1-bedroom flat · WV16 4AX
Sold STCListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor flat with a small front garden, overlooking the sidings of the Severn Valley Railway. The property comprises a reception room, kitchen, double bedroom, and shower room.
Conveniently located close to the town's High Street and local amenities. CASH BUYERS ONLY - NO ONWARD CHAIN.
Telford - 12 miles, Kidderminster - 14 miles, Shrewsbury - 22 miles, Wolverhampton - 14 miles, Stourbridge -14 miles, Birmingham - 31 miles. (All distances are approximate).
Location - Situated within the Conservation Area, this ground floor flat enjoys a prime location in the heart of the historic market town of Bridgnorth.
Many of the town's renowned attractions, including the Severn Valley Railway, Castle Gardens, and a variety of other historic landmarks, are all within easy walking distance.
Bridgnorth offers an excellent range of amenities, including highly regarded schools, healthcare services, a hospital, and an excellent selection of independent shops, restaurants, cafés, and traditional pubs.
The town also hosts regular weekend markets, provides a wide range of sports and leisure facilities, and boasts a vibrant calendar of community events throughout the year.
Accommodation - Accessed via steps leading up from Hollybush Road, a pathway approaches the front entrance and an attractive garden terrace.
The front door opens into the entrance hall, from which a door leads into the lounge. This reception room features a bay sash window overlooking the front elevation and a feature fireplace.
The kitchen has a rear acing window and is fitted with base cupboards, worktops, and a sink unit.
It also houses a wall-mounted central heating boiler and provides space and plumbing for a washing machine. An inner hallway leads to the shower room and the double bedroom.
A rear door opens onto a shared courtyard, with a communal side passageway providing access to the front of the property. The neighbouring properties benefit from a right of way over this passage.
Services - We are advised by our client that all main services are connected. Verification should be obtained by your Surveyor. Council Tax - Tax Band: B. Shropshire Council.
Tenure - We are advised by our client that the property is leasehold, held on a 99-year lease from 1983, with approximately 56 years remaining. A ground rent payable approximately £60 PA.
Due to the short unexpired lease term, the property is likely to be suitable for cash buyers only.
Prospective purchasers are advised to seek independent legal and financial advice regarding the lease and any potential lease extension. NO UPWARD CHAIN.
Fixtures And Fittings - By separate negotiation. Viewing Arrangements - Strictly by appointment through the agents BRIDGNORTH OFFICE
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 12C Hollybush Road, Bridgnorth
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