2-bedroom flat · SY1 1UB
Sold STCListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in the very heart of Shrewsbury, this elegant Grade II listed apartment offers a rare blend of heritage, space and serenity — a home where character features meet generous proportions and every window frames a different view of the historic townscape.
Set on the first floor, the apartment is approached through a beautifully maintained communal entrance, with the added benefit of a private storage cupboard and separate store room on the landing.
Step inside and the sense of scale becomes immediately apparent: an unexpectedly spacious hall/landing creates a welcoming central space, setting the tone for the rooms beyond.
The reception room is a standout — bright, inviting and effortlessly atmospheric.
Two large windows draw in natural light throughout the day, while the feature fireplace with its electric log?effect fire adds warmth and charm.
It’s a room designed for slow mornings, relaxed evenings and comfortable entertaining.
The kitchen continues the theme of practicality blended with character, offering an electric NEFF oven and grill, gas hob, and space for all essential appliances.
Its layout makes everyday living easy, with room to cook, prepare and enjoy. Both bedrooms are peaceful retreats, each with the proportions expected of a period home.
The principal bedroom is particularly impressive, featuring triple built?in wardrobes and ample space to unwind.
The family bathroom completes the picture with a bath and separate shower cubicle — ideal for both quick starts and indulgent end?of?day routines.
Adding to the appeal, the apartment includes a secure private parking space at Bishopstone Mansions, just a short walk away — a valuable asset in this central location.
This is a home for those who appreciate character, light and a sense of place; a quietly luxurious base in one of Shrewsbury’s most charming corners. EPC rating: D.
Tenure: Share of freehold, Service charge description: 260 yrs left on lease Paid Jan annually No ground rent Reserve fund - c.
£4k, Hallway/Landing 9.34m x 1.61m (30'8" x 5'3") Living Room 5.01m x 5.41m (16'5" x 17'9") Kitchen 3.75m x 3.18m (12'4" x 10'5") Bedroom One 3.37m x 4.73m (11'1" x 15'6") Bedroom Two 2.58m x 3.23m (8'6" x 10'7") Bathroom 2.46m x 4.25m (8'1" x 13'11") Store Room 2.46m x 2.03m (8'1" x 6'8") Services We understand that mains water, electricity, drainage and gas are all available to the property.
None of these services have been tested. If there is a telephone installed it will be subject to British Telecom regulations.
Tenure We are advised that the property is Share of Freehold however this has not been verified and confirmation will be forthcoming from the vendors solicitors during pre-contract enquiries.
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
Agent & docs
FAQ
About Belmont Bank, Town Centre, Shrewsbury, SY1
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