Summary - 3, HIGH STREET SY1 1SP
4 bed 4 bath Not Specified
**Standout Features:**
- Recently renovated four-bedroom HMO on upper floors
- Ground-floor retail unit leased to established shoe retailer, Coastguard Road Limited (Moshulu)
- Total current passing rent of £45,000 per annum
- High yield potential of 7.5%
- Prime town center location with excellent foot traffic
- Modern interior with high-end appliances and spacious living areas
**Potential Concerns:**
- Property has listed status, potentially limiting renovation or extension options
- Crime levels in the local area noted as high
Nestled in the bustling heart of Shrewsbury on High Street, this recently renovated, three-storey property presents an exceptional investment opportunity. The ground floor features a prominent retail unit currently let to Coastguard Road Limited (Moshulu), ensuring continuous income from a recognized brand. The elegant upper floors house a modern, furnished four-bedroom House of Multiple Occupancy (HMO), with all rooms currently tenanted under Assured Short Assured Tenancies, adding to the property's immediate cash flow potential.
This Grade II listed building maintains its historic charm while offering contemporary living spaces, complete with an open-plan kitchen and dining area that boasts high-end integrations. The location is advantageous, positioned near public transport and local amenities, catering well to both families and potential tenants. While the property has undergone extensive renovations, its listed status may pose challenges for future alterations or expansions. However, with average-sized rooms filled with natural light and a comprehensive rental yield of 7.5%, this property is great for investors eager to capitalize on Shrewsbury's growing market. Don't miss out on this unique chance to secure a well-rounded investment in a prime location.
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