2-bedroom house · SY4 5EE
Listing removedReduced £15k (−11.1%) on 21 AugListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***excellent investment opportunity*** We are bringing to market Barnard Street, Wem, a two bedroom semi detached house in need of modernisation.
The property is ready for a new owner to put their own stamp on, and an ideal purchase for an investor or a first-time buyer.
The property has the added benefit of being situated just a stone throw away from Wem town centre with local shops and amenities available.
There are excellent doctors, dentists, schools and independent shops within the town, as well as a supermarket and a good selection of pubs and eateries.
The larger towns of Shrewsbury and Whitchurch are only a few miles drive away, and there is rail links directly from Wem Station to Crewe to the north, and Shrewsbury, Birmingham and London to the south.
Leading into the property, the ground floor accommodation offers: Front Dining Room, Reception room, Kitchen with a range of fitted base and wall units, utility area and a downstairs W/C.
Heading upstairs, there are two bedroom and a bathroom. Outside, the property features an enclosed good sized rear garden which is mainly laid to lawn.
There is an attached outside storage area and at the end of the garden, a shed useful for further storage.
Agent Notes: EPC - tbc Harfitts for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that: These particulars are produced in good faith, and are set out as a general guide and do not constitute any part of an offer or contract.
No person in the employment of Harfitts has any authority to make or give any representations or warranty whatever in relation to this property.
Harfitts take many precautions to ensure that the sale particulars are drafted accurately and that information is verified by the owners, who have checked these details and declare them true and accurate.
All measurements are approximate and are for identification purposes only. Electrical and other appliances mentioned in these particulars have not been tested by Harfitts.
Therefore prospective purchasers must satisfy themselves as to their working order. Harfitts is a trading name of Paul F. Harfitt & Co.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
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FAQ
About 7, Barnard Street, Wem
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