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See how verdicts work2-bedroom flat · SY1 2ET
Sold STCListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented, spacious, stylish two bedroom first floor leasehold apartment with open-plan living/dining room and kitchen, bedroom one with en suite shower room, second bedroom and bathroom.
One private car parking space within a secure residents car park.
The property was originally built by project of the year 2002 winners SY HOMES and has been finished to exceptionally high standard with lavish fittings throughout.
Service charges are £889.20 half yearly.
The property occupies a pleasant position on this popular residential development, well placed within easy reach of all the town centre amenities including Shrewsbury railway station, many fashionable bars and restaurants, Theatre Severn, Quarry Park and Dingle Gardens.
Modern and stylish two bedroom first floor apartment, with one allocated parking spaces, within walking distance of the town centre.
Hallway - Useful store cupboard Open Plan Kitchen / Living Room - 4.12m x 6.96m (13'6" x 22'10") - Kitchen fitted with a range of contemporary wall and base units with integrated appliances.
Bedroom 1 - 3.59m x 3.35m (11'9" x 11'0") - En Suite Shower Room - Fitted with a contemporary suite with large shower cubicle Wash hand basin, wc Bedroom 2 - 3.20m x 2.00m (10'6" x 6'7") - Bathroom - Contemporary suite with free standing bath Shower cubicle Wash hand basin, wc Outside The Property - Private parking space.
NOTE: This property may be subject to additional management service charges.
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
FAQ
About 22 Albury Place, St. Michaels Street, Shrewsbury, SY1 2ET
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