For Sale

Abbey Foregate, Shrewsbury

  • Availability: For Sale
  • Bedrooms: 2
  • Bathrooms: 2
  • Reception Rooms: 2
£199,950 OIRO
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Property Features

  • Two Investment One Bedroom Apartments
  • One Ground Floor Apartment and One First And Second Floor Maisonette
  • Both Currently Let On AST
  • Gas Central Heating And Double Glazing
  • Attached Garage/Lock Up With Potential To Provide Further Accommodation
  • Minutes' Walk From Town Centre And Local Ammenities
  • Freehold
  • Gross Annual Income Of £13,800

Property Summary

An interesting, freehold investment property consisting of two apartments; a ground floor one bedroom apartment and a further, larger one bedroom, first and second floor maisonette. Both apartments are tenanted on Assured Shorthold Tenancy agreement (see agent note) The property also comes with an attached garage/lock-up.

Both properties have the benefit of gas fired central heating, UPVC double glazing throughout and are conveniently situated within walking distance of the town centre and local amenities.

Full Details

An interesting, freehold investment property consisting of two apartments; a ground floor one bedroom apartment and a further, larger one bedroom, first and second floor maisonette. Both apartments are tenanted on Assured Shorthold Tenancy agreement (see agent note) The property also comes with an attached garage/lock-up.

Both properties have the benefit of gas fired central heating, UPVC double glazing throughout and are conveniently situated within walking distance of the town centre and local amenities.


ACCOMMODATION COMPRISING: Panelled front door with original feature fan light above to:

GOOD SIZED COMMUNAL ENTRANCE HALL 11' 9" x 3' 6" (3.58m x 1.07m) With central light point, power point and door to:

GROUND FLOOR APARTMENT

SITTING ROOM 10' 8" x 10' 8" (3.25m x 3.25m) With ornamental recessed fireplace, double radiator, central light point, two wall light points, power points, TV aerial socket, cupboard enclosing electric metres, UPVC double glazed window to the front.

From sitting room archway through to:

KITCHEN 9' 11" x 10' 8" (3.02m x 3.25m) With range of Shaker style units comprising stainless steel single drainer sink unit set into marble effect laminate work surfaces extending to three wall sections with a range of cupboards under and tiled splash above, built-in stainless steel hob unit with stainless steel extractor hood above with electric oven below, space and plumbing set for washing machine, extensive range of eye level cupboards to one wall, wall mounted gas fired boiler supplying domestic hot water and central heating, recess suitable for upright fridge/freezer, ceramic tiled flooring, two spot light racks, ample power points, radiator, and UPVC double glazed sash style window to the rear.

From kitchen door to:

BEDROOM 12' 0" x 6' 8" (3.66m x 2.03m) With radiator, power and lighting points, UPVC double glazed window, and service door leading to small enclosed yard.

SHOWER ROOM Fitted with fully tiled shower cubicle with consortia sliding door, pedestal wash basin, low level flush wc, fully tiled to wash basin and shower area, central light point, wall mounted heated towel rail, extractor fan, and ceramic tiled flooring.

ADJOINING GARAGE/LOCK-UP With double wooden doors providing garaging and/or storage. The owners are presently using this themselves however this could be let to provide further income.




FIRST AND SECOND FLOOR MAISONETTE From communal entrance hall door leads to enclosed staircase leading to:

FIRST FLOOR LANDING 11' 0" x 5' 8" max (3.35m x 1.73m max) With UPVC double glazed window overlooking the rear, power point, feature arch display niche set to one side, radiator, staircase leading to second floor.

First floor landing gives access to:

SITTING ROOM 15' 0" x 10' 8" (4.57m x 3.25m) With feature ornamental fireplace and chimney breast, radiator, power and lighting points, two central spot lights, feature UPVC double glazed sash window to the front with further feature arched matching window along side.

From landing area, door to:

KITCHEN/BREAKFAST ROOM 10' 10" x 7' 5" (3.3m x 2.26m) Fitted with a range of units comprising solid granite worktop extending to two wall sections, stainless steel sink inset, four ring electric ceramic hob with stainless steel splash back and stainless steel extractor fan, stainless steel electric oven below, extensive range of base units incorporating drawer unit, tiled splashback to work surfaces, wall mounted gas fired boiler supplying domestic hot water and central heating, space set for washing machine, space for slim line upright fridge/freezer, radiator, power and lighting points, and sash UPVC double glazed window to rear.

From first floor landing, stairs lead to second floor landing with UPVC double glazed window to rear, central lighting point, access to eaves storage space. Second floor landing gives access to:

BEDROOM 12' 4" x 9' 4" (3.76m x 2.84m) With radiator, power and lighting points, access to roof space, large built-in double wardrobe with mirrored sliding doors, hanging rail and range of shelving, UPVC double glazed window to the side, and further large Velux double glazed window to the front.

From bedroom, double doors lead into:

EN-SUITE SHOWER ROOM With fully tiled shower cubicle with glazed pivot door, pedestal wash hand basin with mirror and glass shelf along side, low level flush wc, tiled effect laminate flooring, fully tiled to shower area, half tiled to remaining walls, central light point, and wall mounted chrome heated towel rail.

AGENTS NOTE The ground floor apartment is let on a 6 month Assured Shorthold Tenancy agreement from 17th December 2021 (now a rolling contract) at £500PCM to include water and council tax. The first and second floor maisonette is let on a 6 month Assured Shorthold Tenancy Agreement, from 19th August 2022 at £650PCM. To include water and council tax.

Tenants pay a service charge to the landlord to cover electric and gas usage.

The apartments have the potential to provide a gross income of approximately £13,800/annum.

The garage could easily be let separately to provide additional income.

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