2-bedroom flat · SY1 2LX
For saleListed 2 days
Opportunity summary
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About
Offered for sale with no upward chain, this two bedroom first floor apartment offering spacious and attractively presented accommodation.
The apartment has the advantage of being within a convenient walk of the town centre.
The property has recently benefited from improvements by the current owners, including new carpets and fresh decoration throughout.
The apartment has a communal entrance with intercom security system, a private door leads into reception hall, living room and fitted kitchen overlooking the gardens, there are two good size bedrooms, and a fitted bathroom.
Outside, the property benefits from lovely south-facing communal gardens, along with a secure gated access leading to the riverside walk, providing a pleasant stroll into Shrewsbury town centre.
Communal Entrance - With intercom entry system and communal staircase rising to first floor landing.
Reception Hall - 3.38m x 1.27m (11'1 x 4'2) - With night storage heater and doors to bedrooms, bathroom and living room.
Living Room - 4.60m x 3.30m (15'1 x 10'10) - With windows providing a south facing pleasant outlook over the communal gardens and West Mid Showground, electric heater. Door leading into Kitchen.
Kitchen - 3.33m x 2.06m (10'11 x 6'9) - Fitted kitchen comprises of an extensive range of base units with worktops over, stainless steel single drainer sink unit, built in single oven with electric hob over, extensive range of eye level cupboards, space for washing machine, space for refrigerator, vinyl flooring.
Two built in storage cupboards, one with shelving, one housing the immersion heater. Large window providing a pleasant outlook over the south facing communal gardens and West Mid Showground.
Bedroom One - 3.66m x 3.51m (12 x 11'6) - With windows to front and electric heater. Bedroom Two - 3.68m x 2.90m (12'1 x 9'6) - With window to front and electric heater.
Bathroom - 2.01m x 1.73m (6'7 x 5'8) - Fitted with white suite comprising paneled bath with taps and electric shower over and glass side screen, wash hand basin, low level flush WC, heated ladder towel rail, extensive tiled surround to walls.
As the selling agent we have been advised the property is non standard construction. As the selling agent, we have been informed that the building last experienced flooding in January 2021.
Since that time, flood gates have been provided and are stored within each block, and new pumps have been installed in the building’s cellars to help mitigate against future flooding.
General Notes - TENURE We understand the tenure is Leasehold. The length of the lease is 125 years from 1984, with 83 years remaining.
The service charge is £2157 per annum and ground rent is £75 per annum. We would recommend this is verified during pre-contract enquiries.
SERVICES We are advised that mains electric, water and drainage services are connected. We understand the Broadband Download Speed is: Basic 8 Mbps & Superfast 60 Mbps. Mobile Service: Good outdoors.
We understand the Flood risk is: Medium. We would recommend this is verified during pre-contract enquiries. COUNCIL TAX BANDING We understand the council tax band is A.
We would recommend this is confirmed during pre-contact enquires. SURVEYS Roger Parry and Partners offer residential surveys via their surveying department.
Please telephone and speak to one of our surveying team, to find out more.
REFERRAL SERVICES: Roger Parry and Partners routinely refers vendors and purchasers to providers of conveyancing and financial services.
MONEY LAUNDERING REGULATIONS: When submitting an offer to purchase a property, you will be required to provide sufficient identification to verify your identity in compliance with the Money Laundering Regulations.
Please note that a small fee of £24 (inclusive of VAT) per person will be charged to conduct the necessary money laundering checks.
This fee is payable at the time of verification and is non refundable. Agents Notes - As the selling agent, we have been advised that the property is of non-traditional construction.
We understand that the property is not currently considered suitable for mortgage lending.
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 Coton Manor, Berwick Road, Shrewsbury
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