1-bedroom flat · SY3 7BS
Sold STCReduced £5k (−5.9%) on 30 MayListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A particularly well designed spacious one bedroom apartment located on the second floor of this popular development for people aged 60 and over.
Set in landscaped gardens, alongside the river, the accommodation provides: Hall, Large Living Room With Plenty Of Space For A Dining table, Fitted Kitchen, Excellent Double Bedroom, Stylish Refitted Shower Room.
Residents Lounge And Laundry Room. 24 hour emergency call system, Lifts To All Floors. Central Location. Accommodation comprises From Communal Landing, entrance door with spy hole.
'L' Shaped Entrance Hall Electric night storage heater, entry system, large walk-in airing cupboard with electric water heater.
Living Room 14' 4'' x 13' 11'' (4.37m x 4.24m) A good size room with walk-in double glazed dormer window to the front, electric night storage heater, ornamental fireplace with electric fire inset, large walk-in store cupboard, double doors to Kitchen 9' 0'' x 5' 8'' (2.74m x 1.73m) Attractively fitted with good range of units to 3 wall areas, tiled surround to work areas, laminate work tops, inset sink unit, integrated electric oven and 4 ring electric hob with filter hood above.
Bedroom 14' 6'' x 13' 0'' max 8' 5" min (4.42m x 3.96m/256m) A large double bedroom, double glazed window with interesting roof top views to the side, large double fitted wardrobe with mirrored folding doors, electric night storage heater.
Shower Room The Shower Room has been upgraded and provides an excellent feature of the property.
Fully tiled walls, beautifully appointed with 3 piece suite including large corner shower cubicle with drench head and sliding doors, wash basin with cupboards beneath, WC, heated towel rail, extractor.
Communal Facilities Hazeldine Court is set in landscaped communal gardens with adjoin the River Severn.
There is a spacious Residents' Lounge, Communal Laundry Facility, lifts to all floors 24 hour emergency Apello call system and on-site Development Manager.
It is a condition of purchase that owners are over the age of 60 year. Lease Details The property is on a 125 year lease from 2004 (105 years remaining). Ground Rent is £385 per annum.
Service Charge is £1477.91 paid every 6 months - 01.03.23 - 31.08.24
Value & comps
No previous sales on record.
Returns
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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 Hazeldine Court, Longden Coleham, Shrewsbury, SY3 7BS
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