According to the public record, 2 Twin Cottages, Shrewsbury is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Loppington, Shrewsbury, SY4.
Loppington, Shrewsbury, SY4 is located within the SY4 postal district.
2 Twin Cottages, Shrewsbury has 4 entries in the Land Registry database, most recently in September 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Twin Cottages Shrewsbury as £150,127 and the rental value as £533 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Twin Cottages Shrewsbury has increased by £5,320 (3.5%) and its rental value has increased by £19 per month (3.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Twin Cottages, Shrewsbury is in very good condition we estimate a sale value of £157,633 and rental value of £559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,618 and a rental value of £495 per month.
If you were able to purchase this property for the estimated value of £150,127, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £738 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 2 Twin Cottages, Shrewsbury was last sold on 09 Sep 2021 for £390,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Twin Cottages, Shrewsbury within a radius of 4.0km over the last 2 years.
The most recent example is 15 Wem Mill, Mill Street, Shrewsbury, SY4 5GB, a Leasehold flat which sold for £90,000 in Feb 2019.
Read more about house prices in SY4.
Loppington, Shrewsbury, SY4 has a total of 68 addresses. According to our analysis of all the public data, 2 Twin Cottages, Shrewsbury is the 67th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in SY4.
The closest station to 2 Twin Cottages, Shrewsbury is Wem station which is 4.4 km away.