2-bedroom bungalow · SY1 2QT
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 2 bedroom mews bungalow - personal garden *** show apartment opens this Saturday 24th and Sunday 25th October 11.00AM - 2.00PM.
With its own gated, personal garden this is an excellent opportunity to purchase this individual 2 bedroom Bungalow offering lovely light, spacious and airy accommodation - perfect for those looking to downsize, first time buyer or lock up and go.
Set within the grounds of this former Georgian home which has been converted and now comprises of just 14 homes, being a short stroll from local amenities, the Railway Station and Town Centre.
For commuters there is ease of access to the A5/M54 motorway network.
Creating a modern lifestyle and finished to a contemporary specification the property briefly comprises Reception and Study area, open plan Living/Dining/Kitchen with range of integrated appliances and French door leading onto the personal garden, 2 double Bedrooms and Shower Room.
The property has the benefit of gas central heating, allocated parking, EV charging, enclosed garden and to the rear is the benefit of a communal garden. Viewing highly recommended.
Location Lymehurst Place occupies an enviable position on the edge of the Town, being a short and pleasant stroll from the railway station and all of the Town Centre amenities.
For commuters there is ease of access to the A5/M54 motorway network.
A stunning medieval town, Shrewsbury is steeped in history, being the birthplace of Charles Darwin, home to 660 listed buildings and the famous Shrewsbury Quarry which the River Severn cradles.
Recently voted the UK's number one High Street, Shrewsbury's Wyle Cop boasts an array of independent traders which complement national stores, banks and building societies.
The Town plays host to wonderful cafe's, bars, restaurants and entertainment venues, including Theatre Severn, which is Shropshire's premier arts venue.
Description This former Nursing Home is being lovingly restored to provide a selection of one and two bedroom Mews Bungalow style homes and the original period home being refurbished to provide one and two bedroom Apartments each offering individual living space and being finished to a high standard of specification by a local contractor.
10 Lymehurst Place provides an opportunity for single storey living with a lovely through open plan Living/Dining/Kitchen, 2 generous Bedrooms and Shower Room with complementary flooring throughout.
Each home features gas central heating, double glazing, allocated parking and a number of EV charging points along with lovely communal gardens.
We are advised that planning restrictions prevent the use of the Apartments being used for Air B&B purposes.
Entrance/Boot Storage Area Door opens to a Reception area which provides a great space for cloaks/boots etc. Additional recess area which is perfect for desk/reading area.
Open Plan Living/Dining/Kitchen This lovely room is beautifully lit by windows to two elevations and French door leading onto the garden area.
The Kitchen is attractively fitted with range of cream fronted units incorporating single drainer sink with mixer taps set into base cupboard.
Further range of cupboards and drawers with work surfaces over and having integrated dishwasher with matching facia panel and space for washing machine and fridge/freezer.
Inset 4 ring hob with extractor hood over and oven and grill beneath and complementary eye level wall units.
Feature breakfast island with attractive acoustic style panelling and over hang seating area with light fitting over. Recessed ceiling lights and space for dining table. Radiator.
Cupboard housing gas central heating boiler. Bedroom 1 A generous double room with window to the rear. Radiator. Bedroom 2 Another generous double room with window to the front, radiator.
Shower Room Fitted with suite comprising shower cubicle, wash hand basin and WC.
Outside Set back from the road and screened with sandstone walling and mature hedging to the car parking area with allocated space for each apartment.
11 Lymehurst Place has its own enclosed garden which is laid to lawn and screened with fencing. Allocated parking with EV charging.
To the rear of Lymehurst Place is a communal garden which will be landscaped for all the residents to enjoy.
General Information Tenure We are advised the property is will be Leasehold/Freehold where each owner will own a share of the Freehold. Service charges are to be confirmed.
Services We are advised that all main services are connected. Council tax banding As this is a new conversion property the Council has not yet set the banding.
Financial services We are delighted to work in conjunction with the highly reputable `Ellis-Ridings Mortgage Solutions’ who offer free independent advice and have access to the whole market place of Lenders.
We can arrange for a no obligation quote or please visit our website where you will find the mortgage calculator.
Legal services Again we work in conjunction with many of the Counties finest Solicitors and Conveyancers. Please contact us for further details and competitive quotations.
Removals We are proud to recommend Daniel and his team at Homemaster Removals. Please contact us for further details.
Need to contact us We are available 8.00am to 8.00pm Monday to Friday, 9.00 am to 4.00pm on a Saturday and 11.00am to 2.00pm on Sunday, maximising every opportunity to find your new home.
Important Notice - Monks for themselves and for the vendors of this property, whose agents they are give notice that: These particulars provide a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract.
All descriptions, dimensions and distances are approximate, references to state and condition, relevant permissions for use and occupation and other details are provided in good faith and believed to be correct.
No person in the employment of Monks has any authority to make or give any representation or warranty whatever in relation to this property.
Electrics and other appliances mentioned in these particulars have not been tested by Monks. Therefore prospective purchasers must satisfy themselves as to their working order.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Ellesmere Road, Shrewsbury
Explore nearby