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See how verdicts work2-bedroom flat · SY2 6GA
For saleReduced £5k (−2.5%) on 15 AugListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** impressive 2 bedroom, 2 bathroom ground floor apartment *** An excellent opportunity to purchase this larger than average, Ground Floor Apartment set within this sought after gated development right on the edge of the Town with a pleasant open aspect to the fore.
Set within lovely landscaped gardens, bordered by the River Severn and being a short stroll from the amenities of the Town and for commuters the Railway Station which has links to London.
The accommodation briefly comprises secure communal entrance with entry phone system, personal Reception Hall with double cloaks cupboard, open plan Living/Dining/Kitchen with aspect along Amber Rise to the gardens, Principal Bedroom with en suite Shower Room, further double Bedroom and Bathroom.
The property has the benefit of gas central heating, double glazing, allocated parking and delightful well stocked communal gardens bordered by the River Severn.
Viewing essential and offered for sale with no upward chain.
Location Set within lovely landscaped gardens, bordered by the River Severn and being a short stroll from the amenities of the Town and for commuters the Railway Station which has links to London.
Secure Communal Entrance Hall With entryphone system and opening through to welcome Reception area with mail boxes. Personal Reception Hall With useful double cloaks storage cupboard, radiator.
Open Plan Living/Dining/Kitchen A lovely light and spacious room with two sash style windows overlooking the front. Living Area/Dining Area with media point, radiator.
Kitchen which is attractively fitted with modern range of shaker style cream fronted units incorporating single drainer sink unit set into base cupboard.
Further range of cupboards and drawers with round edge work surfaces over and having integrated dishwasher, washer drier and fridge freezer all with matching facia panels.
Inset 4 ring hob with extractor hood over and double oven and grill beneath. Matching range of eye level wall units. Principal Bedroom With window to the rear.
Built in double wardrobe with double hanging rails and shelving. Radiator. En Suite Shower Room With double width fully tiled shower cubicle with direct mixer shower unit, wash hand basin and WC.
Complementary tiled surrounds, heated towel rail. Bedroom 2 With window to the rear, built in wardrobe, radiator.
Bathroom With suite comprising panelled bath with electric shower unit over, wash hand basin and WC suite.
Complementary tiled surrounds, heated towel rail Outside The property occupies an enviable position on the edge of this exclusive development.
Allocated parking space and fabulous communal gardens bordered by the River Severn. General Information Tenure We are advised the property is Leasehold with 141 years remaining on the lease.
The current yearly charges are; Ground Rent £300 annually and the Service Charge is £1,350 per annum. We would recommend this is verified during pre-contract enquiries.
Services We are advised that mains water, electricity and drainage are connected and would recommend this is verified during pre-contract enquiries.
Council tax banding As taken from the website we are advised the property is in Band B - again we would recommend this is verified during pre-contract enquiries.
Financial services We are delighted to work in conjunction with the highly reputable `My Simple Mortgage’ who offer free independent advice and have access to the whole market place of Lenders.
We can arrange for a no obligation quote or please visit our website where you will find the mortgage calculator.
Legal services Again we work in conjunction with many of the Counties finest Solicitors and Conveyancers. Please contact us for further details and competitive quotations.
Removals We are proud to recommend Daniel and his team at Homemaster Removals. Please contact us for further details.
Need to contact us We are available 8.00am to 8.00pm Monday to Friday, 9.00 am to 4.00pm on a Saturday and 11.00am to 3.00pm on Sunday, maximising every opportunity to find your new home Important Notice - Monks for themselves and for the vendors of this property, whose agents they are give notice that: These particulars provide a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract.
All descriptions, dimensions and distances are approximate, references to state and condition, relevant permissions for use and occupation and other details are provided in good faith and believed to be correct.
No person in the employment of Monks has any authority to make or give any representation or warranty whatever in relation to this property.
Electrical and other appliances mentioned in these particulars have not been tested by Monks. Therefore prospective purchasers must satisfy themselves as to their working order.
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
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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.
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FAQ
About 18, The Old Meadow, Shrewsbury
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