2-bedroom flat · SY1 1NX
For saleListed 49 days
Opportunity summary
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About
This modern and well-presented apartment is located on the second floor of a popular town centre development with electric gated access to a private resident's car park.
The property also has a lovely private balcony, from which there are fantastic views across the river Severn and Frankwell cricket ground, along with access to the well-kept communal gardens.
All mains services are connected Key Features - * Entrance hall with good built in storage * Living/dining room which connects to the kitchen and has glazed double doors opening onto a superb balcony that provides wonderful, elevated views.
* Stylish kitchen having a good range of integrated appliances. * Two double bedrooms both with built in wardrobes. There is also a bathroom and the main bedroom has an ensuite shower room.
* Double glazed windows and gas central heating. * Electric gated access to a private and secure residents car park where there is a designated parking space.
* Very attractive and sizable communal gardens which directly overlook the river and are neatly lawned with seating areas and established trees.
* Quiet and private location within a popular and very convenient town centre development, just a few minutes' walk from the train station, as well as the main shopping areas, bars and restaurants.
* We have been advised that the property has 150-year lease with 128 years remaining. The property also comes with a share of the freehold and the annual service charge is £1,162.00.
Living/Dining Room - about 6 x 3.1 (about 19'8" x 10'2" ) - Kitchen - about 2.3 x 2.3 (about 7'6" x 7'6") - Bedroom One - about 4.1 x 4.2 (about 13'5" x 13'9") - Ensuite - Bedroom Two - about 2.8 x 2.8 (about 9'2" x 9'2") - Bathroom -
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
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FAQ
About Chester Street, Shrewsbury
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