1-bedroom flat · SY13 1DP
To rentListed 75 days · slow let
Opportunity summary
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About
A deceptively spacious one-bedroom, second-floor apartment, ideally situated in a popular location in the heart of the thriving market town of Whitchurch.
Description - 40 Watergate Street occupies a particularly convenient position in the heart of the thriving and increasingly popular market town of Whitchurch.
The town offers a comprehensive range of amenities, including supermarkets, schools, restaurants, public houses and medical facilities, while the property is just a stone’s throw from the popular Watergate Shopping Arcade, home to a variety of independent shops and cafes.
The surrounding county centres of Shrewsbury, Wrexham and Chester are all within comfortable travelling distance and provide a wider range of amenities, together with an excellent selection of cultural, artistic and leisure attractions.
Whitchurch also provides excellent access to the wider region, with the town’s central railway station offering convenient rail connections, while the A41 and A49 provide easy road access and skirt the town.
40 Watergate Street is a building comprising three well-proportioned apartments, each accessed via a communal entrance leading to a central stairwell.
Flat 3 is situated on the second floor and offers a surprisingly spacious level of accommodation.
The property comprises a generous Living/Dining Room, a large bedroom, a galley-style Kitchen and a modernised Bathroom.
On-street parking is available nearby, with a number of public car parks conveniently located throughout the town.
The Accommodation Comprises: - Entrance Hall: Living Room: 3.70m x 3.64m Bedroom: 4.38m x 3.38m Kitchen: 3.40m x 1.79m Bathroom: 1.82m x 1.74m Terms - The property is offered on an APT, with longer term tenants preferred.
Pets to be declared prior to viewings Holding Deposit - A holding deposit equal to one week's rent will be due upon application.
Security Deposit - A deposit equal to five weeks' rent will be due to be held by the DPS. A deposit free option via Reposit is available.
Local Authority - Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND. Council Tax - Flat 3 is in band 'A' on the Shropshire Council Register.
Services - We understand the property to benefit from mains water, electric, drainage, and gas. Viewings - By appointment through Halls, The Square, Ellesmere, Shropshire. Tel: .
W3w - ///harvest.spaceship.endings
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
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FAQ
About 40 Watergate Street, Whitchurch
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