We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SY1 1HR
Sold STCListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within this most attractive Grade II listed building of luxury apartments, this is a stylishly presented, improved/upgraded and particularly well proportioned one double bedroom first floor apartment.
The property boasts instantly appealing bright and airy living accommodation throughout and has the added benefit of being accessed via a communal lift and NO UPWARD CHAIN.
The property is situated within the heart of the medieval town centre of Shrewsbury having an array of excellent independent and major amenities and is within striking distance of riverside walks within the Quarry Park.
This property will suit an number of buyers and early viewing is highly recommended by the agent.
The accommodation briefly comprises of the following: Communal entrance with communal staircase and lift, communal first floor landing, entrance hallway, lounge/diner, modern refitted kitchen/breakfast room with built-in appliances, double bedroom with large built-in wardrobe, contemporary refitted shower room, double glazing throughout offering a pleasing aspect towards Barker Street, electric heating, town Centre location, NO UPWARD CHAIN.
Viewing is highly recommended.
The accommodation in greater detail comprises: Secure communal intercom entrance gives access to: Communal Hallway - With communal stairs and lift with access to a bicycle store if required.
Gives access to: Communal First Floor Landing - Apartment entrance door gives access to: Entrance Hallway - Having wood effect flooring, store cupboard housing unvented hot water tank cistern.
From entrance hallway door gives access to: Lounge/Diner - 4.65m max x 4.09m max (15'3 max x 13'5 max) - Having two double glazed windows with pleasing aspect towards Barker Street, TV and telephone points, replaced wall mounted electric heater, wall light points, wall mounted telephone intercom.
Access from lounge/diner leads to: Refitted Kitchen/Breakfast Room - 2.74m x 2.62m (9'0 x 8'7) - Having a range of replaced eye level and base units with built-in cupboards and drawers, integrated fridge freezer, oven with four ring hob and cooker canopy over, integrated washing machine, tiled floor, tiled splash surrounds, fitted worktops with inset stainless steel sink drainer unit with mixer tap over, two double glazed windows with pleasing aspect towards Barker Street.
From entrance hallway doors give access to: Bedrooms and refitted shower.
Double Bedroom - 3.38m max x 2.69m (11'1 max x 8'10) - Having a large bult-in double wardrobe, two double glazed window with a pleasing aspect towards Barker Street, TV aerial point, wall mounted electric heater.
Refitted Shower Room - Having a stylish suite comprising: Large tiled shower cubicle, low flush WC, pedestal wash hand basin with mixer tap over, wood effect flooring, heated chrome style towel rail.
mirror fronted bathroom cabinet, shaver point, recessed spotlights to ceiling, wall mounted extractor fan, strip light with built-in shaver point.
Services - Mains water, electricity, drainage are all understood to be 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. Council Tax Band A - Tenure - We are advised that the property is LEASEHOLD.
The vendor/s have informed us these details/charges are applicable: Approximate Length of lease remaining is 183 years Service charge £1944.00 per annum Ground rent £100.00 per annum Ground rent review date and price increase TBC Service charge £1944.00 per annum The above charges/lease details have not been verified and confirmation will be forthcoming from the vendor's solicitors during pre-contract enquiries.
Mortgage Services - We offer a no obligation mortgage service through our in house Independent Financial Advisor. Telephone our Office for further details (OPTION 1 SALES).
Referral Fee Disclaimer - Guidance from the Consumer Protection from Unfair Trading Regulations 2008 requires the Estate Agency sector to address the issue of transparency of fees.
Holland Broadbridge refers clients to carefully selected local service companies, as we believe you may benefit from using their services.
You are under no obligation to use the services of any of the recommended companies, though if you accept our recommendation the provider is expected to pay us a referral fee.
Disclaimer - Any areas / measurements are approximate only and have not been verified. VACANT POSSESSION WILL BE GIVEN ON COMPLETION.
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
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

FAQ
About Theatre Royal, Shoplatch, Shrewsbury
Explore nearby