2-bedroom flat · SY1 3JG
For saleReduced £5k (−4.3%) on 26 MayListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom ground floor flat offers large accommodation throughout and is being offered with no upward chain. Includes: Enclosed Porch, Living Room, Kitchen.
Inner Hall leads to 2 spacious Bedrooms and Refitted Bathroom. Garden and 2 useful Stores. DG. Convenient range of amenities in the immediate area.
Accommodation comprises Entrance door with spy hole.
Entrance Porch Living Room A good size room with wood style laminate flooring and large double glazed window to the front, wooden ornamental fire surround, gas fire set to tiled hearth.
Kitchen Fitted base and eye level units laminated work tops, inset sink unit, tiled splashback, built in pantry cupboard, double glazed window. Inner Hall Built in store cupboard.
Bedroom 1 Double glazed window, built in airing cupboard housing hot water cylinder. Bedroom 2 Another good size room with double glazed window.
Bathroom Fitted with white 3 piece suite providing corner bath with tiled walls around and wall mounted electric shower unit, wash basin and WC, tiled flooring, extractor and double glazed window.
Outside There is a communal area for bins etc and 2 integral stores/sheds. Services We understand that mains water, drainage, electricity and gas are connected to the property.
Lease details The property is held on a 125 year lease from 4 May 2004 with 103 years remaining. Ground rent and service charges to be confirmed.
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
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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 Lancaster Road, Harlescott, Shrewsbury, SY1 3JG
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