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See how verdicts work3-bedroom bungalow · SY1 2QT
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 3 bedroom bungalow - private courtyard garden *** Open for viewing Saturday 24th and Sunday 25th October 11.00am - 2.00pm. Official show home opening this weekend.
Looking for something a little different? This impressive, newly converted 3 bedroom mews bungalow is the only one of its kind on the development!
Boasting not one, but two fabulous decked balconies – accessed directly from the lounge and bedroom – it's the perfect place to enjoy your morning coffee, relax with a glass of wine or simply unwind in your own outdoor space.
Offering a unique blend of contemporary living and individuality, this really is a home that stands out from the crowd!
Its 3 bedrooms gives the flexibility of one being used as a Home Office/Sitting Room.
Thoughtfully designed for easy, low-maintenance living, the home offers excellent accommodation including a principal bedroom with en suite and lovely open plan Living/Dining/Kitchen.
Ideal for those looking to retire, downsize or enjoy the convenience of single-storey living without compromising on space, comfort or style.
Being a short stroll from local amenities and riverside walks to the Town Centre and Railway Station and for commuters ease of access to the A5/M54 motorway network.
A truly unique home in a very special development – early viewing is highly recommended.
Location Lymehurst Place occupies an enviable position on the edge of the Town, being a short and pleasant stroll from the railway station and all of the Town Centre amenities.
For commuters there is ease of access to the A5/M54 motorway network.
A stunning medieval town, Shrewsbury is steeped in history, being the birthplace of Charles Darwin, home to 660 listed buildings and the famous Shrewsbury Quarry which the River Severn cradles.
Recently voted the UK's number one High Street, Shrewsbury's Wyle Cop boasts an array of independent traders which complement national stores, banks and building societies.
The Town plays host to wonderful cafe's, bars, restaurants and entertainment venues, including Theatre Severn, which is Shropshire's premier arts venue.
Description Lymehurst is a graceful period home which comprises of just 5 apartments with the adjoining wings being converted to provide 9 single storey mews bungalows each of which has undergone complete modernisation and refurbishement to provide in total 14 one, two and three bedroom homes each offering individual living space.
2 Lymehurst Place is a fabulous 3 bedroom mews bungalow which offers surprisingly spacious and light accommodation comprising of open plan Living/Dining/Kitchen with range of integrated appliances and the Living area opening onto private decked sun terrace, Principal Bedroom again with double opening doors to private sun terrace, 2 further generous sized Bedrooms and well appointed Shower Room.
The property has the added benefit of gas central heating, double glazing, allocated parking with EV charging point and private south facing courtyard style garden with its two decked sun terraces.
We are advised that planning restrictions prevent the use of the Apartments being used for Air B&B purposes. Open Plan Living/Dining/Kitchen A lovely light spacious dual aspect room.
The Living/Dining area features window to the front and double opening French doors leading onto the decked sun terrace, media point, radiators.
The Kitchen is attractively fitted with range of contemporary units incorporating single drainer sink set into base cupboard.
Further range of cupboards and drawers with work surfaces over and having integrated dishwasher, oven, grill and extractor hood.
Matching eye level wall units, recessed ceiling lights and window to the rear. Principal Bedroom A generous double room with French doors opening onto decked sun terrace, radiator.
En Suite Shower Room With suite comprising shower cubicle with direct mixer unit, wash hand basin set into vanity with storage and WC. Complementary tiled surrounds, window to the rear.
Bedroom 2 Another generous double room with window to the front, radiator. Bedroom 3/Home Office A great versatile room with window to the rear, radiator.
Shower Room Fitted with suite comprising large shower cubicle with direct mixer unit, wash hand basin set into vanity with storage beneath and back lit wall mirror over, WC, heated towel/radiator.
Outside Set back from the road and screened with sandstone walling and mature hedging to the car parking area with allocated space for each apartment.
The property has the benefit of two large decked sun terraces which come off both the Lounge and Principal Bedrooms along with a gravelled courtyard style garden area.
To the rear of the development is a communal garden area. Allocated parking with EV charging.
General Information Tenure We are advised the property is will be Leasehold/Freehold where each owner will own a share of the Freehold. Service charges are to be confirmed.
Services We are advised that all main services are connected. Council tax banding As this is a new conversion property the Council has not yet set the banding.
Financial services We are delighted to work in conjunction with the highly reputable `Ellis-Ridings Mortgage Solutions’ 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 2.00pm 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.
Electrics 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
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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.
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FAQ
About 2, Lymehurst Place, Ellesmere Road, Shrewsbury
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