2-bedroom bungalow · SY8 3QQ
Sold STCListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** CASH BUYERS ONLY *** Enjoying an absolutely unspoilt elevated view with a prime location on the beautiful Clee Hill.
Wayside Bungalow is of non-standard construction and requires improvement throughout, or perhaps even a re-build (subject to the required planning consents).
Internally the accommodation currently consists of Entrance Porch, Open Plan Living Room and Kitchen, Storeroom, Workshop, Two Bedrooms and Bathroom.
Externally, the plot really does offer an amazing opportunity to landscape - a potential haven for the keen gardener and for those that want to enjoy nature.
With plenty of parking and Detached Garage. This truly could be the most amazing home and we highly recommend viewing to appreciate this stunning location.
*** NOTE: NO 5 CORNBROOK IS ALSO FOR SALE WHICH IS NEXT TO THIS PROPERTY - A FANTASTIC OPPORTUNITY TO ACQUIRE 2 NEIGHBOURING HOMES *** Energy Rating F Entrance Porch With a fantastic elevated outlook Living Room Laminate flooring.
Double doors opening to the front decking Kitchen Fitted with a matching range of wall and base units of cupboards and drawers. Ample work surfaces.
Integrated electric oven, hob and extractor hood. Part wall tiled. Sink and drainer.
Storeroom Workshop Bedroom One Bedroom Two Bathroom Fitted with a suite comprising panelled bath. Low flush WC.
Part wall tiled Outside Wayside Bungalow enjoys a particularly generous plot with the property sitting elevated to enjoy the absolutely incredible view.
Upon approach, the plot itself is fairly level with parking and a DETACHED SINGLE GARAGE. It naturally rises into the surrounding hillside with attractive rustic stone walls.
To the side a selection of vegetable beds can be found Agent's Note The seller informs us that planning permission had been granted in the past to knock down and rebuild, however, this has since expired Mobile & Broadband Please refer to Ofcom by using the following link; Restrictive Covenants None that the seller has made us aware of Note to Buyers AML checks will be undertaken for successful buyers and there is a fee of £18.00 including VAT per person payable.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About Cornbrook, Clee Hill, Ludlow, Shropshire
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