1-bedroom flat · SY1 1HR
Sold STCListed 482 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive one bedroom apartment located on the 1st floor of this prominent town centre property with excellent views towards Barker Street.
Accommodation includes Entrance Hall, Living Room, Modern Kitchen, Double Bedroom and Modern Shower Room.
No Upward Chain Accommodation comprises Hall 2' 11'' x 14' 10'' (0.89m x 4.52m) Living Room 13' 0'' x 14' 10'' (3.96m x 4.52m) Double glazed window with views down Barker Street, electric panel heaters.
Kitchen 8' 2'' x 8' 7'' (2.49m x 2.61m) Nicely fitted with good range of units, laminated work tops, inset sink unit, integrated oven and hob with filter hood over, double glazed window.
Bedroom 8' 5'' x 10' 9'' (2.56m x 3.27m) Fitted wardrobe, double glazed window.
Shower Room 3' 9'' x 6' 10'' (1.14m x 2.08m) Attractively fitted with white 3 piece suites including shower cubicle, wash basin, WC, tiled walls, heated towel rail.
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
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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 Theatre Royal Apartments, Shoplatch, Shrewsbury, SY1 1HR
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