2-bedroom terraced house · SY1 3XU
Listing removedListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom end of terrace home situated in a quiet cul-de-sac location, a short distance from Shrewsbury town centre.
The accommodation comprises: an entrance hall, sitting room, fitted kitchen/dining room, two bedrooms and a family bathroom.
The property further benefits from electric heating, wood-framed double glazing, enclosed rear garden and off-road parking for two vehicles.
Rent: £850pcm Tenancy Deposit: £980 Holding Deposit: £190 Entrance Hall - 0.88 x 1.55 (2'10" x 5'1") - Living Room - 3.09 x 4.27 (10'1" x 14'0") - Kitchen / Diner - 4.07 x 2.47 (13'4" x 8'1") - First Floor Landing - Bedroom One - 3.09 x 3.67 (10'1" x 12'0") - Bedroom Two - 2.18 x 3.08 (7'1" x 10'1") - Family Bathroom - 1.81 x 1.67 (5'11" x 5'5") - Council Tax Band B - Shropshire Council Epc Rating E - For a full copy of the Energy Performance Certificate please contact agents.
Assured Periodic Tenancy (Apt) - Viewings - By appointment only through Roger Parry & Partners Measurements - All measurements mentioned in these letting particulars are approximate Holding Deposit - PLEASE READ: Before your application can be fully considered, you will be required to pay Roger Parry & Partners a holding deposit equivalent to one week’s rent for the property you wish to apply for.
You are advised to familiarise yourself with your legal rights and may wish to seek independent legal advice before signing this or any other document provided by us.
Once the holding deposit has been received, current legislation allows a maximum of 15 days for the necessary paperwork to be completed.
This period may only be extended by written agreement between both parties.
The holding deposit may be retained in the following circumstances: •If you decide not to proceed with the tenancy during the 15-day period •If you unreasonably delay responding to reasonable requests from Roger Parry & Partners or Rightmove Landlord & Tenant Services •If you provide false or misleading information as part of your application •England only - If you fail the checks the Landlord is legally required to carry out under the Immigration Act 2014 (Right to Rent) In these circumstances, the holding deposit will be retained by Roger Parry & Partners and the Landlord.
If the Landlord decides not to proceed with the tenancy for reasons unconnected with the above, the holding deposit will be refunded within seven days.
If you are offered a tenancy and you accept it, the holding deposit can be credited towards the first month’s rent or tenancy deposit if all parties are in agreement.
Where the holding deposit is neither refunded nor credited, you will be provided with written reasons within seven days explaining why it has been retained.
By submitting your application, you agree to pay any such permitted fees if they become due.
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 Leabank Close, Herongate, Shrewsbury
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