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 work2-bedroom flat · SY3 7EX
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom ground-floor apartment enjoys its own direct entrance within a popular riverside development for the over-40s.
Carline Fields is set close to the English Bridge and rests in beautiful, landscaped residents' gardens which border the River Severn.
The apartment provides well-designed, spacious accommodation, which begins with the entrance hall.
The generous living/dining room has a feature Adams' style fireplace, two windows and offers excellent living space and plenty of room for a dining table.
Sliding doors lead through to the kitchen, which offers an array of units and space for a range of appliances.
An inner hall, from the living room, provides access to the bedroom accommodation; the larger of the two is to the back of the apartment and enjoys views over the English Bridge.
The second bedroom is also a good size, and the modern shower room is well equipped with a 3-piece suite.
The property benefits from an electric heating system, and there is communal residents' parking.
For peace of mind, although the property is self-contained, there is the security of an on-site visiting house manager and emergency 24-hour Apello call system.
The property is offered with no upward chain, and due to the scarcity of properties like this, we anticipate a high level of interest.
The property is leasehold with 59 years remaining (September 2085). Service Charge is £188.37 pcm (£2260.44 pa) and Ground Rent is £110 pa.
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 Thomas Court, Longden Coleham, Shrewsbury, Shropshire, SY3 7EX
Explore nearby