1-bedroom flat · SY1 2DL
Sold STCListed 308 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with NO UPWARD CHAIN and boasting a enclosed walk-out balcony with views over the River Severn and towards the Shrewsbury town centre.
This is a spacious and well presented one double bedroom first floor apartment.
The property is situated on this popular development constructed by the renowned local builders Shropshire Homes, and is within striking distance of tranquil riverside walks leading to the medieval town centre of Shrewsbury and being well placed for easy access to the local bypass linking up to the M54 motorway network.
Viewing comes highly recommended by the agent.
The accommodation briefly comprises of the following: Communal entrance hallway, communal first floor landing, entrance hall, modern open plan lounge/diner kitchen, double bedroom with large built-in mirror fronted wardrobe, bathroom, enclosed walk-out balcony taking full advantage of the riverside views, well kept communal grounds, allocated car parking space, electric heating, sealed unit double glazing.
The accommodation in greater detail comprises: Communal entrance gives access to: Communal Hallway - Stairs then rise to: Communal First Floor Landing - Entrance door then gives access to: Entrance Hallway - Having wall mounted digital control electric heater, wall mounted telephone intercom system, cupboard housing water tank.
Door from entrance hallway gives access to: Open Plan Lounge/Diner/Kitchen - 6.35m x 4.85m (20'10 x 15'11) - The lounge/diner area comprises: Two sealed unit double glazed sash window with a pleasing aspect over the communal grounds, the River Severn and beyond, two wall mounted digital control electric heaters, wall light points.
The kitchen area comprises: Modern eye level and base units with built-in cupboards and drawers, integrated oven, four ring electric hob with stainless steel cooker canopy over, fitted worktops with inset stainless steel sink drainer unit with mixer tap over, vinly floor covering, sealed unit double glazed French doors then give access to: Enclosed Walk-Out Balcony - with a pleasing aspect over the communal grounds towards the River Severn and beyond.
From entrance hallway door gives access to: Double bedroom and bathroom.
Bedrtoom - 4.19m max into recess reducing down to 3.56m min x - Having sealed unit double glazed sash window to rear, large built-in mirror fronted double wardrobe, wall mounted digital heating control electric heater.
Bathroom - Having a three piece suite comprising: Panel bath with mixer shower over, folding glazed shower screen to side, WC with hidden cistern, wash hand basin set to vanity unit, wall mounted heating control electric heater, sealed unit double glazed sash window to rear, strip light with built-in shaver point, extractor fan to ceiling.
Outside - There is an arrange of neatly kept communal grounds and one allocated car parking space. 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: Length of lease (in years) remaining on current lease: 179 years.
Ground charge per year: £100.00 Ground rent review date and price increase: Review date 2054. Price increase £200.00.
Service charge per year: £1896.78 (paid up until 30th June 2026) 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
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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
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FAQ
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