2-bedroom flat · SY1 2DJ
To rentReduced £55 (−5.8%) on 15 OctListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous and spacious First Floor two bedroom Apartment which is finished to a high standard of specification and offers a feel of spaciousness with feature high ceilings, sash windows and views over the lovely historic Town landmarks of the Railway Station and Castle.
Secure communal Entrance to Reception Hall with staircase leading to the second floor landing and with Personal Entrance door opening to personal Reception Hall.
Spacious Lounge/Dining Room A fabulous room with two double glazed sash windows with lovely outlooks over the Station and Castle. TV and telephone points, radiators.
Kitchen An excellent room which has been fitted to a high standard of specification with range of contemporary units with sink set into base cupboards, further range of cupboards and drawers with worksurfaces over and having range of integrated appliances including fridge and freezer, oven, hob and extractor and matching range of wall units.
Window to the rear, radiator. Bedroom 1 A fabulous master bedroom with two sash windows overlooking the Railway Station and Castle, TV aerial point, radiator.
Bedroom 2 With window to the rear, radiator.
Bathroom Attractively fitted with suite comprising panelled bath with direct mixer shower unit over with waterfall head, wash hand basin and low flush WC suite.
Heated towel rail/radiator, complimentary tiled surrounds.
Information for tenants: Rent: £800 per calendar month Deposit: £923 Monks have considered that the deposit for this property is Equivalent to 5 weeks rent Holding Deposit: £184 Equivalent to 1 Weeks Rent Council Tax Band: B Please confirm the Council Tax band via Shropshire Council Term: Assured Periodic Tenancy Measurements: All measurements are approximate Services: We are advised that mains water, gas and electric are available Viewings: Strictly by appointment with the letting agents Variation of Contract (Tenant’s Request): £50 (inc.
VAT) per agreed variation.
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents Change of Sharer (Tenant’s Request): £50 (inc.
VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Keys: Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
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
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FAQ
About Apartment 3, Chronicle House, Shrewsbury
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