2 Bed Flat, Single Let, Whitchurch, SY13 4JZ, £210,000

Terrick Hall, Whitchurch, SY13 4JZ - 5 months ago

Sold STC
Leasehold
BTL
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£54K - £220K
Sold Prices/m²£1.1K/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£113,518

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,800

Total Cash In

£60,300

 

 

Cash Out

 

Rent Range

£605 - £800

Rent Estimate

£625

Running Costs/mo

£801

Cashflow/mo

£-176

Cashflow/yr

£-2,115

Gross Yield

4%

Local Sold Prices

16 sold prices from £54K to £220K, average is £96.5K. £1.1K/m² to £2.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£220K03/220 miApartment 3, Terrick Hall Hotel, Terrick Road, Whitchurch, Shropshire SY13 4JZ2
£188K11/210.01 miApartment 4, Terrick Hall Hotel, Terrick Road, Whitchurch, Shropshire SY13 4JZ2
£200K01/220.01 miApartment 1, Terrick Hall Hotel, Terrick Road, Whitchurch, Shropshire SY13 4JZ2
£90K06/220.66 miFlat 6, Westune, St Johns Street, Whitchurch, Shropshire SY13 1QT2
£96.5K10/200.66 miFlat 4, Westune, St Johns Street, Whitchurch, Shropshire SY13 1QT2
£96.5K10/200.66 miFlat 4, Westune, St Johns Street, Whitchurch, Shropshire SY13 1QT2
£96.5K10/200.66 miFlat 4, Westune, St Johns Street, Whitchurch, Shropshire SY13 1QT2
£80K03/210.66 miFlat 3, Westune, St Johns Street, Whitchurch, Shropshire SY13 1QT2
£71K11/220.67 mi35, St Johns Park, Whitchurch, Shropshire SY13 1UL2
£72K02/240.67 mi72, St Johns Park, Whitchurch, Shropshire SY13 1UN2
£54K01/220.67 mi59, St Johns Park, Whitchurch, Shropshire SY13 1UL2
£72.5K02/220.67 mi25, St Johns Park, Whitchurch, Shropshire SY13 1UL2
£110K10/220.67 miFlat 6, The Hermitage, Church Street, Whitchurch, Shropshire SY13 1LB2
£58K08/210.67 mi23, St Johns Park, Whitchurch, Shropshire SY13 1UL2
£98K10/220.84 mi9, Earl Edwin Mews, Whitchurch, Shropshire SY13 1DT2
£97K11/220.86 mi5, Earl Edwin Mews, Whitchurch, Shropshire SY13 1DT2

Local Rents

14 rents from £605/mo to £800/mo, average is £670/mo.

RentDateDistanceAddressBeds 
£72506/240.59 mi-2
£77502/250.62 mi-2
£77502/250.62 mi-2
£80009/240.69 mi-2
£65009/240.71 miHigh Street, Whitchurch, Shropshire2
£65009/240.74 miGreen End, Whitchurch, Shropshire2
£62509/240.74 mi-2
£62509/240.74 mi-2
£67009/240.88 mi-2
£67009/240.89 mi-2
£60510/240.9 mi-2
£65010/240.9 mi-2
£67509/240.97 miWrexham Road, Whitchurch2
£69509/240.98 miEdward German Drive, Whitchurch, Shropshire2

Local Area Statistics

Population in SY13

19,117

Population in Whitchurch

24,885

Town centre distance

103.78 miles away

Nearest school

0.80 miles away

Nearest train station

0.85 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £210,000

January 27, 2025

Listed for £220,000

November 20, 2024

Sold for £200,000

2022

Sold for £132,000

2016

Floor Plans

Description

  • Spacious Ground Floor Apartment +
  • Entrance Hall, Large Lounge /Diner +
  • Kitchen, Two Double Bedrooms +
  • New Bathroom, Electric Heating +
  • Private Courtyard Garden +
  • Parking for Two Cars +
  • Double Glazed Windows +
  • Popular Location +

Terrick Hall is situated on the edge of Whitchurch in a picturesque location overlooking Hill Valley golf course. The Victorian building was formerly a hotel before it was converted in 2015 to create seven unique apartments. The accommodation briefly comprises entrance hallway, large living room, fitted kitchen with integrated appliances. There is a master bedroom with en suite shower room. There is a further double bedroom and newly fitted bathroom. The ground floor apartment has electric heating and double glazed windows. There is a private courtyard with summer house and access to the parking area.

Location - Terrick Hall is located within 1 mile of Whitchurch Town Centre where there is excellent local shopping, schooling, recreational and leisure facilities. Whitchurch has an excellent range of cafes, restaurants and pubs. There is a championship golf course, football, cricket & rugby clubs in the town. Close by is the Hill Valley Hotel, Golf Club & Spa with two championship golf courses hotel and spa. There is also walking around the edge of the courses.

Whitchurch is within daily commuting distance of surrounding towns and business centres of Chester, Shrewsbury, Telford, Wrexham, Nantwich and Crewe. The town also benefits from a main line rail link to Shrewsbury, Crewe and Manchester.

Brief Description - Welcome to Terrick Hall - This delightful ground floor apartment conversion offers a perfect blend of modern living within a historic setting. With a large living room, 2 bedrooms, and 2 bathrooms, this property provides a comfortable and spacious living space spanning 831 sq ft. There is also a private courtyard garden and parking for two cars.

Recently Terrick Hall has undergone a major refurbishment including external decoration, rendering, repairs to the roof and rainwater goods.

Accommodation Comprises - Communal front entrance door opens into the large reception hall with high ceilings and wonderful staircase with stairs ascending to all floors.

Door from this to the

Entrance Hall - Spacious entrance hall with door to a useful store cupboard, 2nd door to an airing cupboard and an area for a small desk which could be used for a study area.

Living Room - 5.99m max x 5.92m max (19'7" max x 19'5" max) - Feature double glazed bay window which has a pleasant overlook over the communal gardens. There is also a wonderful high ceiling, two electric panel heaters and space for a dining table.

Door to the

Kitchen - 2.72m x 2.31m (8'11 x 7'7) - Range of base and wall mounted units, wooden worktop surfaces, inset sink unit and double glazed windows to the front. There are integrated appliances including a slim line dishwasher, washing machine, drinks fridge and fridge freezer. There is also an electric oven and ceramic hob.

Bedroom One - 3.73m max x 3.12m (12'3 max x 10'3) - Double glazed full height window into the courtyard, high ceiling, picture rail and door to spacious wardrobe. There is also an electric panel heater and door to the

En Suite - White suite comprising shower enclosure, low flush W.C and wash hand basin. The owner is in the process of installing a new electric towel radiator.

Bedroom Two - 3.78m x 2.06m (12'5 x 6'9) - Double glazed windows to the courtyard and electric panel heater.

Bathroom - New bathroom with panelled bath with shower above, vanity unit with wash hand basin and W,C. There is an electric towel radiator, floor and wall tiling and a high ceiling.

Private Courtyard Garden - There is a gate from the parking area and door from the inner hall into the private garden which has a summer house, astro turf lawn. The summer house has a power supply.

Outside - The property is accessed off Terrick Road to a shared driveway for the complex. There are two allocated parking spaces to the front of the apartment and there are also additional visitor parking. The communal gardens are laid to lawn enclosed by mature trees and hedges.

Communal Cellar - The communal cellar is shared by the residents of Terrick Hall for storage.

Viewing Arrangements - Strictly through the Agents: Halls, 8 Watergate Street, Whitchurch, SY13 1DW Telephone
You can also find Halls properties at rightmove.co.uk & Onthemarket.com
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Directions - From the centre of Whitchurch head north onto Bargates, then at the roundabout turn right onto London Road, follow this road for approximately a 1/5 of a mile then turn left onto Claypit Street, continue onto Alport Road then turn left onto Terrick Road, follow this road for approximately a 1/4 of a mile and the property will be found on the right hand side.

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Council Tax - Shropshire - The current Council Tax Band is 'C'. For clarification of these figures please contact Shropshire Council on .

Services - We believe that mains water, electricity and drainage are available to the property. There are electric panel heaters in most of the rooms.

Tenure - Leasehold - We understand that the property is Leasehold although purchasers must make their own enquiries via their solicitor.
Term of Lease: 125 years with 116 Years remaining.
Management Fee: £300.00 pcm but there is a forecast that it will be reduced to £200 in January 2025
All seven residents within the building own a equal share of the freehold.

Joint Freehold & Maintenance - The freehold of the hotel is held by Terrick Hall Management Company Ltd, which has seven shareholders - one share per apartment. Each apartment owner, upon purchase, becomes a one seventh shareholder of Terrick Hall Management Company Ltd. Joint ownership of an apartment results in joint ownership of one share.
The company is governed by its Articles of Association and UK law.

Maintenance
The following are within the forecasted budget:
• Cutting of lawns to front and rear of the building - fortnightly in season.
• External window cleaning, once a quarter.
• Hedge cutting as required.
• Weed suppression in common external areas as needed
• Electric to common areas.

To manage expenditure, some activities are undertaken by shareholders:
• Shared vacuuming of common areas
• Care of garden borders.

Agent Details

Halls Estate Agents, Whitchurch

01948 804981

Next Steps?

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