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See how verdicts work2-bedroom terraced house · SY2 5NY
Sold STCReduced £5k (−2.2%) on 26 OctListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a very attractive mid terraced house with a well presented interior and a lovely private south facing rear garden.
The property is located in a popular and convenient area, a short walk from some excellent amenities, as well as being just 10 minutes from the town centre.
All mains services are connected Key Features - * Separate living and dining rooms with wood effect flooring and original cast iron fireplace and range.
* Fitted kitchen with tiled flooring, window and part glazed door to rear. * Ground floor bathroom and access to a useful cellar.
* Door to an enclosed staircase from the dining room to the first-floor landing, where there are stripped pine doors to the two double bedrooms.
* Replacement double glazed windows and gas fired central heating with a new Worcester combi boiler fitted in March 2021 * Paved courtyard to rear, from which there is access to a good sized south facing mature garden with paved sun terrace.
There is also a brick-built store. * Great location on a popular street, just a stone's throw from the local deli/butchers, supermarket and a good pub/restaurant.
The beautiful Reabrook nature reserve is also just a few minutes' walk from the property and the town centre is under a mile away. * No onward chain.
Living Room - about 3.2 x 3.6 (about 10'5" x 11'9") - Dining Room - about 3.6 x 2.8 (about 11'9" x 9'2") - Kitchen - about 2.4 x 3 (about 7'10" x 9'10") - Bedroom One - about 3.3 x 3.7 (about 10'9" x 12'1") - Bedroom Two - about 3.7 x 2.7 (about 12'1" x 8'10") -
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
FAQ
About Preston Street, Shrewsbury
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