2-bedroom flat · SY3 5FW
Listing removedListed 46 days
Opportunity summary
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About
Occupying a desirable ground floor position within a historic conversion, this substantial two-bedroom, two-bathroom apartment combines period grandeur with modern specification and private outdoor space.
The development retains the impressive architectural character of the original Victorian hospital building, with striking façades, generous proportions and landscaped grounds that honour its heritage.
Internally, the property has been thoughtfully designed to deliver contemporary comfort while showcasing the scale and elegance of the original structure.
The accommodation is accessed via a well-maintained communal entrance and opens into a particularly spacious hallway with integrated storage.
High ceilings and tall internal doors are consistent throughout, contributing to a light and airy feel.
Key interior features include: Spacious open-plan living and dining area with excellent natural light and garden outlook Modern fitted kitchen with ample worksurface space and integrated appliances Principal bedroom suite with fitted wardrobes and contemporary en-suite shower room Second well-proportioned double bedroom Stylish family bathroom with bath and shower facilities High ceilings throughout Externally, the property enjoys its own private garden, a rare feature for apartments within historic conversions.
This provides a valuable extension of the internal living space and creates a versatile setting for outdoor dining, planting or quiet relaxation.
External features include: Private garden directly accessed from the apartment Two allocated parking spaces Visitor parking available within the development The location offers strong lifestyle appeal, with Shrewsbury town centre easily accessible and providing a wide choice of independent shops, national retailers, cafés, dining options and cultural venues.
Transport links are excellent, with convenient road access to the A5 and M54 corridor and a nearby rail connection offering services to Birmingham, Manchester and London.
This distinctive apartment represents an exceptional opportunity for those seeking a home that blends heritage, quality finishes and practical convenience in a well-connected Shropshire setting.
The combination of private outdoor space, period attributes and a considered modern layout makes it stand out as one of the more unique residences within this landmark conversion. EPC rating: C.
Tenure: Leasehold, Service charge description: Principle Estate Management Paid half yearly 1st Jan - 1st July, Length of lease (remaining): 188 years 9 months, HALLWAY 3.11m x 1.07m (10'2" x 3'6") KITCHEN/LIVING AREA 5.99m x 6.82m (19'8" x 22'5") BEDROOM 1 6.08m x 3.47m (19'11" x 11'5") EN-SUITE 1.35m x 2.88m (4'5" x 9'5") BEDROOM 2 2.89m x 3.45m (9'6" x 11'4") BATHROOM 1.35m x 2.88m (4'5" x 9'5")
Value & comps
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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.
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About The Furlongs, Bicton Heath, Shrewsbury, SY3
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