2-bedroom semi-detached house · SY11 2YL
Sold STCListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**For Sale by Online Timed Auction – please visit the Halls website to register and bid online or contact Halls Oswestry office for assistance.
A two bedroom semi-detached property in need of modernisation. Description - A two-bedroom semi-detached property situated in a popular residential location within Oswestry.
The property benefits from a living room, kitchen/dining room, conservatory, two bedrooms and a family bathroom. Externally, there is driveway parking, a detached garage and enclosed rear garden.
Offering scope for cosmetic improvement, this property presents an excellent opportunity for first-time buyers, investors or those seeking a project in a sought-after area. Viewing recommended.
Situation - Smale Rise is a sought-after residential area, offering easy access to Oswestry town centre with its range of shops, schools, and amenities, making this a convenient and practical home in a friendly neighbourhood.
Outside - Externally, the property benefits from a rear garden, perfect for outdoor entertaining or gardening.
To the front, there is a section of lawn adjacent to a gravelled driveway providing off-road parking, along with a single garage offering further storage or workshop space.
Directions - From Oswestry town centre, proceed along Gobowen Road (A5) and at the roundabout take the exit signposted for the town centre.
Continue along Middleton Road before turning left onto Cabin Lane. Follow the road and take the turning into Smale Rise, where the property will be found a short distance along on the left-hand side.
W3w - ///boosted.plums.perkily Auction/Legal Pack - A legal pack will be prepared by the Solicitor in advance of the auction.
A copy can be requested from the Selling Agent (see Conditions of Sale below).
Buyers Premium - In addition to the contract deposit required, buyers should note when bidding, that on the fall of the gavel, the purchaser will be responsible for paying a Buyer's Premium as noted.
This is additional to the purchase price and set at 3.5% plus VAT of the "hammer price", subject to a minimum fee of £4,000 plus VAT or if the "hammer price" is £24,999 or less there will be a fixed fee of £2,000 plus VAT.
Buyers Register - Purchasers interested in bidding for a lot are required to complete a BUYER'S REGISTRATION FORM prior to bidding at the Auction AND PRODUCE ID.
FAILURE TO REGISTER MAY RESULT IN THE AUCTIONEER REFUSING TO ACCEPT YOUR BID.
Condition Of Sale - Please note that the property is sold in accordance with the Common Auction Conditions (4th Edition, March 2018) (a copy of which is included with the Legal Pack).
Special Conditions of Sale relating to each lot are available upon request from the Auctioneers or the Vendors Solicitor prior to the auction.
The contract and special conditions of sale will not be read out by the auctioneers at the auction, but will be available for inspection at the auctioneer's offices or the vendors solicitors for a period before the auction date.
Purchasers will be deemed to have inspected these Special Conditions of Sale and will be legally bound by these conditions which will form part of and will be attached to the Sale Memorandum.
Services - We understand that the property benefits from mains water, mains electricity, mains drainage and mains gas central heating.
Purchasers should make their own enquiries regarding the availability and suitability of all services. Council Tax Band - Council Tax Band: B Local Authority - Shropshire County Council.
Possession And Tenure - Freehold with vacant possession on completion. Viewings - Strictly by appointment with the selling agent.
Auction Anti-Money Laundering Requirements - Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("the ML Regulations"), we are obliged to obtain proof of identity for buyers, their agents, representatives, including bidders, and ultimate beneficial owners ("relevant individuals"), before an individual is allowed to bid on an auction lot, or an offer is accepted.
PLEASE NOTE YOU WILL NOT BE ABLE TO BID UNLESS YOU SATISFY THIS OBLIGATION. For full details on what we will require on or before the timed auction, please visit our website.
If you are the successful bidder/s of this lot, further Anti-Money Laundering checks will be carried out using a specialist third-party company, Movebutler. We thank you for your cooperation.
There is a cost of £30 for this per buyer.
Online Timed Auction - 18, Smale Rise will be offered for sale by Unconditional Online Timed Auction, bidding opens at 12 midday on Friday 7th August and closes at 12 midday on Thursday 13th August.
The Auctioneers, as agents for the vendors, reserve the right to alter, divide, amalgamate or withdraw any of the property for sale at any time.
The Auctioneers, further, reserve the right to sell the property privately, prior to Auction without prior notice or explanation and no liability will be accepted to any intending purchaser in consequence of such a decision.
Contract & Special Conditions Of Sale (Legal Pack) - The property will be sold subject to the Special Conditions of Sale, which can be requested from Halls, the Auctioneers or the Solicitors at Hibberts Nantwich prior to the date of the auction.
The purchasers shall be deemed to purchase with full knowledge thereof, whether he/she has read the Special Conditions of Sale or not.
Guide Price & Reserve - Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a RESERVE (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Smale Rise, Oswestry.
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