3-bedroom flat · SY1 1LW
Listing removedListed 124 days · slow let
Opportunity summary
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About
VIRTUAL TOUR AVAILABLE - A spacious and modern three bedroom second floor penthouse apartment conveniently located just off The Square in Shrewsbury town centre. No parking included.
Available: 28/08/2026 Entrance - Hallway - Living Room - About 4.0m x 3.8m - Kitchen - About 4.1m x 2.2m - Bedroom One - About 3.2m x 2.9m - Bedroom Two - About 4.4m x 3.3m max - Bedroom Three - About 3.2m x 3.1m - Bathroom - About 2.0m x 1.7m - Outside - Private partly covered decked terrace enclosed by glazed screens, with stainless steel frame.
The development is approached off Princess Street via paved entrance recess with oak framed double glazed door and surround to communal entrance hall, with natural French oak boarded flooring, feature spot lights to ceiling, recessed wall mounted private letter boxes, oak panelled double door meter/storage cupboard, from which there is a communal staircase leading to first floor landing area, from which all of the apartments are accessed.
Comprising: Private staircase leading up to internal apartment door, entrance hall with airing cupboard, kitchen with integrated washer/dryer, full height fridge/freezer, slimline dishwasher, oven and hob, french doors to private balcony, living room, master bedroom with wardrobe, two further double bedrooms, bathroom with shower over bath.
No parking included. Communal courtyard for residents use only. Electric heating. EPC C.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 26-27 Princess Street, Shrewsbury
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