We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SY3 7BS
Sold STCListed 307 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A most desirable and attractively proportioned second floor retirement apartment with lift access, communal gardens and communal parking (first come first served), in a lovely development located close to local amenities and within easy access of the town centre.
Directions - From Shrewsbury Town Centre proceed over the English Bridge and bear right around onto the gyratory system.
Once under the railway bridge bear left onto Coleham Head and take the first right turn into Longden Coleham. Proceed for a short distance and the development will be found on the right hand side.
Situation - The property is located in a highly desirable position within this sought-after development of purpose-built retirement apartments.
A selection of amenities are provided close by including cafés, hairdressers and a convenience store.
Easy access is gained to the town centre which offers a fashionable and comprehensive range of social and leisure facilities, together with a rail service.
Description - A well presented and spaciously proportioned purpose built second floor retirement apartment offering naturally well lit accommodation, lift access and an attractive elevated courtyard aspect within a popular McCarthy & Stone development.
Set within beautiful communal landscape gardens adjoining the River Severn.
The accommodation itself offers a generous size reception hall with access off to the main accommodation including a particularly generous size lounge/diner, whilst twin doors open to a well equipped kitchen.
Both these rooms overlook the central courtyard. The double bedroom features a built in wardrobe and is again well proportioned and overlooks the courtyard.
The bathroom includes a fitted wide shower, vanity unit with cupboard space and a WC.
Communal Areas - In addition to the communal gardens, there is an on-site house manager (during office hours) and a 24 hour residents care helpline, residents lounge with regular social activities and guest suite for family visits, together with a communal laundry facility.
There is also parking for residents and visitors. General Remarks - No onward chain, ready for immediate possession.
Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Fixtures And Fittings - Only those items described in these particulars are included in the sale.
Terms Of Lease - Start date : 28 January 2005 Term: 125 years from 1 May 2004 Service charge: £3000 per annum Ground rent: £400 per annum Services - Mains water, electricity and drainage are all available to the property.
Electric storage heaters. None of these services have been tested. Council Tax - The property is in Council Tax band 'B' on the Shropshire Council Register.
Viewings - By appointment through Halls, 2 Barker Street, Shrewsbury, SY1 1QJ.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Apartment 46, Hazledine Court, Longden Coleham, Shrewsbury, SY3 7BS
Explore nearby