8-bedroom house · SY1 1PU
For saleReduced £40k (−4.8%) on 26 MayListed 985 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an exceptional investment opportunity in the heart of the town centre, this impressive mixed-use property has been thoughtfully modernised to provide high-quality accommodation across multiple levels.
Combining character with contemporary finishes, the building is ideally suited to both long-term tenants and the thriving short-term rental market.
Beyond its strong financial appeal, the property offers a compelling lifestyle opportunity.
Ideal for those seeking a change of pace, it allows for a blend of home and income in one central location - perfect for buyers looking to step away from the traditional 9–5 and enjoy a more flexible, semi-retired way of living.
With multiple self-contained units already in place, the property is perfectly configured for short term lets or serviced accommodation, enabling consistent income while keeping personal living costs low on-site.
The current setup supports an efficient, manageable operation with potential to generate circa £30,000 annual profit based on part-time management (approximately 15 hours per week).
Situated in a prime town centre location with strong visitor demand, this is a rare opportunity to acquire a versatile, income-generating asset that supports both financial return and lifestyle flexibility.
At ground floor level, a tenanted retail unit is occupied by an established professional business, providing a reliable and consistent income stream.
Complementing this are two fully furnished, well-appointed apartments (one two-bedroom and one studio), ideally suited to short-term rental use and already aligned with strong ongoing demand.
The first floor hosts a stylishly refurbished two-bedroom apartment, finished to a high standard and perfectly suited to short term lets or serviced accommodation guests seeking comfort and convenience in a central location.
Occupying the upper levels is a spacious three-bedroom main residence, offering a flexible layout that can accommodate larger guest groups or, alternatively, provide excellent owner-occupier accommodation.
This creates an ideal setup for lifestyle buyers or entrepreneurs looking to live on-site while managing and benefiting from the income-generating elements of the property, helping to minimise personal living costs.
Overall, the property presents a well-balanced combination of steady commercial income and scalable short-term rental potential.
Its current configuration supports an efficient, part-time managed operation, making it particularly attractive for those seeking a lifestyle change, semi-retirement income, or an opportunity to step away from a traditional 9–5 while maintaining strong earning potential.
A rare opportunity to acquire a versatile, income-producing asset in a prime town centre location—offering both financial return and lifestyle flexibility.
Please contact Samuel Wood for further details or to arrange a viewing and fully appreciate the scope of this exceptional opportunity.
Services: We understand that the property has mains gas, mains electricity, mains water and mains drainage. Broadband Speed: Basic 16 Mbps, Superfast 80 Mbps & Ultrafast 330 Mpbs Flood Risk: Medium.
Tenure: We understand the tenure is Freehold Local Authority: Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND.
Tel Council Tax Band: tbc Mortgage Services: We offer a no obligation mortgage service through Hilltop Mortgage Solutions. Please ask a member of our team for further details.
Referral Services: Samuel Wood routinely refers vendors and purchasers to providers of conveyancing and financial services.
We may receive fees from them as declared in our Referral Fees Disclosure Form.
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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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.
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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.
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