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See how verdicts work2-bedroom flat · SY3 7JH
Sold STCReduced £21k (−10.5%) on 27 OctListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a very desirable residential area, a short walk from the Quarry Park and town centre, this two-bedroom ground floor apartment has been renovated within the last 5 years, offering well-designed accommodation throughout and private off-street parking.
All mains services are connected Key Features - * Communal entrance providing access to just two apartments * Good-sized inner entrance hall with useful storage * Open plan living/dining room with a feature fireplace and bay window to front * Re-fitted kitchen with a range of units, integrated appliances, and breakfast bar * Two bedrooms and a separate family bathroom with shower.
Bedroom one also has built-in wardrobes * uPVC double glazed windows and gas fired central heating * Private parking within a residents car park to the rear of the building * A fantastic location on a very popular street, a short walk from the vibrant Coleham area, with its outstanding primary school, café, riverside pub/restaurant and many other independent businesses.
The town centre is also just a 5/10-minute walk from the property via the Greyfriars footbridge, as well as some scenic riverside walks and the beautiful Quarry Park * Sold vacant with no upward chain Hall - Living/Dining Room - about 3.7 x 4.7 (about 12'1" x 15'5") - Kitchen - about 3.4 x 2.2 (about 11'1" x 7'2") - Bedroom One - about 2.4 x 4 (about 7'10" x 13'1") - Bedroom Two - about 2.7 x 2.7 (about 8'10" x 8'10") - Bathroom -
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Belle Vue Gardens, Belle Vue, Shrewsbury
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