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St Marys Hall, Shrewsbury

West Midlands

£700,000
Listed on 10/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This notable property showcases a wealth of character and is strategically positioned in the vibrant heart of Shrewsbury Town Centre. Previously utilized as office space and a dance school, the building offers significant potential for adaptive reuse. With planning permission secured for conversion into three contemporary three-bedroom townhouses, this structure spans approximately 4,941 sq ft (459 sq m) and includes additional features such as a basement, garage, and dedicated parking spaces. The development opportunity is ideal for investors or owner-occupiers seeking to capitalize on the growing demand for residential accommodations in this historic market town. Its location not only benefits from strong local amenities but also from excellent transport links and ongoing regional development initiatives aimed at enhancing Shrewsbury's commercial landscape. A visit to the property will reveal its full potential.

Investment Analysis

(SY1 area)
Area Average
£265/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (SY1)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +1.8%
5 year growth: +20.6%
Investment Disclaimer: Analysis based on SY1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

St Marys Hall, Shrewsbury
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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