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See how verdicts work2-bedroom house · WV16 4BY
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOM first floor, Riverside apartment with balcony, in this McCarthy & Stone (over 60's) retirement development in Bridgnorth.
With regular public transport services to the High Street, there are also nearby local shops and walks along the River Severn.
The development has residents parking and an active social scene with a resident manager. NO UPWARD CHAIN.
Telford - 12 miles, Kidderminster - 14 miles, Wolverhampton - 14 miles, Shrewsbury - 20 miles, Stourbridge - 14 miles, Birmingham - 29 miles (All distances are approximate).
Location - The historic market town of Bridgnorth holds many local attractions and places of interest as well as offering an excellent range of facilities to include a local cinema and theatre along with a good selection of shops, hospital and healthcare services, restaurants, pubs and cafés.
There are local weekend markets, an array of sports facilities and local events held throughout the year.
These popular apartments have a nearby bus stop and convenience store selling hot lunchtime food and fresh meat and vegetables from the renowned Beamans family butchers.
A short stroll with bring you to the quayside viewing point along the River, whilst the funicular cliff railway links to the High Town.
Accommodation - By lift to the first floor, turn left and the apartment is on the left.
Commanding views of the River Severn, double doors from the dining area of the lounge open onto a Juliette balcony and the room has a feature fireplace.
The small kitchen is fitted with appliances to include an oven, hob, extractor hood fridge and freezer to complete the living area.
A good size hall includes an airing cupboards and cloaks cupboard with a fitted bathroom equipped with a bath, shower over and grab rails, WC and hand basin.
This rare apartment has two bedroom; both having views to the rear over the river and the principle bedroom having a comprehensive range of fitted furniture.
Communal Resident Areas - Entry into Lavington Court is through a security intercom. A house manager has an office at the entrance and normally works during office hours.
Beyond is a communal comfortable lounge for residents and guests for resident activity or just social.
Outside - There is a communal car park to the rear with gardens and potential on road parking to the front. Tenure And Service Charge - We are advised the property is Leasehold.
Service charges and ground rents apply. The Freehold is held by First Port Retirement. Service Charge March - August £2,906.21 (half yearly).
Ground Rent March - August £248.58 (Half yearly) Fixtures And Fittings - By separate negotioation Council Tax - Shropshire Council.
Council Tax Band: C Viewing Arrangements - Strictly by appointment through BERRIMAN EATON - BRIDGNORTH OFFICE Directions - Leave Bridgnorth High Town and proceed towards Low Town via Pound Street which continues onto Underhill Street.
The entrance to Lavington Court can be found on the right hand side just before Woods Dry Cleaners and Beamans Butchers.
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
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FAQ
About 12 Lavington Court, Underhill Street, Bridgnorth
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