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£875,000

26, Mardol, Shrewsbury

  • 8 beds
Flat

£875,000

  • 8 beds
Flat
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Estimate monthly mortgage payment:

£3,995 per month

Minimum deposit amount:

£43,750
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Full Description

Presenting an extraordinary investment opportunity in the heart of the town, we proudly offer a prime mixed-use property that has been meticulously improved and modernized to provide exceptional accommodation across multiple levels. This property stands out not only as a solid investment but as a unique opportunity for those looking to capitalize on the lucrative Airbnb market.
The versatility and investment potential of this property are further underscored by strong tourist and visitor demand, the ability to offer multiple units for short-term rentals ensures a constant stream of bookings and impressive financial returns.

At the ground floor, a tenanted shop unit is occupied by a professional business, ensuring a steady and dependable rental income. In addition, there are two fully furnished, well-appointed ground floor apartments, catering to the demands of short-term rentals (1 x two bedroom and 1 studio apartment).
Ascending to the first floor, you will discover an outstanding two-bedroom refurbished apartment. This thoughtfully updated unit exudes modern comforts, making it the perfect space for Airbnb guests seeking a stylish and comfortable stay in the heart of the town centre.
As we journey to the upper levels of the building, we encounter a spacious three-bedroom main residence. With its ample space and flexible layout, this unit has the capacity to accommodate larger groups or families, alternatively this three bedroom accommodation could provide excellent owner occupancy for entrepreneurs who would like to live in the town and close to their financial investment.
Seize this remarkable investment opportunity that combines a tenanted shop, multiple ground floor apartments, a refurbished first-floor apartment, and the potential for substantial Airbnb revenue. Don't miss out on the chance to benefit from this opportunity to secure impressive returns on your investment, please ask Samuel Wood for further details and to arrange a viewing to explore the full potential of this exceptional opportunity.

Services: We understand that the property has mains gas, mains electricity, mains water and mains drainage.
Broadband Speed: Basic 16 Mbps, Superfast 80 Mbps & Ultrafast 330 Mpbs
Flood Risk: Medium.
Tenure: We understand the tenure is Freehold
Local Authority: Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND.
Council Tax Band: tbc
Mortgage Services: We offer a no obligation mortgage service through Hilltop Mortgage Solutions. Please ask a member of our team for further details.
Referral Services: Samuel Wood routinely refers vendors and purchasers to providers of conveyancing and financial services. We may receive fees from them as declared in our Referral Fees Disclosure Form.

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£3,995 per month
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Stamp Duty tax
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£31,250
Mortgage and legal costs:
£999
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