2-bedroom flat · SY3 5FW
Listing removedListed 733 days
Opportunity summary
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About
A modern and beautifully presented 2 bedroom apartment offering spacious accommodation throughout.
Located on the recently developed Leighton Park site in Bicton Heath and benefits from many local amenities nearby.
Communal Entrance, Private Staircase To First Floor, Bright Landing Area, Living Room, Modern Kitchen/Dining Room, 2 Double Bedrooms, En-suite and Bathroom, 2 Allocated Parking Spaces and Communal Gardens.
Accommodation comprises Communal Entrance Composite entrance door, radiator, storage space, carpeted staircase to First Floor Apartment.
First Floor Landing 13' 5'' x 3' 5'' (4.09m x 1.04m) Wooden sash window facing communal car park, built in storage cupboard, radiator, telecom system for visitors.
Living Room 16' 3'' x 12' 1'' (4.95m x 3.68m) 2 radiators, 3 windows overlooking Communal Gardens, carpet.
Kitchen/Dining Room 11' 10'' x 11' 4'' (3.60m x 3.45m) Beautifully fitted with contemporary range of units, integrated microwave, oven, 4 ring gas hob with stainless steel splash and filter hood above dishwasher, fridge and freezer.
Tiled flooring, radiator, window to the front.
Bedroom 1 22' 6'' x 11' 4'' (6.85m x 3.45m) A lovely large bedroom, carpet, built in wardrobe with mirror fronted sliding doors, 2 sash windows to the front, 2 radiators.
En Suite Shower Room Fitted with white 3 piece suite including tiled corner shower cubicle, wash basin and WC, tiled flooring, half tiled walls, extractor fan towel radiator.
Bedroom 2 24' 6'' x 9' 5'' (7.46m x 2.87m) Another lovely big bedroom with carpet, 2 double radiators, sash window overlooking Communal Gardens.
Bathroom Fitted with white 4 piece suite including bath, wash basin and WC set to vanity unit with storage, tiled corner shower cubicle, part tiled walls, tiled flooring, towel radiator, extractor, sash facing Communal Gardens.
Outside Leading out from the main entrance there is a communal carpet with allocated parking space with additional visitor parking close by. To the rear are Communal Gardens.
Lease Details There are 192 years left on the lease. Ground Rent is £275 per annum and Service Charge is £1550 per annum.
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 The Furlongs, Bicton Heath, Shrewsbury, SY3 5FW
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