Property · SY1 4SF
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The site offers a prominent commercial/residential development opportunity, currently comprising two single storey garages and large forecourt parking.
The site has previously been granted planning permission for the erection of a 4-bed dwelling under reference 22/03073/FUL, but also offers scope for commercial development, subject to planning.
The site is regular in shape and extends to approximately 0.076 acres (307 sqm).
The property occupies a highly prominent location fronting Ditherington Road and Heathgates roundabout within this established residential and commercial area approximately 1.5 miles north of Shrewsbury Town Centre.
Shrewsbury is the County Town and main administrative centre of Shropshire and is located at the intersection of the main A5 and A49 trunk roads, approx.
12 miles west of Telford, 45 miles north west of Birmingham and 45 miles south of Chester. The site is understood to be of Freehold tenure and is offered for sale by private treaty.
The vendor is unable to give warranties on ground & building conditions, environmental matters, services, third party rights, etc. Purchasers must make their own enquiries and investigations.
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 Land at Heathgates, Shrewsbury, SY1 4SF
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