2-bedroom flat · SY2 6JX
For saleListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An incredibly well appointed, spacious and immaculately presented retirement apartment, situated on the first floor of the sought after Summerfield Place development, that offers a great communal sitting/kitchen area and beautiful gardens.
Directions - What3words: ///bonus.decent.powers Situation - The apartment is situated for easy access to a variety of excellent local amenities including Sainsbury's local supermarket, public houses, take-away outlets, independent restaurant's and cafe's as well as tranquil riverside walks leading to The Quarry Park and the historic town centre of Shrewsbury.
Description - 25 Summerfield Place is a substantial, well appointed, immaculately presented and impressive two double bedroom retirement apartment set on the first floor.
The complex offers a residents lounge as well as beautifully landscaped communal grounds, a privately owned car parking space, 24 hour emergency call system, house manager, separate guest accommodation and lift access to all floors.
Entrance Hall - With access to second shower room, lounge, bedroom/dining room, master bedroom and utility, housing the boiler, Bosch washer/dryer, Ventaxia controls and storage, radiator.
Lounge - 7.37m x 3.45m (24'2" x 11'4" ) - Two radiators, patio door to Juliet balcony overlooking the gardens.
Door to:- Kitchen - 2.74m x 2.44m (9'0" x 8'0" ) - With built in Bosch fridge/freezer, Bosch 4 ring hob, extractor over, Bosch oven, ample storage cupboards, granite type worktops and sink.
Plumbing for dishwasher. Second Bedroom Or Dining Room - 5.92m x 3.05m (19'5" x 10'0") - With double built in "Sharps" wardrobes/shelved cupboards, double built in bookcases, radiator.
Shower Room - Good sized walk in shower, vanity basin with cupboard under, WC suite and heated towel rail.
Master Bedroom - 7.32m x 2.84m (24'0" x 9'4") - Radiator, extremely large well fitted walk-in wardrobe and store cupboard, built in "Sharps" shelved linen cupboard.
Ensuite - Very large shower, vanity basin with cupboard under, WC suite, heated towel rail.
Outside - Electric gated access leads to a secure residents car park where there is an allocated car parking space and visitor parking.
There are a variety of beautifully kept communal grounds with seating areas to the rear.
General Remarks - Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Fixtures And Fittings - Only those items described in these particulars are included in the sale.
Terms Of Lease - 999 years from June 2018 - 992 years remaining Ground rent: £247.50 every 6 months Service charge: £5198 per annum Services - Mains water, electricity, drainage are all available to the property.
If there is a telephone installed it will be subject to British Telecom regulations. None of these services have been tested.
Council Tax - The property is in Council Tax band 'D' on the Shropshire Council Register. Viewings - By appointment through Halls, 2 Barker Street, Shrewsbury, SY1 1QJ.
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
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FAQ
About 25 Summerfield Place, Wenlock Road, Shrewsbury, SY2 6JX
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