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See how verdicts work2-bedroom flat · SY6 7BL
Sold STCListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Clive Avenue is located on the eastern side of the Stretton Valley and is a sought after residential part of the town.
There are different styles of properties here ranging from the large Edwardian houses to modern houses and chalet style properties.
The views from Clive Avenue extend across the valley and town towards the beautiful Longmynd range of hills. Holmwood is a spacious detached Edwardian period property built around the 1900's.
The property was totally and tastefully renovated about seven years ago and converted into six self contained residential apartments.
Number 3 is located on the first floor with delightful and extensive views over the Stretton Valley towards the Longmynd Hills.
There is a private parking space for each apartment and number 3 also benefits from a secure storage room in the basement of the property.
There is a communal entrance porch and reception hall with two apartments on each floor.
THE TOWN OF CHURCH STRETTON Church Stretton lies amidst the south Shropshire Hills midway between the county town of Shrewsbury (13 miles) and Ludlow (14 miles).
It can claim to be one of the most beautifully situated towns in England and attracts walkers and country lovers from all over the UK.
This thriving community benefits from all types of societies, cafes, public houses and restaurants.
Being a popular market and tourist town it offers excellent shopping facilities, including a supermarket, specialist shops, ladies and men's fashion shops, and a building society agency based in 'Wrights' Estate Agents.
Including the picturesque neighbouring villages of All Stretton and Little Stretton it has a population of around 5,000.
There are churches, excellent schools, recreational facilities including 18-hole golf course, tennis, bowls and croquet. The 'Mayfair' community centre and GP practice provide a range of health care.
There are good rail and bus services. Telford lies within easy commuting distance where the M54 gives access to the West Midlands and Birmingham.
ACCOMODATION Steps lead up to Holmwood's attractive communal covered porch and reception hall with grand front door and period tiling floor with a staircase leading to Number 3.
ENTRANCE HALL with fitted carpet, radiator, two ceiling lights, two power points, smoke alarm, entry phone, storage cupboard with coat hooks and open doorway to:- Spacious SITTING ROOM/KITCHEN SITTING AREA (3.75m x 3.60m approx) (12'3" x 11'8" approx) with fitted carpets, radiator, six power points, two TV points, smoke alarm, ceiling light and large UPVC double glazed bay window (sash style) with stunning views of the Stretton Hills.
KITCHEN AREA (3.75m x 3.60m approx) (12'3" x 11'8" approx) ceramic tiled floor, large range of Kitchen units comprising of ten floor cupboards and nine wall cupboards and with Zanussi integrated washing machine, fridge freezer, dishwasher and a 'Neff' electric oven and four ring gas hob with stainless steel cooker hood over.
Sink and drainer with mixer tap, tiled splashbacks and laminate worktops. Peninsula breakfast bar.
Vaillant combi boiler concealed within wall cupboard, eight power points, ceiling spot lights, extractor fan, radiator and UPVC double glazed sash style window with stunning views of the Stretton Hills.
BEDROOM 1 (4.50m x 3.40m approx) (14'8" x 11'2" approx) with fitted carpets, four power points, two fitted double wardrobes, radiator, UPVC double glazed French windows leading to Juliette balcony, smoke alarm and ceiling light.
BEDROOM 2 (3.40m x 2.60m approx) (11'2" x 8'5" approx) with fitted carpet, six power points, TV point, ceiling light, smoke alarm, radiator and UPVC double glazed sash style window.
SHOWER ROOM with tiled floor, half tiled walls, window, extractor fan, heated (dual fuel) towel rail, ceiling spotlights, white suite with large walk in shower, WC and twin washbasin unit with large illuminated mirror over.
TENURE Each apartment will be sold as leasehold, with a share of the freehold, and there is a management company 'Holmwood Flat Management Ltd' in place, which each apartment owner acquiring a share of the company and a management agent in place to oversee the requirements.
Owners of the apartments shall be on a leasehold basis with a unexpired term of 191 years. An estimated service charge of £800.00 per annum suggested for the new Management Company sinking fund.
SERVICES We understand mains gas, electricity, water and drainage are connected.
COUNCIL TAX Band 'C' WATER AUTHORITY Severn Trent Water, Shelton, Shrewsbury SY3 8BJ Tel: LOCAL AUTHORITY Shropshire Council, Shirehall, Shrewsbury, SY2 6ND Tel: VIEWING By appointment through WRIGHTS ESTATE AGENTS telephone Office opening hours Monday to Friday 9am to 5pm.
Saturday 9am to 12 noon. Email: FINANCE SUPPORT We are local agents for the Yorkshire Building Society and can arrange appointments for purchasers requiring mortgages.
IMPORTANT NOTICE: Floor plan for illustrative purposes only, not to scale. All measurements and distances are approximate.
The particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; no person in the employment of Wrights Estate Agents has any authority to make or give any representation or warranty whatever in relation to this property.
We cannot verify the tenure, as we do not have access to the legal title; we cannot guarantee boundaries or rights of way so you must take the advice of your legal representative.
If there is any point that is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so particularly if contemplating travelling some distance to view.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About 3 Holmwood,Clive Avenue, Church Stretton, Shropshire, SY6 7BL
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