2-bedroom bungalow · SY4 5TW
Listing removedListed 481 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** scope for modernisation with no upward chain *** An opportunity to purchase this well-proportioned two bedroom semi-detached Bungalow offered for sale with no upward chain and ideal for those looking to downsize.
Set in this much sought after location ideally placed for amenities and a short stroll from the Railway Station which has links to Shrewsbury, Crewe and London.
The accommodation briefly comprises Kitchen, . Living/Dining Room overlooking Garden, Two Bedrooms and a Bathroom.
The property has oil fired central heating, driveway with parking and delightfully private enclosed garden. Viewing highly recommended.
Location The property occupies an enviable position in the heart of this popular market Town perfect for commuters with the Railway Station being a short stroll away with links to the County Town of Shrewsbury, Crewe and London.
Wem is totally self sufficient with amenities including supermarkets, primary and secondary schools, doctors, range of independent stores, restaurants, takeaways, public houses and active Town Hall.
Kitchen Fitted with a range of space units under contrasting work surfaces incorporating single stainless steel drainer sink.
Further range of matching eyelevel cupboards and space for freestanding appliances. Storage cupboard and window to the rear.
Living And Dining Room A generously proportioned and light flooded room with glaze door overlooking the garden.
Bedroom One A double bedroom fitted with a range of built in cabinetry with window to the front. Bedroom Two A single bedroom or optional study with window to the front.
Bathroom Fully tiled with a contemporary suite comprising panel bath with shower over, low level flush WC and hand wash basin. Linen cupboard, radiator and window to side.
Outside The property is approached over hardstanding providing ample driveway parking for a number of vehicles. The front garden is mainly laid to lawn for ease of maintenance.
The enclosed rear garden is remarkably private and enjoys a sandstone terrace which extends from the rear of the property and pathway to a sun terrace at the far boundary flanked by expanse of lawn on either side and well stocked flowerbeds.
Large garden shed and side pedestrian access. Services Oil fired central heating. All other mains services connected. General Information Tenure We are advised the property is Freehold.
We would recommend this is verified during pre-contract enquiries.
Council tax banding As taken from the website we are advised the property is in Band B - again we would recommend this is verified during pre-contract enquiries.
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.
Electrical 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
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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
Agent & docs
FAQ
About 63, Somerset Way, Shrewsbury
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