2-bedroom terraced house · WV15 5BU
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modernised two bedroom mid-terrace home in a courtyard setting, ideally situated within easy walking distance of local amenities in Bridgnorth's Low Town.
The property benefits from private parking and a low-maintenance patio area to the rear.
Much Wenlock - 9 miles, Telford - 13 miles, Kidderminster - 14 miles, Shrewsbury - 22 miles, Ludlow - 21 miles, Wolverhampton - 14 miles, Birmingham - 33 miles.
(All distances are approximate) Location - Situated within Low Town, this highly commutable location enjoys convenient access to both the A442 and A458, making it ideal for commuters and families alike.
The historic market town of Bridgnorth offers an exceptional range of amenities and attractions, many of which can be reached on foot.
Renowned for its character and charm, Bridgnorth is home to an array of historic architecture, listed buildings and beautiful churches, all set alongside the picturesque banks of the River Severn.
Residents can enjoy scenic riverside walks, excellent cycling routes and access to surrounding countryside, providing the perfect balance between town and country living.
A variety of popular local attractions are nearby, including Bridgnorth Golf Club, Severn Park, Cliff Railway and the renowned Severn Valley Railway.
The bustling High Street offers a diverse selection of independent shops, cafés, pubs and restaurants, complemented by regular farmers’ markets and a variety of themed community events throughout the year.
The town also benefits from excellent everyday amenities, including supermarkets, healthcare services, a hospital, leisure facilities and a wide range of sports clubs.
Families are particularly well served by a strong selection of respected primary and secondary schools, while entertainment options include the town’s charming art deco cinema and the Theatre on the Steps, which hosts an exciting programme of drama, music and dance performances throughout the year.
Accommodation - The front door opens into the lounge, having a window overlooking the front elevation. Stairs rise to the first floor landing, while a doorway leads through to the kitchen.
The kitchen is re-fitted with a range of high gloss wall and base units with work surfaces over and incorporates a sink unit, built-in microwave, oven and gas hob with extractor hood above.
There is space and plumbing for a washing machine, together with provision for a fridge.
A useful understairs storage cupboard provides additional storage space, and a rear door gives access to the patio garden.
From the lounge, stairs rise to the first floor landing, which leads to two double bedrooms and a re-fitted shower room. The shower room is fitted with a WC, wash hand basin and shower cubicle.
Outside - Accessed from St Johns Street, a communal courtyard provides allocated parking for the residents. The property benefits from one designated parking space.
To the rear, the courtyard garden is accessed directly from the kitchen and comprises a low maintenance paved patio terrace, enclosed by wall boundaries to provide a private outdoor seating area.
Services - We are advised by our client that all mains services are connected. Verification should be obtained by your surveyor.
Tenure - We are advised by our client that the property is LEASEHOLD, but the purchase price includes an already agreed lease extension. Verification should be obtained by your solicitor.
Vacant possession on completion.
Lease start date - 24th June 1988 Lease Term - 99 years Years Remaining - 61 years Ground Rent - Approx £40 PA Lease details, service charges, ground rent and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
Council Tax - Shropshire Council. Tax Band: B. Fixtures And Fittings - By separate negotiation. Viewing Arrangements - Strictly by appointment only. Please contact the BRIDGNORTH OFFICE.
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.
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About 2 Monks Court, Bridgnorth
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