3-bedroom house · SY8 3BZ
Listing removedListed 337 days
Opportunity summary
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About
The Development This wonderful and imaginative Class Q conversion project by renowned developers Cathedral Homes, has been thoughtfully designed and is beautifully presented, ideal for today’s modern living.
The properties which have accommodation over two floors benefit from modern fixtures and fittings including zoned underfloor heating to the ground floor, air source heat pumps, chrome electric fittings, stylish kitchens, modern bathrooms and en suites.
Approached by a very impressive central atrium, there is a choice of four different layouts which will appeal to a wide audience and include spacious open plan kitchen/dining/living rooms which will be fantastic areas for entertaining; studies and snugs would make great home offices or hobby rooms - some of the barns have a ground floor bedroom with en suite which would act as a superb guest suite.
Barn 3 is a generous two story property offering spacious accommodation throughout.
On the ground floor there is a double aspect open plan kitchen/dining/sitting room, separate utility room and cloakroom. In addition there is also a ground floor bedroom with en suite.
On the first floor there are two good sized bedrooms both of which boast their own en suite. General Services: Air source heating, mains water and electric, private water treatment.
Warranty: ICW - 10 years Fixtures and Fittings: Only those items known as fixtures and fittings will be included in the sale.
Certain items may be available by separate negotiation Wayleaves and easements: The property will be sold subject to and with the benefit of all wayleaves, easements and rights of way, whether mentioned in these particulars or not.
Mobile and Broadband checker: Information can be found here Agents note: There will be a management charge per dwelling to contribute to the communal areas, please consult with your solicitor for verification.
Please note that the main image is a CGI Location The pretty hamlet of Greete is surrounded by some of the most stunning English countryside so there are several fabulous walks on the doorstep.
The historic towns of Ludlow and Tenbury Wells are nearby and within these characterful town centres there are an abundance of excellent independent shops and cafes as well as supermarkets.
Ludlow itself is renowned for its great food and drink with several excellent restaurants and pubs, every year the town plays host to a plethora of music and food festivals, normally held in and around the grounds of the breath-taking Ludlow Castle There are several well-regarded schools in the area, including the independent Moor Park School and Lucton School.
Ludlow train station is on the main Manchester to Cardiff line and offers good connecting links north to Shrewsbury and Crewe and south to Hereford, for frequent air travellers Birmingham International is accessible.
Distances • Ludlow 5 miles • Leominster 12 miles • Hereford 25 miles • Worcester 25 miles • Shrewsbury 34 miles Nearby Stations • Ludlow • Leominster Nearby Schools • Ludlow Primary • Moor Park School • Lucton School • Hereford Cathedral School IMPORTANT NOTICE Strutt & Parker gives notice that: 1.
These particulars do not constitute an offer or contract or part thereof. 2.
All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact.
All measurements and specifications are approximate, are not necessarily to scale and may be subject to change.
Any prospective purchaser must satisfy themselves of the correctness of the information within the particulars by inspection or otherwise. 3.
Some images may be Computer Generated Images, are indicative only and may differ from the final build product. 4. Images may be of the show home rather than the individual unit. 5.
Lifestyle images are indicative only. 6.
Strutt & Parker does not have any authority to give any representations or warranties whatsoever in relation to this property (including but not limited to planning/building regulations), nor can it enter into any contract on behalf of the vendor.
7. Strutt & Parker does not accept responsibility for any expenses incurred by prospective purchasers in inspecting properties which have been sold, let or withdrawn. 8.
We are able to refer you to SPF Private Clients Limited (“SPF”) for mortgage broking services, and to Alexander James Interiors (“AJI”), an interior design service.
Should you decide to use the services of SPF, we will receive a referral fee from them of 25% of the aggregate of the fee paid to them by you for the arrangement of a mortgage and any fee received by them from the product provider.
Should you decide to use the services of AJI, we will receive a referral fee of 10% of the net income received by AJI for the services they provide to you. 9.
If there is anything of particular importance to you, please contact this office and Strutt & Parker will try to have the information checked for you.
Strutt & Parker is a trading style of BNP Paribas Real Estate Advisory & Property Management UK Limited, a private limited company registered in England & Wales with company number 04176965 whose registered office is at 5 Aldermanbury Square, London EC2V 7BP.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Barn 3 Greete, Ludlow, Shropshire
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