1-bedroom flat · SY2 6DD
For saleListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within an imposing former school building of character, this well-presented first floor apartment offers neatly presented and well-designed accommodation, while retaining plenty of period features such as high ceilings and large sash windows.
The property is located within a very popular residential area, and benefits from private allocated parking and landscaped communal gardens. Mains water, electricity and drainage are connected.
Electric heating.
Key Features - * Impressive communal entrance opening to stunning main hall which has a beautiful staircase, parquet flooring and stained-glass light lantern * Sherboune is on the first floor of the building accessed via the stunning central landing, and quietly tucked away through a separate hallway * Private inner hallway with telephone intercom system * Large open plan living/dining room with feature chimney breast and recess, window overlooking the gardens, and useful store cupboard * Modern fitted kitchen with a range of units and space for appliances * Good-sized double bedroom and en-suite shower room * Electric heating and fully double-glazed sash windows - installed within the last 6 years * Neatly kept communal garden, complete with seating and drying areas for residents’ use.
There is also a communal cellar and bike storage facilities, as well as private storage for each flat * Allocated parking space to the rear of the building * Sold with a share of the freehold and managed by the residents with a long lease, no ground rent and an annual service charge of £1,440 PA (with option to pay monthly) * A fantastic location within a sought-after residential area, just a short distance from excellent amenities such as shops and a doctor's surgery, with lovely walks through the Reabrook Nature Reserve, as well as being within a 30 minute walk of the town centre Living/Dining Room - about 5.2 x 4.4 (about 17'0" x 14'5") - Kitchen - about 2.2 x 2.7 (about 7'2" x 8'10") - Bedroom - about 2.9 x 3.4 (about 9'6" x 11'1") - Ensuite -
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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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 Stonehurst, Sutton Road, Shrewsbury
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