1-bedroom house · WV16 4BY
Sold STCListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom retirement apartment with views of historic Bridgnorth from the second floor of this ever-popular riverside block.
Facing west this apartment benefits from afternoon sun and being on the second floor it receives lots of natural light.
Built by retirement specialists McCarthy and Stone, Lavington Court takes its name from its historic setting opposite Lavingtons Hole, an excavation in the cliffside undertaken during the English Civil War by Colonel Lavington, whose plan was to blow up the town from beneath, fortunately his plan did not succeed and this second floor one bedroom apartment has fine views across gardens of the Castle Walk, the sandstone cliff upon which the fortifications were built and the Thomas Telford built St.
Marys Church, a picturesque outlook available from all the principle rooms, living room, bedroom and kitchen.
This well-presented apartment is available with no onward chain and priced for a swift and trouble-free purchase.
Lavington Court has a convenient location for access to both local shops and national chain supermarkets that include a Co Op and a Marks and Spencer Foodhall, the conveniently placed bus stops provide access to routes to Wolverhampton, the west midlands, and Kidderminster.
Nearby leisure pursuits include the unique Bridgnorth Bowling Club based on the Bylet, an island in the River Severn approached via a bridge.
As you would expect Lavington Court has a host of facilities available including a communal lounge for socialising, a laundrette facility, car parking, ornamental gardens and access to the second floor is via a lift conveniently accessed near to the communal lounge and a house manager is on hand to look after day to day running of the block and organise events.
The aspirational market town of Bridgnorth has a wide variety of amenities including well regarded schools for children of all ages, a doctors' surgery, a selection of supermarkets, local and high street shops, pharmacies, opticians, traditional public houses, restaurants, a characterful theatre and petrol stations at vantage points.
The town, subject to a siege during the English Civil War, is rich in history and features a castle ruin leaning at an angle greater than the Tower of Pisa, the Cliff Railway that runs between Low Town and High Town is the steepest inland railway in the country.
Entrance Hall With meter cupboard, access to loft space, doors radiate of the entrance hall to Living Room, Bedroom Shower Room and Plant Room/Storage with insulated water tank and storage shelves Living Room This room has views of the Castle Walk, Saint Mary’s Church and Lavington‘s Hole a feature of the town from the English Civil War.
Ceiling coving, the focal point of this room is provided by an elegant wooden fire surround with fluted columns, marble inset and hearth and built-in electric coal effect fire.
Obscure glazed double opening doors from the living room lead through to the kitchen.
Kitchen And ergonomically designed kitchen featuring matching floor and wall mounted cabinets and drawers with round edge coordinated work surfaces with in inset electric four ring hob, a tall unit houses a fan oven and grill with cupboards under and over, wall mounted extractor hood with open shelving to side, inset in the worksurface is a stainless steel single drainer sink unit, ceramic tiled splashback, double glazed window to front with views of the Castle Walk, sandstone cliff and Castle Gardens Bedroom Creda wall mounted storage heater, double glazed window to front with views, built in wardrobes with mirrored folding doors, ceiling coving, TV aerial point, telephone point.
Shower Room Fitted with an ivory coloured suite comprising vanity wash hand basin with mirror and light over and cupboard under with storage shelves to side, shower tray and fitted shower unit, shower cubicle with glazed sliding doors, low flush WC, ceramic tiling to full height on all four walls, Creda wall mounted fan heater, heated towel rail, extractor fan.
Tenure We are advised that the property is Leasehold and that Service charges and ground rent will apply. Lease remaining 101 years, Service Charge £3,587.06, Ground Rent £760 p.a.
Services Mains electricity, water and drainage are connected Local Authority Shropshire, Local Authority Reference Number 000, Council Tax Band B EPC The property has an Energy Performance Certificate, certificate number 9458-4069-6216-4658-1950 valid until 15th June 2028 and rated C.
Viewings All viewings are to be arranged via the vendors sole agents Nick Tart Bridgnorth, or “We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £48 (incl.
VAT), unless purchasers are in receipt of a gifted deposit of £10,000 or more, in which case the cost of the checks, to include checks on the gifting party (ies) is £52 (incl.
VAT) which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.” We do not receive any of the fee taken by Lifetime Legal for its role in the provision of these checks.
We will also require confirmation of where the funding is coming from such as a bank statement with funding for deposit or purchase price and if mortgage finance is required a mortgage agreement in principle from your chosen lender”.
Important We take every care in preparing our sales details. They are carefully checked, however we do not guarantee appliances, alarms, electrical fittings, plumbing, showers, etc.
Photographs are a guide and do not represent items included in the sale. Room sizes are approximate. Do not use them to buy carpets or furniture. Floor plans are for guidance only and not to scale.
We cannot verify the tenure as we do not have access to the legal title. We cannot guarantee boundaries, rights of way or compliance with local authority planning or building regulation control.
You must take advice of your legal representative. Reference to adjoining land uses, i.e. farmland, open fields, etc does not guarantee the continued use in the future.
You must make local enquiries and searches.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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