2-bedroom flat · SY2 5BY
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This neatly presented ground floor apartment offers spacious and well-designed accommodation, benefiting from private allocated parking and attractive communal gardens, while being quietly situated within a sought after area, just a ten minute walk from the town centre.
All mains services are connected Key Features - * Good sized entrance hall with useful storage * Lovely open plan living/dining room with views to front * Fitted kitchen with integrated oven and space for appliances * Main double bedroom with en-suite shower room * A further generous bedroom and separate family bathroom * uPVC double glazed windows and gas fired central heating * Private allocated parking to the front of the building * Well-kept communal gardens for residents to enjoy, as well as bicycle and bin storage * The property is situated within a short walk of the town centre and train station, as well as a range of bars, restaurants, excellent amenities and beautiful riverside walks * Ideal for first time buyers, investors or downsizers * Sold vacant with no upward chain Entrance Hall - Living Room - about 4.7 x 3.5 (about 15'5" x 11'5") - Kitchen - about 1.8 x 2.3 (about 5'10" x 7'6") - Bedroom One - about 3.6 x 2.6 (about 11'9" x 8'6") - En-Suite - about 1.77m x 1.67m - Bedroom Two - about 3.6 x 1.9 (about 11'9" x 6'2") - Bathroom - about 1.90m x 1.76m -
Value & comps
No previous sales on record.
Returns
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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 Wilfred Owen Close, Underdale Road, Shrewsbury
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