Detached house for sale in 21 Upper Church Street, Oswestry SY11

We are pleased to present a fantastic opportunity to purchase this unique property in Oswestry, Shropshire. Consisting of a well finished 4 bedroom 2 bathroom HMO and a beautifully converted 2 bedroom mezzanine barn, currently used as a successful holiday home. The barn has a remote check in system in place for hands-off business.

Refurbished in 2021, the property is well presented and demonstrates great attention to detail, showing signs of good maintenance and care throughout. There is parking for both parts of this property, as well as garden spaces for both.

The barn is kept busy with visitors all year round, with no shortfall in demand. Guests range from people visiting the prestigious Oswestry School for viewings and admissions week, contractors working at the Water Treatment Work or Chirk Power Station, guests visiting the Orthopaedic Hospital, students on month long placements at the Orthopaedic Hospital, and tourists wanting to visit the area.

Well positioned, just 5-minutes walk to the town centre of Oswestry, the property is surrounded by a vast array of shops, cafes, restaurants and leisure facilities. Oswestry is a large border market town and is a popular destination for tourists all year round. Part of Shropshire, renowned for its access to natural open spaces, yet just 5-minutes drive and you’re into Wales. Surrounded by stunning countryside walks and outdoor activities, Oswestry is the gateway to North Wales, further adding to it's appeal as a tourist destination. Tenants can benefit from easy access to work opportunities in Oswestry, as well as neighbouring areas such as Shrewsbury and further into areas in the West Midlands and Wales, with easy access to the A5, and 10 minutes by car to Gobowen Train Station.

Income;
HMO (pcm) - Room 1 - £515 / Room 2 - £470 / Room 3 - £470 / Room 4 - £380 /
Holiday Home (Average pcm) - £2,433

Total: £4,268 pcm / £51,216 pa

Expenditure;

Gas - £125 / Electric - £84 / Broadband - £23.99 / Water - £107 / Council Tax - £187 / TV License - £13.25 / HMO Cleaning - £50 / Holiday Home Laundry & Cleaning - £240 / Management - £177.16*
Total £1007.40 pcm / £12,088.80

*This figure is for the letting agent to continue managing the HMO, however as the sellers are very experienced with running the barn as sa (and have multiple other units), they are happy to offer a fully managed service for this at 20% +VAT of any revenue. Please contact us for the full sa management benefits on offer.