2-bedroom flat · SY1 1XJ
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
You could not fail to be impressed by the striking layout of the spacious. 'L' shaped apartment, located on the first floor with a common entrance shared by just one other apartment.
Situated just a few yards from The English Bridge, on the town side, at the bottom of The Cop, with views across to some of Shrewsbury's finest historical buildings.
From the common entrance, a door leads to the entrance hall with entry phone and generous built-in airing cupboard.
To the right of the hall is the second bedroom, which is an excellent double room with an attractive en-suite shower room.
A further door from the hall leads to the open-plan living room/kitchen with two large sash windows overlooking the cop.
The kitchen is comprehensively fitted with brand new units and integrated appliances, including fridge/freezer, hob, oven and extractor hood.
To the left of the apartment lies the main double bedroom, again with two sash windows overlooking The Wyle Cop, and a further en-suite shower room.
The bedroom arrangement is perfect for people sharing accommodation, or for accommodating visitors. On this occasion, seeing really is believing.
Accommodation comprises Door to Entrance Porch which is shared with just one other apartment (Apartment 8). Entrance Hall Airing cupboard.
Open Plan Living Room/Kitchen 2 sash windows overlooking Wyle Cop to the front, wood effect laminate flooring.
The Kitchen is fitted with an attractive range of 2 tone units with ample work surfaces, inset sink unit and induction hob with filter hood above, further integrated appliances include fridge, freezer, oven and washer/dryer.
Bedroom 1 A lovely double room with 2 sash windows overlooking Wyle Cop and providing excellent natural lighting. En Suite Shower Room Fitted with shower cubicle, wash basin and WC.
Bedroom 2 Double glazed window to the front. En Suite Shower Room With wash basin, WC and shower cubicle.
Agents' Note Due to the proximity of commercial properties in the area, mortgages may be slightly more difficult to obtain. We would advise checking this with your mortgage advisor or lender.
Value & comps
No previous sales on record.
Returns
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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 Old Wherry Passage, Wyle Cop, Shrewsbury, SY1 1XJ
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