1-bedroom flat · SY1 2UG
Sold STCListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal First Home with Private Garden, Allocated Parking & No Upward Chain Perfectly suited to first-time buyers, investors or those looking to downsize, this well-presented one-bedroom first floor maisonette enjoys its own private entrance, allocated parking space and enclosed garden.
Conveniently located within a 30-minute walk of Shrewsbury town centre, the property also benefits from an impressive 149-year lease and is offered to the market with no upward chain .
Accessed via its own private front door to the rear of the building, stairs lead to a spacious landing, providing a useful additional storage area before entering the apartment itself.
The accommodation comprises a bright and airy open-plan living and kitchen area, creating a sociable space for relaxing and entertaining, a generous double bedroom complete with a built-in wardrobe, and a white bathroom fitted with a white suite and shower over the bath.
Outside, the property benefits from an allocated parking space and a private enclosed garden, offering an excellent outdoor space to enjoy during the warmer months.
The location is another real highlight. Just a short stroll away is Sydney Avenue, where scenic riverside walks along the River Severn begin.
The nearby recreation ground offers a children's play area and a popular coffee shop, while the Castlefields neighbourhood provides a convenience store, community hall and local pubs, making everyday amenities easily accessible.
Combining low-maintenance living with private outdoor space, allocated parking and an excellent lease length, this attractive maisonette represents a fantastic opportunity for first-time buyers or buy-to-let investors alike.
Key Features First floor maisonette with its own private entrance One double bedroom with built-in wardrobe Open-plan kitchen/living area Bathroom with shower over the bath Private enclosed garden Allocated parking space Approximately 448 sq ft (41.6 sq m) 149 years remaining on the lease Walking distance to Shrewsbury town centre Close to riverside walks and local amenities No upward chain EPC rating: E.
Tenure: Leasehold, Service charge description: paid on 28th of each month Bromford Housing is managing agent, Length of lease (remaining): 148 years 10 months, Landing 2.08m x 2.04m (6'10" x 6'8") Inner Landing 2.41m x 0.84m (7'11" x 2'9") Ktichen/Living Area 5.58m x 2.99m (18'4" x 9'10") Bedroom 3.16m x 2.89m (10'4" x 9'6") Bathroom 1.69m x 1.99m (5'7" x 6'6") Services We understand that mains water, electricity, and drainage are all available to the property.
None of these services have been tested. If there is a telephone installed it will be subject to British Telecom regulations.
Tenure We are advised that the property is leasehold however this has not been verified and confirmation will be forthcoming from the vendors solicitors during pre-contract enquiries.
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
Agent & docs
FAQ
About Darville, Castlefields, Shrewsbury, SY1
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