2-bedroom house · WR15 8FH
Listing removedListed 156 days
Opportunity summary
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About
Shared ownership. Beautifully presented two bedroom semi-detached home located in Burford, Tenbury Wells. This property is still under NHBC certificate until 2030.
Having driveway parking for two cars and a side access gate to the rear gardens The accommodation offers a spacious living room, lovely and light kitchen/diner with a patio door opening to the gardens, utility area and cloakroom.
On the first floor there are two double bedrooms and a family bathroom.
Storage is at a premium in this property having a useful understairs built-in cupboard, built-in spacious cupboard on the landing with shelving and two built-in cupboards with shelving in bedroom one.
Mains drainage, mains gas central heating, fully double glazed. Shropshire council tax band B. Share of leasehold. EPC B.
The monthly rent for this property is currently £278.35, service charge payable to the landlord is £60.56 per month and there is 50% share available for purchase at £115,000 (this is a fixed price).
What is Shared Ownership? Shared Ownership is a government scheme that offers you the chance to buy a share of a property from a housing association, a non-profit-making body that provides homes.
Because you only own a part of the property, you can buy it with a smaller deposit and mortgage.
A smaller mortgage means smaller repayments but you’ll also need to pay monthly rent and the monthly service charge on the share of the property you do not yet own.
This property can be stair cased to 80%.
To be eligible for Shared Ownership you need to: Be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can't afford to buy now.
You must not own or be named on any other property.
Entrance Hall Wood effect flooring, radiator and stairs to the first floor Living Room (14' 1'' x 12' 6'' (4.3m x 3.8m)) Spacious room having wood effect flooring, radiator, useful understairs cupboard and window to the front elevation Kitchen/Diner (12' 2'' x 11' 2'' (3.7m x 3.4m)) Matching range of fitted wall and base units with laminate work tops, integrated appliances include, a fridge/freezer, electric oven, gas hob with a chimney style extractor over, one and a half bowl sink and drainer, radiator and patio doors open to the rear garden, space for a dining table and chairs Utility Area (5' 3'' x 4' 3'' (1.6m x 1.3m)) Space and plumbing for a washing machine and a tumble dryer, radiator WC (6' 3'' x 4' 3'' (1.9m x 1.3m)) White WC with a concealed cistern, wall hung hand wash basin, radiator, tiled flooring, extractor unit, window to the rear elevation First Floor Landing Fitted carpet, radiator, walk in cupboard with shelving, access to loft space Bedroom One (10' 10'' x 12' 6'' (3.3m x 3.8m)) Double bedroom with a fitted carpet, radiator, built-in wardrobe with double opening doors, built-in cupboard, two windows to the front elevation Bedroom Two (15' 9'' x 8' 10'' (4.8m x 2.68m)) Spacious double bedroom with a fitted carpet, radiator and window to the rear elevation Bathroom (6' 11'' x 6' 7'' (2.1m x 2m)) White suite comprised of WC with a concealed cistern, wall hung hand wash basin, bath with a thermostatic shower, chrome towel rail radiator, tiled flooring, extractor unit and window to the rear elevation Outside Having two parking spaces to the front of the property, also a side access gate and a path leads to the rear gardens.
The garden is well maintained with panelled fencing, astro turf area and patio area. There is an outside tap and power points.
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 26, Kingsacre Drive, Tenbury Wells
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