2-bedroom flat · SY2 6BW
Sold STCListed 222 days
Opportunity summary
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About
Occupying an elevated position with lovely views towards the Reabrook Nature Reserve, this well-presented two-bedroom apartment offers thoughtfully designed accommodation, with a private balcony and allocated parking, located within walking distance of the town centre.
Mains water, electricity and drainage are connected. Electric heating.
Key Features - * Neatly kept communal hallway which is currently being re-decorated * Good sized inner hall with useful storage * Open plan kitchen/dining room with a range of fitted units and space for appliances * Separate living room with a window and glazed door to the rear, providing access to the balcony which has a great view towards the nature reserve * Two double bedrooms, with the master also having built-in wardrobes, and a family bathroom with shower * Double glazed windows and electric heating * Attractive communal gardens as well as a private parking space * A really good location in a quiet and private setting, yet just a few minutes' walk from the town centre and some excellent local amenities * The building is managed by its residents, and the service charge has been set at a reasonable level while ensuring all communal areas and the building as a whole are well looked after.
As part of the ongoing management, new external windows and doors are to be replaced this year (2026) which will enhance the efficiency and appearance of each apartment Kitchen/Dining Room - about 2.8 x 5.2 (about 9'2" x 17'0") - Living Room - about 3.5 x 3.5 (about 11'5" x 11'5") - Bedroom One - about 3.6 x 3.3 (about 11'9" x 10'9") - Bedroom Two - about 2.6 x 4.3 (about 8'6" x 14'1") - Bathroom -
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
About Belgravia Court, Abbey Foregate, Shrewsbury
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