1-bedroom flat · SY8 1RL
To rentListed 42 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
On the second floor of a Town Centre period property is this two bedroom flat with a front door entrance off a side passage. The flat is in good decorative order. Retaining some period features.
EPC D. Council Tax Band A. Landing A light and airy landing with fitted capet, white panel radiator, skylight and two wall lights.
Hallway with fire door off landing, fitted carpet, white panel radiator and recessed ceiling lights.
Kitchen 3.86m x 2.97m with wood pattern vinyl flooring, Kitchen base units with worktop over, inset stainless steel sink with hot and cold taps.
White panel radiator, extractor fan, spotlight fiting, Baxi gas boiler, Bosch washing machine, Logik fridge freezer and free standing electric cooker. Single glazed sash window.
Sitting Room 5.53m x 3.93m with fitted carpet, white panel radiator, cast iron feature fireplace, recessed ceiling lights, single glazed sash bay window overlooking Tower Street with curtain pole.
Bathroom 2.96m x 1.99m Appointed with a white panel bath with Triton electric shower over, pedestal wash basin, low level flush wc.
Part tiled walls, flush ceiling light, light and shaver point, mirror, white panel radiator, extractor fan, wood tile pattern vinyl flooring, single glazed sash window.
Bedroom 4.78m x 3.32m with fitted carpet, recessed ceiling lights, and two wall mounted lights, white panel radiator, single glazed sash window with curtain pole.
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
Agent & docs
FAQ
About Tower Street, Ludlow, Shropshire
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