We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom property · SY3 7BS
Sold STCReduced £40k (−32%) on 26 OctListed 868 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, light and well-presented purpose-built retirement apartment offers practical and thoughtfully designed accommodation, located in this popular McCarthy & Stone development set in landscaped gardens adjoining the River Severn, a short walk from an excellent range of amenities and town centre.
Mains services water, electricity and drainage are connected Heating is electricity Key Features - * The property is situated on the ground floor and is accessed via neatly kept communal entrance with secure telephone entry system * Entrance hall with built-in store * Large open plan living/dining room with windows to two elevations and Juliette balcony to the rear * Glazed double doors from dining area to separate fitted kitchen * Large double bedroom built in wardrobes * Separate bathroom with shower * Electric heating and uPVC double glazed windows * The property is specifically designed for retirement and has full time house manager, spacious residential lounge and communal areas, guest flat for visitors, laundry and drying rooms * Beautiful private communal grounds which provide seating areas and direct views across the adjoining River Severn towards the town centre.
There is also private residents parking * Sold with no upward chain Entrance Hall - Living/ Dining Room - about 7.0m x 4.5m (about 22'11" x 14'9") - Kitchen - about 2.5m x 2.3m (about 8'2" x 7'6" ) - Bedroom - about 4.8m x 2.8m (about 15'8" x 9'2" ) - Bathroom -
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Longden Coleham, Shrewsbury
Explore nearby
