
Market Street, Wem, Shrewsbury

- PROPERTY TYPE
House
- BEDROOMS
7
- BATHROOMS
4
- SIZE
2,325 sq ft
216 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
All 4 flats have mains water, electricity and drainage connected with electric heating
Key Features -
* Flat 1 – private inner hallway, double bedroom and separate shower room, fitted kitchen, open plan living/dining room connecting to a rear courtyard garden. Currently paying £520 PCM with a potential rental income of circa £550 PCM
* Flat 2 – private inner hallway, two bedrooms, separate shower room, fitted kitchen, open plan living/dining room. Current tenant paying £505 PCM with a potential rental income of circa £565 PCM
* Flat 3 - private inner hallway, two bedrooms, separate shower room, fitted kitchen, open plan living/dining room. Current tenant paying £530 PCM with a potential rental income of circa £565 PCM
* Flat 4 - private inner hallway, two bedrooms, separate shower room, fitted kitchen, open plan living/dining room with feature curved wall and multiple windows to rear. Current tenant paying £505 PCM with a potential rental income of circa £565 PCM
* Impressive front door and communal entrance hall with lovely stained-glass windows and access to all apartments
* Restored feature double glazed windows to front and uPVC double glazing to the rear of the building
* Very useful separate bin/bike store for resident’s use , accessed via Market Street
* The current owner has an agreement with the conservative club over the road, allowing each apartment to have its own parking space, which could be transferred to the next buyer
* All four apartments are successfully let on assured shorthold tenancies, currently providing an income of £24,720 per annum and a yield of circa 6.4%. However, most tenants have been long standing, and the individual rents have scope to be increased to be in line with market value, which is likely to produce a potential yield of circa 7%
Brochures
Property Details.pdfFlat 1 EPCFlat 2 EPCFlat 3 EPCFlat 4 EPC- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Market Street, Wem, Shrewsbury
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Visit our security centre to find out moreDisclaimer - Property reference 33886254. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper Green Pooks, Shrewsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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