1-bedroom flat · SY3 5DN
Listing removedListed 217 days · slow let
Opportunity summary
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About
*recently renovated ground floor studio apartment** Accommodation comprises: Open plan living room/kitchen area with newly fitted kitchen with freestanding appliances. Shower room with white suite.
Wood effect laminate flooring, windows to dual aspect and parking.
Kitchen Area With a range of wall and base units with sink and drainer set into base unit, round edge work surface over with tiled splashback.
Freestanding washing machine, oven/hob/grill and fridge freezer.
Window to rear aspect Living/Bedroom Area With newly fitted grey wood effect flooring, electric heater, windows to front aspect Shower Room With 3 piece suite to include; shower cubicle with electric shower, wash hand basin, low level WC, obscured window to rear aspect Outside One parking space Information for tenants: Rent: £525 per calendar month Deposit: £605 Monks have considered that the deposit for this property is Equivalent to 5 weeks rent Holding Deposit: £121 Equivalent to 1 Weeks Rent Council Tax Band: A Please confirm the Council Tax band via Shropshire Council Term: Assured Shorthold Tenancy for a minimum period of 6 months Measurements: All measurements are approximate Services: We are advised that mains water and electric are available Viewings: Strictly by appointment with the letting agents Variation of Contract (Tenant’s Request): £50 (inc.
VAT) per agreed variation.
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents Change of Sharer (Tenant’s Request): £50 (inc.
VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Keys: Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Early Termination (Tenant’s Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 29, Briery Lane, Shrewsbury
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