICE FOR AUCTION
  • Ideal buy to let investment or first time buy
  • 8-week completion

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This beautiful top-floor apartment, set within a Grade II listed Cotswold stone property, is situated in the heart of Painswick and boasts stunning views over the historic churchyard and Painswick Valley. The light and spacious interior features a vaulted dining/sitting room, two double bedrooms, a large bathroom, and mezzanine levels perfect for a study or home office. Known as the "Queen of the Cotswolds," Painswick offers a delightful village lifestyle with shops, cafes, pubs, and a boutique hotel, as well as excellent schools and abundant outdoor pursuits. The village is well-connected, just 20 minutes from Cheltenham and Gloucester, with a nearby station providing a 90-minute train service to London.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 13 February 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWINGS -

By appointment.

SUMMARY -

SPACIOUS TWO-BEDROOM TOP-FLOOR FLAT FOR UPDATING

DESCRIPTION -

This stunning top-floor apartment in a Grade II listed Cotswold stone property is located in the heart of Painswick, offering breathtaking views over the historic churchyard and Painswick Valley. The bright, spacious accommodation includes a vaulted dining/sitting room, two double bedrooms, a large bathroom, and 2 mezzanine spaces ideal for a snug, study, and or office. Painswick, known as the "Queen of the Cotswolds," provides a charming village lifestyle with shops, cafes, pubs, and a boutique hotel, alongside excellent schooling options and outdoor activities. Well-connected, the village is 20 minutes from Cheltenham and Gloucester, with a nearby train station offering access to London in 90 minutes.

LOCATION -

Yew Tree House enjoys an enviable location in the heart of Painswick, just a short stroll from the village's many amenities. Known as the "Queen of the Cotswolds," Painswick is a quintessential Cotswold village rich in history and charm. Painswick features a range of village shops and cafes, while the surrounding countryside provides excellent opportunities for riding and cycling. Painswick is ideally located for commuting, with nearby Stroud mainline station offering train journeys to London in approximately 90 minutes. Cheltenham and Gloucester are just a 20-minute drive away, and the M5 motorway provides convenient access to Bristol and the Midlands.

ACCOMMODATION -

The apartment comprises of an entry hall, reception room, kitchen, two bedrooms, bathroom, and 2 mezzanine levels.

Please refer to the floor plan for the internal layout and approximate dimensions.

TENURE -

The property is to be sold on a new 125 year lease, please refer to the online legal pack for a copy of the draft lease.

RENTAL POTENTIAL -

We would anticipate a potential rental income in the region of £1,250 pcm (£15,000 per annum).

COMPLETION -

Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: E

LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -

Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk.

AUCTION OR BRIDGING FINANCE REQUIRED? -

Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £1,500 plus VAT (£1,800 inc VAT) buyer’s premium payable upon exchange of contracts.

*GUIDE PRICE -

Guide Prices 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 Reserve Price (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.

RESERVE PRICE -

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

PROXY, TELEPHONE & ONLINE REMOTE BIDDING -

The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.

PRELIMINARY DEPOSITS -

The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:

£1,000 - £150,000: £5,000
£151,000 and above: £10,000

If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.

RENTAL ESTIMATES -

All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.

Floorplan for New Street, Painswick, Stroud
EPC Graph for New Street, Painswick, Stroud