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See how verdicts work1-bedroom flat · SY1 2EQ
Listing removedListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with NO UPWARD CHAIN, is this well presented, improved and modern one double bedroom second floor apartment.
The property occupies a highly convenient location within striking distance of the Shrewsbury railway station, medieval town centre of Shrewsbury and tranquil riverside walks within the Quarry park.
This property will be of interest to a number of buyers and viewing is recommended by the agent.
The accommodation briefly comprises of the following: Communal entrance hall, communal second floor landing, lounge/diner, modern kitchen, double bedroom, bathroom, communal grounds, one allocated car parking space, NO UPWARD CHAIN.
The accommodation in greater detail comprises: Communal entrance hall with stairs rising to communal second floor landing door gives access to: Entrance Hallway - Having wood effect flooring, wall mounted intercom telephone system, radiator, cupboard housing gas fired central heating boiler.
Door from entrance hallway gives access to: Lounge/Diner - 4.65m max reducing down to 3.58m min x 4.37m (15'3 - Having wood effect flooring, radiator, sealed unit double glazed window overlooking St Michaels street.
From lounge/diner access is given to: Modern Kitchen - Comprising: Modern eye level and base units with built-in cupboards and drawers, integrated oven, four ring gas hob with concealed cooker canopy over, free standing fridge freezer and washing machine, fitted worktops with inset stainless steel sink with mixer tap over, recessed spotlights to ceiling.
From entrance hallway doors give access to: Double bedroom and bathroom.
Bedroom - 4.39m x 3.23m max reducinf down to 2.51m min (14'5 - Having sealed unit double glazed window overlooking St Michaels street, wood effect flooring, radiator, two built-in double wardrobe.
Bathroom - Having a modern three piece suite comprising: Panel bath with wall mounted electric shower over, pedestal wash hand basin, low flush WC, wood effect flooring, radiator, extractor fan, recessed spotlights to ceiling, part tiled to walls, shaver point.
Outside - There are well maintained communal grounds and one allocated car parking space. Services - Mains water, electricity, drainage and gas are all understood to be available to the property.
None of these services have been tested. If there is a telephone installed it will be subject to British Telecom regulations.
Council Tax Band A - Tenure - We are advised that the property is LEASEHOLD.
The vendor/s have informed us these details/charges are applicable: Approximate Length of lease remaining is approximately 103 years Service charge £645.32 per annum Ground rent £250.00 per annum Ground rent review date and price increase TBC The above charges/lease details have not been verified and confirmation will be forthcoming from the vendor's solicitors during pre-contract enquiries.
Mortgage Services - We offer a no obligation mortgage service through our in house Independent Financial Advisor. Telephone our Office for further details (OPTION 1 SALES).
Referral Fee Disclaimer - Guidance from the Consumer Protection from Unfair Trading Regulations 2008 requires the Estate Agency sector to address the issue of transparency of fees.
Holland Broadbridge refers clients to carefully selected local service companies, as we believe you may benefit from using their services.
You are under no obligation to use the services of any of the recommended companies, though if you accept our recommendation the provider is expected to pay us a referral fee.
Disclaimer - Any areas / measurements are approximate only and have not been verified. VACANT POSSESSION WILL BE GIVEN ON COMPLETION.
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.
Area
Agent & docs

FAQ
About Simpson Square, St. Michaels Street, Shrewsbury
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