3-bedroom terraced house · SY1 2HA
Listing removedListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Code: 175_035 - please quote for viewings.
Living Room The property opens directly into a welcoming living room with a front-facing window, wood-effect flooring and a feature fireplace with exposed brickwork and timber detailing.
The room provides ample space for seating, with access continuing through to the kitchen.
Kitchen A spacious kitchen fitted with a range of wall and base units, work surfaces and a central island providing additional preparation and storage space.
There is room for a small dining table beneath the staircase, with the layout continuing through to the rear extension.
Rear Extension Located beyond the kitchen, this versatile additional space provides direct access to the rear garden.
It could be used as a small second living area, reading space, home office or practical storage area, depending on the needs of the occupier.
Rear Garden The property benefits from a private enclosed rear garden with a decked seating area, brick boundary wall and established greenery.
A gate at the rear leads through to the designated parking area.
First Floor Landing The first-floor landing provides access to the bathroom and the first double bedroom, with stairs continuing to the second floor.
Bedroom One A generously sized double bedroom with a front-facing window, feature fireplace and space for a range of freestanding bedroom furniture.
Bathroom The bathroom comprises a bath with shower over, toilet and hand basin. A frosted window provides natural light and ventilation.
Second Floor Landing The second-floor landing provides access to the two remaining bedrooms.
Bedroom Two A well-proportioned double bedroom with a front-facing window, wood-effect flooring and space for freestanding furniture.
Bedroom Three / Home Office A single bedroom which would also be particularly well suited to use as a home office, study or dressing room.
Parking A designated parking space is located to the rear of the property and can be accessed from the rear garden.
Location The property is situated approximately a ten-minute walk from Shrewsbury town centre, providing convenient access to a wide range of shops, cafés, restaurants and local amenities.
The area is also well served by public transport, making it easy to travel throughout Shrewsbury and the surrounding areas.
All the information displayed about this property comprises a property advertisement and Let Correct makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information.
Prospective tenants will need to make their own investigations to ensure that they are happy with the particulars and condition of the property before applying to rent a property and entering into a tenancy agreement.
All properties are let as seen unless alternative arrangements are agreed between parties subject to contract. Some photographs have been lightly enhanced using AI to improve presentation.
No structural features or room layouts have been altered.
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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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 St Michaels Street, Shrewsbury, Shropshire, SY1 2HA
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