4 Bed Flat, Single Let, Shrewsbury, SY1 1SX £215,000

• FOR SALE BY ONLINE PUBLIC AUCTION +
• EXCELLENT INVESTMENT OPPORTUNITY +
• THREE LEASEHOLD APARTMENTS WITH FREEHOLD TITLE INCLUDED +
• THREE LEASEHOLD APARTMENTS WITH FREEHOLD TITLE INCLUDED +
• STRONG RENTAL YIELD POTENTIAL c12% +
• TENANTS IN SITU. +

For sale by Online Auction - 28th of January 2026.

FOR SALE BY ONLINE PUBLIC AUCTION

EXCELLENT OPPORTUNITY TO ACQUIRE THE FREEHOLD AND THREE LEASEHOLD APARTMENTS OR FOR A BUYER TO CONVERT BACK INTO ONE TOWNHOUSE FAMILY HOME (SUBJECT TO PLANNING)

PRIME LOCATION

EXCELLENT RENTAL YIELD c12%

TENANTS IN SITU.

PRICED BMV FOR SWIFT SALE

VIEWINGS AVAILABLE TO SERIOUS PROSPECTIVE PURCHASERS WHO CAN DEMONSTRATE THAT THEY ARE PROCEEDABLE ON AUCTION TERMS

Description
A rare investment opportunity to purchase 3 apartments within a Grade II listed building, situated in the heart of Shrewsbury centre. Apartment 3 provides 2 bedrooms, Living Room/Kitchen and Bathroom arranged over 2 levels. Apartment 2a is on the first floor and provides: Hall, Kitchen/Living Room, Bedroom, Shower Room. Apartment 2B is on the second floor and comprises: Large Living Room/Kitchen, Spacious Bedroom, Bathroom. All three apartments are tenanted. Yield of c12% on Guide Price.

Accommodation comprises:

Apartment 3 - Ground Floor
Personal entrance door leads to

Open Plan Living Room/Kitchen 22' 4'' x 15' 4'' (6.80m x 4.67m)
Living Area has wooden floor, wall and ceiling lights, large built in shelved cupboard, large window to the front, panel heater, 2 staircases providing individual access to each Bedroom. The Kitchen Area is fitted with range of units, work tops with inset sink unit, integrated electric oven, 4 ring electric hob with splash back and filter hood, large window to the front.

Bathroom 8' 4'' x 6' 3'' (2.54m x 1.90m)
Fitted with white 3 piece suite including bath with tiled walls around, wall mounted electric shower unit, wash basin with tiled splash, WC, storage heater, built in airing cupboard and storage cupboard.

Bedroom 1 - Basement 13' 0'' x 10' 2'' (3.96m x 3.10m)
Range of built in storage cupboard with shelves, dressing table and display niches, electric panel heater, exposed ceiling timber.

Bedroom 2 - Basement 12' 7'' x 8' 0'' (3.83m x 2.44m)
Open wardrobe recess and shelving, wall mounted electric panel heater.

3 Peacock Passage has its own separate entrance. To the side of No 3 is a blue wooden entrance door provides access to communal staircase which accesses both Apartments 2a and 2b. From Communal First Floor Landing access to Apartments 2a and 2b.

Apartment 2a - First Floor
Entrance door leads to

'L' Shaped Entrance Hall
Large built in storage cupboard.

Living Room/Kitchen 17' 0'' x 10' 10'' (5.18m x 3.30m)
Living Area is carpeted. Exposed wall timber, wall mounted electric heater, window to the front. Kitchen Area has vinyl flooring, fitted with white painted base and eye level units, laminated work tops, inset sink unit, space for appliances.

Bedroom 9' 5'' x 8' 1'' min (2.87m x 2.46m)
Window to the front, wall mounted electric heater, recess ideal for wardrobe.

Shower Room
Fitted with 3 piece suite including corner tiled shower cubicle with electric shower, wash basin with tiled splash, WC, extractor fan.

Apartment 2b - Second Floor
From First Floor Communal Landing door to staircase with exposed timber frame and 2 windows.

Living Room/Kitchen 18' 2'' x 17' 3'' (5.53m x 5.25m) max
Wealth of exposed timbers. Kitchen Area is fitted with cream fronted units, work tops, inset sink unit, built in airing cupboard, storage heater, window to the front.

Bedroom 17' 3'' x 10' 0'' min (5.25m x 3.05m)
Good sized double room with storage heater, front and rear windows, open wardrobe with hanging and shelving.

Bathroom
Fitted with 3 piece suite including bath with 3/4 tiled wall around and electric shower unit over, wash basin with tiled splash, WC, extractor fan.

Agents' Note
The 3 apartments are being sold collectively, however, please be aware for mortgage purposes that each apartment has its own title deeds.

Tenure
Freehold and Leasehold Titles

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.