2-bedroom flat · SY3 9FN
Listing removedListed 70 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
VIRTUAL TOUR AVAILABLE - An immaculately presented, good sized two bedroom second floor new build apartment, situated within this popular modern development, a short distance from both the Priory and Meole Brace secondary schools, Royal Shrewsbury Hospital and the town centre.
Includes parking for two cars.
Available: 10/11/26 Entrance Hall - Kitchen/Living Area - 5.62m x 3.94m - Bedroom One - 3.34m x 2.78m - En-Suite Shower Room - 2.10m x 1.50m - Bedroom Two - 2.74m x 2.71m - Bathroom - 2.41m x 1.88m - Comprising: Entrance hall, kitchen/living room with integrated oven, induction hob, fridge/freezer and washer/dryer, master bedroom with integrated wardrobes, en-suite shower room, further bedroom, bathroom including shower.
Gas central heating. Double glazing. Two allocated parking spaces. EPC B.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Drapers Rise, Sweetlake Meadow, Shrewsbury
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