Spacious two-floor penthouse with riverside gardens — leasehold, ideal for downsizers.
Spacious two-floor penthouse with large open-plan living and dining room
Three bedrooms plus flexible fourth bedroom or study
Elevated riverside development with landscaped communal gardens
Residents’ parking and visitor spaces; on-site house manager
Leasehold with ~60 years left — may restrict mortgage lending
Service charge £2,064.60 pa; ground rent £110 pa
Electric storage heating; EPC Rating D — may need efficiency upgrades
Medium surrounding flood risk; buyer should verify insurance costs
Set on an elevated riverside development in Longden Coleham, this spacious two-floor penthouse offers low-maintenance retirement living with generous rooms and pleasant communal gardens. The large open-plan living/dining room and two-floor layout give a feeling of space and light, suitable for entertaining or relaxed daily life. Residents’ parking and visitor spaces are convenient for visitors and short trips into Shrewsbury town centre.
Important practical points are clear: the flat is leasehold with around 60 years remaining, which is likely to limit mortgage lending and will require a future lease extension to protect value. Annual service charges (£2,064.60) and a small ground rent (£110 pa) cover communal upkeep and on-site management; prospective buyers should budget for these ongoing costs.
The apartment is heated by electric storage heaters and uses mains electricity; there is no communal gas. Flood risk around the immediate property is medium for surrounding areas, though the listing states the property itself is not at risk — buyers should check current local flood maps and insurance costs. EPC rated D and constructed in the 1980s, the home is in sound condition but may benefit from modernisation to improve heating efficiency and market appeal.
This property suits over-45s seeking a secure, sociable retirement base or cash buyers and investors prepared for the lease-length issue. For those able to manage the lease extension process or purchase without mortgage dependency, the apartment offers rare two-floor penthouse space, riverside gardens and easy access to Shrewsbury amenities.
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