2-bedroom flat · SY1 2ET
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptionally well presented two bedrooms second floor apartment that has been finished to an exacting standard, located a short walk from Shrewsbury town centre and the railway station.
Directions - What3Words - ///themes.burst.likes Situation - Albury Place is an exclusive, secure gated development situated on the edge of Shrewsbury town centre, offering convenient access to a wide range of amenities, restaurants, and attractions the county town has to offer.
For commuters, Shrewsbury railway station is just a five-minute walk away, while the nearby bypass provides easy connections to the M54 motorway network.
Description - 34 Albury Place is an incredibly well presented 2 bedroom second floor apartment that has been finished to an incredibly high standard.
The apartment has two double bedrooms (one with an en suite shower room), a main bathroom with walk in shower and separate bath, a lovely expansive kitchen/dining/living area with lovely views of the town.
The apartment is southerly facing meaning the property is incredibly light and bright.
The accommodation briefly comprises a stylish communal entrance hallway with a secure camera entry system, lift, and stair access to the second floor.
The apartment itself opens into a welcoming reception hallway featuring useful built-in storage.
The impressive open-plan lounge, dining, and kitchen area offers a bright and contemporary living space, enhanced by a Juliet-style balcony.
The kitchen is fitted with a range of high-quality appliances, including Neff and Beko units, a wine cooler, LED lighting, and sleek quartz worktops.
There are two generously sized double bedrooms, both benefiting from fitted Hammond wardrobes.
The principal bedroom enjoys the added luxury of an en-suite shower room and its own Juliet-style balcony.
A large, beautifully appointed main bathroom features a stunning freestanding bath, concealed mirror, and an inset wall-mounted SMART TV, creating a truly luxurious feel.
Additional features include high-efficiency insulation, triple-glazed windows, and underfloor gas-fired central heating throughout.
The property also benefits from a private allocated parking space within the secure courtyard.
Positioned with a south-facing aspect, the apartment is filled with natural light and enjoys attractive views towards Shrewsbury town centre and beyond.
Originally built in 2020 by award-winning developers SY Homes, the property has been finished to an exceptional standard, showcasing premium fittings such as Villeroy & Boch sanitary ware, contemporary vanity units with Porcelanosa tiling, Sonos surround sound, and fitted blinds.
Outside - Externally, the property benefits from one allocated parking space within this secure gated development.
General Remarks - Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Fixtures And Fittings - Only those items described in these particulars are included in the sale.
Terms Of Lease - 150 years from 1st December 2019 143 years remaining on the lease Ground rent: £220 per annum Service charge: £1562 per annum Services - Mains water, electricity, gas and drainage are understood to be connected.
None of these services have been tested. Council Tax - The property is in Council Tax band 'B' on the Shropshire Council Register.
Viewings - By appointment through Halls, 2 Barker Street, Shrewsbury, SY1 1QJ.
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 34 Albury Place, St. Michaels Street, Shrewsbury, SY1 2ET
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