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The Gallery, 13 Market Place, Shifnal, Shropshire, TF11 9AU

PROPERTY TYPE

Apartment

BEDROOMS

7

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1Floorplan 2
5

Key features

  • Fantastic Investment Opportunity Four Spacious Individual Apartments & One Commercial Shop
  • Great High Street Location in The Heart Of Shifnal Town
  • Fully Let out Approximately £39k PA
  • 2 x Two Bedrooms Apartments & 1 x One Bedroom House with Private Garden &1 x Two/Three
  • Ground Floor Commercial Shop with wc
  • Approximate Yield of 7.8%
  • For More Details Contact Mannleys
  • Grade II Listed Building
  • Court Yard Garden to One Apartment
  • EPC RATINGS - TBC

Description

An exceptional investment opportunity awaits in the heart of Shifnal town centre with this impressive Grade II Listed building, known as The Gallery. This unique property presents a rare chance to acquire a fully let-out asset, offering a substantial approximate yield of 7.8%. It perfectly aligns with the discerning investor's portfolio, promising consistent returns and long-term value within a vibrant community setting. Mannleys, with our expert local knowledge and full-service support, is delighted to present this distinctive offering.

This substantial building comprises a versatile mix of residential and commercial spaces, meticulously maintained and currently generating a robust income. The ground floor hosts a commercial shop, complete with its own WC facilities, benefiting from a prominent high street location that ensures excellent footfall and visibility. This commercial unit forms a crucial part of the property's attractive income stream, contributing to its overall investment appeal. The blend of commercial and residential elements underscores the property's diverse income potential and resilience.

Ascending to the upper floors, the property reveals four individual, spacious apartments, each thoughtfully designed to maximise comfort and appeal to tenants. These residential units are fully let, providing immediate and reliable rental income. The configuration includes a two/three bedroom 3 storey apartment/house, two generous two-bedroom apartments, ideal for couples or small families seeking comfortable living in a central location. Additionally, there is a charming one-bedroom house that features private garden, perfect for single occupants or young professionals. Each apartment offers a welcoming living environment, contributing to the property's strong tenant retention and desirability. The collective rental income from these units, combined with the commercial space, totals approximately £39,000 per annum, making this a truly compelling proposition for investors seeking a high-performing asset.

The external presentation of this Grade II Listed building reflects its historical significance and architectural charm, contributing positively to the aesthetic of Shifnal's high street. . The property's location directly on the high street ensures excellent accessibility for both residents and commercial patrons, with local amenities, transport links, and community facilities all within easy reach.

Shifnal itself is a highly desirable market town, known for its blend of traditional charm and modern conveniences. It offers a welcoming community atmosphere, excellent local schools, independent shops, and a variety of eateries. The town benefits from superb transport links, including a railway station providing direct services to Wolverhampton and Birmingham, and easy access to the M54 motorway, connecting to the wider national network. This strategic location enhances the appeal of the residential units to tenants and ensures continued demand for the commercial space. Investing in Shifnal means investing in a thriving locale with a strong sense of community and ongoing growth. Mannleys provides trusted advice and exceptional service, guiding you through every step of this significant investment opportunity.
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Gallery, 13 Market Place, Shifnal, Shropshire, TF11 9AU

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About Mannleys Sales & Lettings, Telford

23A Market Street, Wellington, Telford, TF1 1DT

Introducing MANNLEYS Sales and Lettings, we offer a fresh approach to the property world. Our vastly experienced team of enthusiastic property professionals have outstanding knowledge of Residential Sales, Lettings, Residential Land/Developments and Property Management.

As a newly established independent local agency we have a single vision : To provide exceptional first class service for each and every client.

Your mortgage

Per year
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%
Choose between 1 and 40 years
Years
%
Monthly repayments
£2,440
We think you can borrow up to
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Disclaimer - Property reference MNN_WLL_LFSYCL_910_1035457945. 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 Mannleys Sales & Lettings, Telford. 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.
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