2-bedroom flat · SY1 2UJ
Sold STCReduced £8k (−6.4%) on 26 MayListed 564 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This neatly presented first floor apartment offers very light and well-proportioned accommodation, situated within walking distance of the town centre, while benefitting from a private garden and parking.
Mains water, electricity and drainage are connected.
Heating is electric Key Features - * Private entrance hall and staircase to the first-floor landing, which has useful storage * South facing open plan living/dining room * Separate kitchen and pantry/store with plumbing connection for a washing machine * Two generous bedrooms (one double and a large single) and a family bathroom with shower * uPVC double glazed windows and electric heating * Private garden, gravelled for easy maintenance, with gated access to the front * Allocated parking space to the rear of the property * A fantastic location within a quiet residential area, close to lovely river walks, various amenities, the train station and town centre * This property is restricted to over 55's only * Sold with no upward chain Living/ Dining Room - about 4.2m x 4.0m (about 13'9" x 13'1" ) - Kitchen - about 3.4m x 2.0m (about 11'1" x 6'6" ) - Bedroom One - about 3.8m x 3.0m (about 12'5" x 9'10" ) - Bedroom Two - about 2.8m x 2.2m (about 9'2" x 7'2" ) - Bathroom -
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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About Newent Close, Shrewsbury
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