1-bedroom flat · SY1 2BQ
Let agreedListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
VIRTUAL TOUR AVAILABLE - Superb opportunity to rent a high quality one bedroom apartment in a recently completed residential development in the heart of historic Shrewsbury.
The development benefits from gated parking, secure bike store, lift access and high quality fixtures and fittings throughout.
Situated in one of Shrewsbury's most recognisable buildings, the apartments occupy a fantastic position on this historic street a stone's throw from the castle, library and railway station.
Available: 14/10/26 Comprising: Generous communal entrance hall including lift to first & second floor, attractive communal staircase, communal landing, private entrance hall including large store cupboard, superb modern kitchen including oven, induction hob, full sized integrated fridge / freezer and integrated dishwasher, living & dining area benefitting from large windows overlooking Castle Street, attractive shower room with walk in shower and high end fittings, master bedroom.
The development benefits from a communal bike store and allocated (gated) parking for each apartment. Blinds included. EPC C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Castle Street, Shrewsbury
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