2-bedroom terraced house · SY3 7QZ
Sold STCListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A highly desirable mature terraced house, providing rooms of pleasing proportion set with generous gardens in this most convenient location.
Directions - From Shrewsbury Town Centre proceed down Wyle Cop and over the English Bridge staying in the right hand lane, proceeding around the gyratory heading towards Coleham.
Continue along Belle Vue Road and proceed onto Hereford Road and the property will be identified on the left hand side clearly identified by a Halls For Sale Board.
Situation - The property is conveniently positioned within close proximity to a number of local amenities together with a popular retail park in Meole Brace.
Shrewsbury Town Centre offers a fashionable and comprehensive range of social and leisure amenities together with a rail service.
Commuters will be pleased to note there is excellent access on to the A5 which links around to the M54 motorway and towards Telford and the Midlands.
Description - A charming period terraced home offering well-proportioned accommodation and generous rear gardens, ideally suited to first-time buyers, downsizers or investors alike.
The ground floor comprises a useful entrance porch leading into a welcoming living room featuring an attractive brick and tiled fireplace.
A centrally positioned dining room provides an excellent space for entertaining and leads through to a well-fitted kitchen located at the rear of the property.
Completing the ground floor is a rear hall with door opening out to the gardens, together with the family bathroom.
In addition, the property benefits from a useful tanked cellar, providing valuable dry storage space. To the first floor are two well-proportioned bedrooms.
Externally, the majority of the gardens are situated to the rear and offer a delightful outdoor space.
A block-paved sun terrace provides the perfect seating area for al fresco dining, leading onto flowing lawns bordered by well-stocked shrubbery beds.
To the far end of the garden are a number of raised beds and a useful storage shed.
General Remarks - Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Fixtures And Fittings - Only those items described in these particulars are included in the sale. Tenure - Freehold. Purchasers must confirm via their solicitor.
Services - Mains water, electricity, gas and drainage are understood to be connected. None of these services have been tested.
Council Tax - The property is in Council Tax band 'B' on the Shropshire Council Register. Viewings - By appointment through Halls, 2 Barker Street, Shrewsbury, SY1 1QJ.
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
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FAQ
About 111 Hereford Road, Shrewsbury, SY3 7QZ
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