4-bedroom detached house · SY1 4FF
Sold STCListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive detached modern family home that has been updated with an impressive garden situated in a popular location.
Directions - From Shrewsbury town centre proceed along Castle Foregate and onto the A512 Whitchurch Road.
Proceed along heading straight pass the Tesco supermarket on the left hand side and take the right turn into Shillingstone Drive.
Take the first left onto Rondell Street, followed by the left turn into Pikeman Avenue and then almost immediately right again.
Continue along until joining Lancer Road turning left and the property will be identified on the right hand side.
Situation - The property is situated in a most convenient residential locality towards the north east outskirts of Shrewsbury.
There are a selection of local amenities including shops, retail outlets including Morrisons and Tesco supermarkets. Schooling is available locally along with a regular bus service.
The town centre goes on to provide a more comprehensive range of social and leisure amenities together with a rail service.
Commuters will be pleased to note there is quick access provided to the A49 bypass, which links to the A5 and M54 motorway and through to Telford.
Description - Occupying a generous plot within a well regarded residential setting, this beautifully presented four bedroom detached home offers exceptionally well balanced accommodation ideally suited to modern family living.
Thoughtfully designed throughout, the property combines contemporary styling with practical living spaces and benefits from a highly efficient specification.
The welcoming entrance hall leads through to an elegant reception room of excellent proportions with panelling, feature wall with log burning stove and space for a TV above.
There is a separate playroom which is currently arranged as a home office, offering considerable versatility.
To the rear, a spacious kitchen/breakfast room forms the hub of the home, fitted with a comprehensive range of cabinetry and integrated appliances, with adjoining utility room and guest cloakroom.
On the first floor are four well proportioned bedrooms and a family bathroom. The principal bedroom enjoys the added benefit of an en suite shower room.
Outside - Externally, the property is approached via a private driveway providing parking for several vehicles alongside an integral garage which has been converted.
The rear garden is particularly attractive, with astro turf and wrap around patio perfect for outdoor dining and entertaining.
General Remarks - Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Fixtures And Fittings - Only those items described in these particulars are included in the sale.
Terms Of Lease/Shared Ownership Information - The property is subject to a Section 106 affordability clause meaning that the property is sold at 50% of the open market value.
For further information please contact our office.
125 years from 8th April 2019 - 118 years remaining Ground rent: £448.61 per annum (approximate charge) Service charge: £54.03 per annum (approximate charge) Services - Mains water, electricity, gas and drainage are understood to be connected.
None of these services have been tested. Council Tax - The property is in Council Tax Band 'D' on the Shropshire Council Register.
Viewings - By appointment through Halls, 2 Barker Street, Shrewsbury, SY1 1QJ.
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.
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FAQ
About 44 Lancer Road, Shrewsbury, SY1 4FF
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