5 bedroom townhouse

Guide Price £395,000 * Plus 3% Buyers Premium plus VAT
For sale by unconditional online auction.


To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

FOR SALE BY ONLINE PUBLIC AUCTION - Severn Tudor House, 113 Frankwell, Shrewsbury, SY3 8JU.

EXCELLENT INVESTMENT OPPORTUNITY

Description

Town & Country Property Auctions are pleased to present this impressive Grade II listed period property in the heart of Shrewsbury. Severn Tudor House is a beautifully preserved character property dating back to the 1600s, offering a wealth of historic charm combined with significant investment potential. The property has been maintained well and is in a good state of decoration internally, but requiring some modest repairs and paint work to the external front aspect.

Prime location within walking distance of Shrewsbury town centre
Period features throughout with exposed beams and original character
Currently licensed for use as a 5-room HMO (C4) and also benefits from C1 use as a guesthouse
Proven income-generating asset:
o Up to 20% gross annual return (based on 2022/23 guesthouse performance)
o Estimated 9.6% gross yield as a fully-let 5 room HMO (based on local averages)
Private on-site garage and parking
Versatile potential: Continued use as guesthouse/HMO or conversion to a spacious family residence or conversion to 3 individual apartments (STP)
Superb 5 bedroom Property currently operated as Guest House
Could be used as a large family home
Located only two minutes from Shrewsbury Town Centre
Beautiful character property that dates back to the 1600s

Property Overview

Severn Tudor House has been successfully operated for over a decade as both a licensed HMO and guesthouse, offering strong and stable rental income. The current layout accommodates five individually styled bedroomsthree with private en-suites and two sharing a bathroom. Alternatively, the property could be reconfigured for exclusive residential use, either as a large family home or 3 separate apartments, subject to necessary planning approvals.

Accommodation Layout (HMO Format)

Ground Floor:
Communal Kitchen (3.60m x 2.98m) Contemporary design with beech worktops, built-in oven, hob, extractor fan, and laminated flooring
Communal Lounge (4.40m x 4.20m) Spacious and light-filled with oak ceiling beams and ample space for dining and relaxation
Bedroom 1 Platinum Suite" (4.70m x 4.80m) Generously sized room with en-suite shower room and WC

First Floor:
Bedroom 2 Biscotti Room" (3.95m x 2.55m) Window to side aspect
Bedroom 3 Gold Room" (5.83m x 4.36m) Expansive room with dressing area and front aspect window and ensuite shower room and WC.

Second Floor:
Bedroom 4 Silver Room" (3.98m x 3.57m) Spacious with side aspect window
Bedroom 5 Amethyst Suite" (5.84m x 4.28m) Large bedroom with front-facing window and private en-suite shower room
Bathroom with WC and pedestal sink for use by bedrooms 2 and 4

Exterior
Courtyard Terrace A welcoming entrance to this charming residence immediately outside the kitchen and entrance.
Parking Includes access to shared garage and private off-road parking

This property presents a rare opportunity to acquire a striking and versatile building in a highly desirable location. Whether you are an investor seeking high-yield rental returns or a buyer looking to convert this historic gem into a unique family home, Severn Tudor House offers endless potential.

Viewings by appointment only.
For full legal pack and auction registration, please visit Town & Country Property Auctions website.

Shrewsbury is the County Town of Shropshire and Sits in the loop of the River Severn, and is surrounded by glorious countryside on the Welsh Borders. Shrewsbury is a town full of history and character with over 600 listed buildings including a Castle and an Abbey.
It's the birthplace of Charles Darwin, and you can explore Shrewsbury's cobbled streets along the Darwin Shrewsbury Trail. There is an impressive range of high street shops and boutique stores at The Square, High Street, Castle Quarter and Pride Hill. The cobbled streets are packed with quirky places to eat, cool cafs and delis.

There are some first class schools and excellent Leisure facilities at the Sports Village.
Shrewsbury enjoys excellent travel links being just of the main A5 which connects with the M54 and M6 Motorways
Telford 19.2 miles/22 minutes Wolverhampton 36.5 miles/45 minutes Birmingham 51.5 miles/57 minutes Stafford 45.6 miles/1 hour Stoke 42.9 miles/1 hour

Tenure
Freehold

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.