1-bedroom flat · TF9 1FA
Listing removedListed 99 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Stafford Street in the historic North Shropshire market town of Market Drayton, Joules Place is a superb Retirement Living development offering a select number of remaining one and two bedroom apartments, exclusively for those aged 55 and over.
Sold on a 999 year lease, each home is finished to McCarthy & Stone's high specification - contemporary kitchens, bright living spaces and subtle ergonomic touches like easy-turn taps with many apartments enjoying their own private patio or balcony.
Residents share an excellent range of communal facilities, including a beautiful lounge with Wi-Fi and a state-of-the-art audio and video system, landscaped courtyard gardens, a guest suite for visiting family, a mobility scooter room and lifts to all floors.
A friendly on-site House Manager keeps everything running smoothly, while a 24/7 emergency call system and camera entry provide peace of mind.
Set close to the banks of the River Tern and the Shropshire Union Canal, the development is within easy walking distance of the town centre, with markets, shops, restaurants and picturesque canal-side walks on the doorstep.
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
We're still gathering serviced-accommodation data for this area.
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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 876577, Stafford Street, Joules Place, Market Drayton
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