1-bedroom flat · TF1 2EF
Listing removedListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located off Holyhead Road the property is in a lovely building called Bowring Hall. Close to lovely walks in the park, The Wrekin and The Ercall.
Excellent road links to the M54, Wellington and Telford centres.
From the resident's car parking area wrought iron railings enclose a patio area which belongs to the property, steps lead down to the entrance door which then opens into the spacious open plan kitchen/diner/lounge area, having an attractive range of units, integrated fridge/freezer, washer/dryer, electric hob, oven and extractor.
There is a double bedroom with an en suite shower room. In the resident's carpark there are two allocated spaces signposted apartment 5, there are visitor spaces also.
Agent has been made aware of the following charges: Ground Rent - £200.00 per annum (approximately) Service Charge - £700.00 per annum (approximately) Lease Start Date - 23rd March 2021 Lease Term - 125 years from and including 2nd January 2020 Mobile coverage from four major networks available* Ultrafast Broadband available* All services are mains connected Two allocated parking spaces, also visitor parking *Results provided by Ofcom and correct at time of listing Open Plan Kitchen/Diner/Lounge (4.8m x 4.5m) Bedroom (3.9m x 2.7m) En Suite Shower Room (1.9m x 1.2m) Two Allocated Parking Spaces
Value & comps
No previous sales on record.
Returns
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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 The Basement, Bowring Hall, 300, Holyhead Road, Telford
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