We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · SY3 7JE
Sold STCListed 643 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned 2 double bedroom ground floor retirement apartment, located within this popular purpose-built development along with direct access to a paved sun terrace and the lovely communal grounds.
Pengwern Court is in a superb location, a short walk from the fantastic amenities of Coleham, the Quarry Park and also the town centre.
Mains electricity, water and drainage are connected Key Features - * Good sized entrance hall with excellent built in storage and entry phone system.
* Living room with feature fireplace, window and glazed door to a paved sun terrace. * Separate fitted kitchen with window overlooking gardens.
* 2 double bedrooms, one of which has built in wardrobes and a shower room. * Electric storage heating and double-glazed windows.
* Located on the lower ground floor (lift or stair access) with direct access to a south facing paved sun terrace and the communal gardens.
There is also a nicely furnished and spacious residents lounge and kitchen right next to the apartment.
* Resident house manager along with 24-hour emergency care line response system and additional guest suite accommodation for visitors.
* Attractively landscaped and private communal gardens with pathways and seating areas. * Plenty of parking for both residents and guests.
* Superb location, just a few minutes’ walk from the varied amenities of Longden Coleham, as well as some beautiful river walks and the town centre. * Vacant with no onward chain.
Living Room - about 5.4m x 3.1m (about 17'8" x 10'2" ) - Kitchen - about 2.3m x 2.3m (about 7'6" x 7'6" ) - Shower Room - about 2.1m x 2.7m (about 6'10" x 8'10" ) - Bedroom One - about 4.4m x 2.7m (about 14'5" x 8'10" ) - Bedroom Two - about 4.0m x 2.4m (about 13'1" x 7'10" ) -
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Pengwern Court, Longden Coleham, Shrewsbury
Explore nearby