1-bedroom flat · SY11 2NF
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, light and airy one bedroom Second Floor Apartment set within impressive conversion situated in the heart of the Town Centre.
The Apartment complex comprises of just 9 luxury Apartments, each having undergone complete modernisation and finished to an exceptional standard of specification including high energy insulation, double glazing, electric heaters and spacious communal areas.
The Apartment comprises of an open plan Living/Dining/Kitchen with attractive fitted Kitchen with range of appliances, double Bedroom and contemporary Shower Room. Completed with flooring and blinds.
Early registration is highly recommended. Location The properties occupy an enviable position in the heart of the busy and popular Market Town of Oswestry.
On your doorstep are a wealth of amenities including supermarkets, independent stores, cafe bars, restaurants and public houses, recreational facilities and churches.
There is ease of access to the A5/M54 motorway network and the nearby Railway Station of Gobowen perfect for commuters. There are several car parks a short stroll away along with countryside walks.
Description These stunning 1 & 2 bedroom apartments form part of a Conversion in the heart of the Town Centre, located over 3 floors and finished to an exceptional standard of specification including high energy insulation, economical modern storage heating, beautifully fitted Kitchens and Shower Rooms, attractive lvt flooring and fitted blinds.
General Inforamtion Information for tenants: Rent: £725 per calendar month Deposit: £836 Equivalent to 5 Weeks Rent Holding Deposit: £167 Equivalent to 1 Weeks Rent Council Tax Band: A (Shropshire Council) Term: Assured Shorthold Tenancy for a minimum period of 6 months 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).
Early Termination (Tenant’s Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Secure Communal Entrance Secure entryphone system with double opening doors leading to the communal Entrance Hall with wide staircase leading to the First Floor Landing, further staircase continues to the second floor and personal door opening to Personal Reception Hall Off which lead Living/Dining/Kitchen A lovely light room running across the front with 3 large double glazed sash windows .
Media point, electric radiator. The Kitchen is newly fitted with light grey fronted units incorporating single drainer sink unit with waste disposal unit, set into base cupboard.
Further range of matching base units comprising cupboards and drawers with worksurfaces over and having integrated washing machine and fridge freezer both with matching facia panels.
4 ring hob unit with extractor hood over and oven and grill beneath and matching range of eye level wall units.
Double Bedroom With double glazed sash window to the rear, media point, electric radiator.
Shower Room Contemporary suite with shower cubicle with direct mixer shower unit, wash hand basin set into vanity storage, WC. Heated towel rail, electric shaver point.
Information for tenants: Rent: £715 per calendar month Deposit: £825 Equivalent to 5 Weeks Rent Holding Deposit: £165 Equivalent to 1 Weeks Rent Council Tax Band: A (Shropshire Council) Measurements: All measurements are approximate Services: We are advised that mains water 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).
Early Termination (Tenant’s Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
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.
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FAQ
About Apartment 3, 5-9 Cross Street, Oswestry
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