2-bedroom house · SY3 8ZF
Listing removedListed 145 days · slow let
Opportunity summary
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About
A spacious two bedroom semi-detached house situated within this very popular residential area a short distance from the Royal Shrewsbury Hospital, excellent amenities and the town centre.
The accommodation briefly comprises of; Entrance hallway, Living room, stairs and landing, double bedroom, further bedroom, bathroom with shower.
Enclosed two tier rear garden and allocated parking space.
Entrance Hall With wood effect flooring, radiator Kitchen With a range of wood effect units with round edge worksurface over, recess for oven and hob with integral cooker hood over, plumbing for washing machine, sink set in base unit, window to front aspect Living Room With carpet, sliding doors leading to outside, storage cupboard, radiator Stairs And Landing With carpet, storage cupboard Bedroom 1 With carpet, windows to front aspect, radiator, storage cupboard Bedroom 2 With carpet, radiator, window to rear aspect, fitted wardrobe Bathroom With 3 piece suite to include; panelled bath with electric shower over, pedestal wash hand basin, WC, obscured window to rear aspect Outside Decked area from living room with stairs leading down to lawn enclosed with wooden fencing.
Information for tenants: Rent: £825 per calendar month Deposit: £951 Monks have considered that the deposit for this property is Equivalent to 5 weeks rent Holding Deposit: £190 Equivalent to 1 Weeks Rent Council Tax Band: B Please confirm the Council Tax band via Shropshire Council Term: Assured Periodic Tenancy Measurements: All measurements are approximate Services: We are advised that mains water, gas and electric are available Viewings: Strictly by appointment with the letting agents Variation of Contract (Tenant’s Request): £50 (inc.
VAT) per agreed variation.
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents Change of Sharer (Tenant’s Request): £50 (inc.
VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Keys: Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
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 18, Ravenscourt Walk, Shrewsbury
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