1-bedroom flat · SY1 2DJ
To rentReduced £30 (−3.6%) on 13 OctListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious one bedroom apartment is located in the heart of Shrewsbury town centre.
It is located on the first floor of this attractive period building occupying an unrivalled location close to the towns train/bus stations and town centre amenities.
It offers excellent flexible living space and includes an entrance hall with main door intercom facility, open plan kitchen/living room, large double bedroom and shower room.
The apartment comes equipped with washer drier and fridge/freezer. All rooms enjoy enviable views of the surrounding area giving it a spacious urban feel.
Early viewing is highly recommended as demand is likely to be high for this apartment in such a desirable location within the town. Secure parking close by is also available by separate negotiation.
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 Apartment 3 Castle Pointe, Castle Foregate, Shrewsbury
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