2-bedroom flat · SY6 6EW
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ashbrook Court is ideally situated on Shrewsbury Road immediately opposite the approach to the beautiful Carding Mill Valley and within easy level walking distance of the town centre amenities.
The property is in a select development of 28 self contained apartments built in two storey blocks during the mid 1980's. There is a car park area and courtyard style communal gardens.
The apartments all benefit from gas fired central heating, UPVC double glazing, and are linked to the 24 Hour Call Centre by an alarm call system.
TENURE The property is leasehold on 99 yr basis, which commenced in 1986 (originally due to expire in 2085, but now extended to expire in 2110, so has 84yrs remaining.) It is subject to various conditions, including a minimum age of 60.
There is a ground rent payable, currently £150 per annum and a service charge of around £2,860 per annum.
The whole development is tastefully landscaped with lawns, patio areas, paths, external lighting, and shared screened drying area for laundry. Resident and visitor parking facilities are provided.
ACCOMMODATION Open and covered PORCH with storage cupboard alongside and part glazed panelled door to: - ENTRANCE HALL with fitted carpet, coving, radiator, three power points, understairs storage cupboard with light and large storage cupboard with slatted shelving.
LIVING ROOM with fitted carpet, electric feature fire, coving, front window with blind, radiator, TV aerial points, telephone point, the 'Caretech' emergency call system, telephone point, four power points, and door to:- KITCHEN with vinyl flooring, coving, range of modern built in units; including seven floor cupboards (with drawers), laminate worktops with tiled splashbacks, seven wall cupboards, and sink unit.
Integrated four ring hob with cooker hood above and the 'Indesit' electric high level double oven to the right hand side.
Spaces for washer and tall fridge/freezer, four power points, pull emergency cord and rear window with blind. N.B. The white goods can be included in the sale should the purchaser require.
BEDROOM 1 with fitted carpet, coving, window with fitted blind, four power points, radiator, telephone point, and emergency pull cord.
BEDROOM 2 with fitted carpet, coving, rear window with blind, radiator, and two power points.
BATHROOM with tiled floor, part tiled walls, white suite with panelled bath and electric 'Triton' shower over, WC, and washbasin with mirror over. Heated towel rail and extractor fan.
SERVICES We understand mains gas, electricity, water and drainage are connected.
COUNCIL TAX Band 'B' WATER AUTHORITY Severn Trent Water, Shelton, Shrewsbury SY3 8BJ LOCAL AUTHORITY Shropshire Council, Shirehall, Shrewsbury, SY2 6ND VIEWING By appointment through WRIGHTS ESTATE AGENTS Tel: Office opening hours Monday to Friday 9am to 5pm.
Saturday 9am to 12noon Email: IMPORTANT NOTICE: Floor plan for illustrative purposes only, not to scale. All measurements and distances are approximate.
The particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; no person in the employment of Wrights Estate Agents has any authority to make or give any representation or warranty whatever in relation to this property.
We cannot verify the tenure, as we do not have access to the legal title; we cannot guarantee boundaries or rights of way so you must take the advice of your legal representative.
If there is any point that is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so particularly if contemplating travelling some distance to view.
Value & comps
No previous sales on record.
Returns
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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.
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About 11 Ashbrook Court, Church Stretton
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