2-bedroom house · SY4 5ED
Listing removedListed 157 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** charming period town house *** A period 2 double bedroom Town House.
Occupying an enviable position in the heart of the Town, ideally placed for a range of local amenities including shops, schools, recreational facilities and being a short stroll from the Railway station with links to Shrewsbury, Crewe and London.
The accommodation briefly comprises good sized Lounge, Kitchen/Dining Room, 2 generous double Bedrooms and Bathroom.
The property has the benefit of gas central heating, double glazing and enclosed small courtyard style garden with store. Viewing recommended.
Location Occupying an enviable position in the heart of the Town, ideally placed for a range of local amenities including shops, schools, recreational facilities and being a short stroll from the Railway station with links to Shrewsbury, Crewe and London.
Lounge Having sash window to the front, wooden fire surround housing living flame gas fire, media point, radiator.
Archway with opening through to Kitchen Recently fitted with range of white fronted high gloss units incorporating single drainer sink with mixer taps set into base cupboard.
Further range of cupboards and drawers with work surfaces over and having space for range of appliances. Eye level wall units, wall mounted gas boiler, wooden floor covering, radiator.
Window overlooking the rear. Rear Entrance area with door to garden and Bathroom With suite comprising panelled bath with mixer taps/shower, wash hand basin and WC.
Complementary tiled surrounds, radiator, window to the rear.
First Floor Landing Enclosed staircase from the Lounge leads to the First Floor off which lead Bedroom A large double room with sash window to the front, fitted double wardrobe, radiator.
Bedroom Another generous double room with window to the rear, radiator.
Outside To the rear is an enclosed small courtyard style garden area which catches the afternoon and evening sun - brick built store.
Information for tenants: Rent: £750 per calendar month Deposit: £865 Monks have considered that the deposit for this property is Equivalent to 5 weeks rent Holding Deposit: £173 Equivalent to 1 Weeks Rent Council Tax Band: A Please confirm the Council Tax band via Shropshire Council Term: Assured Periodic Tenancy Measurements: All measurements are approximate Services: We are advised that mains water, gas 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).
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 12, Mill Street, Wem
Explore nearby