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4 bedroom town house for sale
Castle Court, Castle Street, Shrewsbury
£269,000
Castle Court, Castle Street, Shrewsbury
£269,000
Price History
Initial price | £275,000 |
28/03/24 | £269,000 |
Price Change | -2.18% |
Description
This property is an investment opportunity in a town center HMO, currently generating a gross rental return of over 8.5% per annum with a current gross income of £23,520 per annum. The property has the potential to be converted back into a residential townhouse, and features 4 bedrooms, a modern fitted kitchen, and 2 bathrooms. The rental income is currently £1,960 per month, with the potential to increase it periodically. The property is located in a quiet and attractive courtyard setting, just 3 minutes walk from the railway station, making it an attractive location for young professional renters. The virtual tour is available for viewing.