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4 bedroom townhouse for sale
Castle Court, Castle Street, Shrewsbury
£269,000
Castle Court, Castle Street, Shrewsbury
£269,000
Price History
Initial price | £275,000 |
29/03/24 | £269,000 |
Price Change | -2.18% |
Description
A fantastic opportunity to purchase a town centre investment property currently generating a gross rental return of over 8.5% per annum through its HMO (House of Multiple Occupancy) setup, with the potential to convert it back into a residential townhouse. The property boasts 4 spacious bedrooms, a modern fitted kitchen and bathrooms, and is located in a quiet and attractive courtyard setting just off Castle Street in the heart of the town centre. The current rent is £1,960 per month, with the potential to increase it periodically. The total annual rent is £23,250, and a virtual tour is available upon request.