Summary - Flat 2, The Coach House, Princess Street SY1 1LW
7 bed 6 bath Not Specified
**Standout Features:**
- **Mixed-Use Investment:** Ground floor retail unit, five-bedroom HMO, and two-bedroom apartment.
- **Strong Rental Income:** Current income of £84,940 per year, increasing to £86,940 in August 2025.
- **Recent Renovation:** Comprehensive refurbishment in 2022, featuring well-finished living spaces.
- **Prime Location:** Situated in Shrewsbury’s bustling town center, surrounded by shops, cafes, and restaurants.
- **Historical Charm:** Grade 2 and 2* listed property with a striking Georgian facade.
**Potential Downsides:**
- **Difficult Renovation Potential:** Limited ability to extend or further develop due to listed status.
- **High Local Crime Rates:** Could impact personal security and property appeal.
This exceptional mixed-use investment opportunity on Princess Street, Shrewsbury, combines historical architecture with modern functionality. The freehold property features a fully leased ground floor retail unit, currently occupied by a thriving local café, alongside a five-bedroom House of Multiple Occupancy (HMO) with en suite facilities, and a sought-after two-bedroom apartment. Newly renovated in 2022, the upper residential units boast quality finishes and consistent rental demand, with a gross yield starting at 7.7%, rising to 7.9% by August 2025. While the vibrant location offers fantastic amenities and pedestrian traffic crucial for retail success, the property’s listed status may limit future renovation options — a consideration for potential buyers. This versatile investment is ideally suited for investors seeking reliable rental income in a cosmopolitan community teeming with potential. Don't miss out on this unique opportunity!
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