2-bedroom flat · SY1 1JQ
For saleReduced £10k (−2.5%) on 26 MayListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious 2-bedroom apartment is located on the first floor within an exclusive development of six luxury apartments.
Providing a perfect fusion of original character with contemporary interiors, accommodation includes: Impressive split level Entrance Hall, Enormous open plan Living/Dining/Kitchen with vaulted ceiling, useful Utility Room, splendid main Bedroom with fitted Dressing Room and En-suite Shower Room, further large double Bedroom and main Bathroom.
GCH (cost included within the management fee). Wonderful town centre lifestyle with all facilities just moments away.
The accommodation comprises Entrance Hall 15' 7'' x 8' 6'' (4.75m x 2.59m) An inviting split-level room with oak flooring, built-in cloaks cupboard and space to create a Study Area.
Open-Plan Living/Dining Room/Kitchen 22' 9'' x 22' 4'' (6.93m x 6.80m) You will immediately be drawn to the high vaulted ceiling.
The room provides ample Living and Dining space while the Kitchen area is well fitted with contemporary units, Neff integrated appliances including oven, microwave, hob and wine cooler, spaces for dishwasher and fridge/freezer, matching island with breakfast bar, 4 sash windows providing excellent natural lighting.
Utility Room 6' 8'' x 4' 7'' (2.03m x 1.40m) Work surface with matching units, space and plumbing for washing machine and tumble dryer, storage units, window to the side.
Bedroom 1 11' 4'' x 10' 10'' (3.45m x 3.30m) Providing fitted handmade chests of drawers, headboard and side shelves, oak flooring, 2 sash windows to the side.
Dressing Room 7' 10'' x 6' 11'' (2.39m x 2.11m) Fitted with a selection of wardrobes, oak flooring and double glazed skylight.
En-suite Shower Room Fitted with contemporary suite providing large walk-in shower cubicle, wash basin and WC, 2 windows to the side.
Bedroom 2 11' 8'' x 11' 4'' (3.55m x 3.45m) Oak flooring, 2 sash windows, fitted wardrobes.
Bathroom Fitted with contemporary 3-piece suite providing 'P' shape bath with tiled walls around and shower unit with screen, wash basin and WC, sash window to the rear.
Parking Private parking is available. The approximate cost as of January 2025 is £39.48 per calendar month.
Lease Details The property is held on a 199 years lease from 01.01.2008 (181 years remaining).
The purchaser will own 1/6 share of the freehold and will be shareholders/directors of the management company.
An annual service charge is payable for the maintenance of the exterior of the building, cleaning and maintenance of communal areas.
It also including the buildings insurance and hot water and heating to the apartment. The current monthly service charge is £209.43.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 St. Johns Hill, Shrewsbury, Shropshire, SH1 1JQ
Explore nearby
