2-bedroom flat · SY1 2LQ
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fully or part furnished apartment has recently been refurbished and is situated in this extremely desirable development within minutes walk of Shrewsbury Town Centre, the train and bus stations.
Cornmill Square offers modern stylish living with designated parking, attractive well maintained private gardens and communal areas.
This ground floor property consists of an entrance Hall with useful storage area. The entrance hall leads to a large open hallway which can be used as a separate reception room.
There is a good sized double bedroom with separate access to the main bathroom. A second bedroom at the rear of the property benefits from a patio door leading to the rear garden.
The living room provides modern open plan living combining the kitchen area and views through patio doors to the garden area.
The kitchen is fitted with integrated cooker and hob, fridge freezer and washing machine. A gate from the garden leads to large private shared gardens and open spaces.
This is a rare opportunity to rent a stylish, fully furnished property in a very sought after development so close to the town centre. Viewing is strongly recommended.
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
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FAQ
About 17, Cornmill Square, Shrewsbury
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