3-bedroom house · SY3 7TN
Let agreedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**newly decorated and carpeted 3 bedroom terraced home** The accommodation briefly comprises; Living Room, Kitchen/Dining Room. To the first floor; Three Bedrooms, Family Bathroom.
The property benefits from Parking and rear garden which is paved with gravel area.
Viewing essential Living Room With wood effect flooring, electric fire, window to front aspect, under stairs cupboard Kitchen/Dining Room With wood effect flooring, newly fitted kitchen with wood effect worktops, sink set into base unit.
Recess for oven/grill/hob, recess for fridge freezer and washing machine.
Patio doors leading to outside Stairs And Landing With new carpets, cupboard housing boiler Bedroom 1 New carpets, radiator, window to rear aspect Bedroom 2 New carpets, radiator, window to front aspect Bedroom 3 New carpets, radiator, window to front aspect Garden And Outdoors The property benefits from parking, rear garden enclose with wooden fencing, paved for ease of maintenance.
Information for tenants: Rent: £965 per calendar month Deposit: £1113 Monks have considered that the deposit for this property is Equivalent to 5 weeks rent Holding Deposit: £222 Equivalent to 1 Weeks Rent Council Tax Band: B Please confirm the Council Tax band via Shropshire Council Term: Assured Periodic Tenancy Measurements: All measurements are approximate Services: We are advised that mains water, gas and electric are available Viewings: Strictly by appointment with the letting agents Variation of Contract (Tenant’s Request): £50 (inc.
VAT) per agreed variation.
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents Change of Sharer (Tenant’s Request): £50 (inc.
VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Keys: Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 4, Overcross, Shrewsbury
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