4-bedroom house · SY8 1NU
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located moments from Ludlow's historic town square, 103 Old Street is a versatile Grade II listed townhouse blending 19th-century elegance with modern luxury.
Boasting four bedrooms and a self-contained cottage, it offers a rare lifestyle opportunity with significant off-road parking.
Stepping through the charming entrance porch, you are greeted by a welcoming hallway where parquet flooring and traditional wall panelling hint at the home's rich heritage.
The heart of the property is a light-filled, dual-aspect open-plan lounge and dining area, featuring an attractive fireplace with a wooden surround and direct street access.
This expansive space is perfectly suited for both formal entertaining and relaxed family life, seamlessly blending historic architectural charm with a bright, airy contemporary feel.
To the rear, the hand-crafted kitchen impresses with bespoke cabinetry, solid wood block worktops, and a grand granite-topped central island with a breakfast bar.
Equipped with a range cooker and integrated appliances, it serves as a functional yet social hub.
The ground floor further benefits from a practical utility room with quarry tiling, a large dry cellar ideal for wine storage, and a versatile reception room, which could also function as a fifth bedroom.
This room features its own en-suite wet room and spot lighting, making it ideal for guests or those seeking single-level living options within the main house.
The first floor hosts a comfortable en-suite double bedroom and a single, currently utilised as a home office. There is a useful, additional dedicated WC.
A standout feature is the private roof terrace, accessed via the landing, providing a tranquil, south-easterly sun trap for alfresco dining.
On the second floor, two additional spacious double bedrooms both enjoy private en-suite facilities, perfect for family privacy.
Self-Contained Cottage: The one-bedroom annexe offers a proven income stream or independent living, featuring its own kitchen, living area, downstairs shower room, upstairs bedroom and attendant en suite.
Outside: double gates open to a private gravelled courtyard providing secure parking for 6-7 vehicles-a rare luxury in central Ludlow.
The grounds are beautifully framed by mature climbing plants and pleached trees, ensuring a secluded town-centre oasis.
Area: Ludlow is the "Jewel of the Marches," where 900 years of history meet a world-class food scene.
Home to a magnificent Norman castle and over 500 listed buildings, this beautiful town often features in "Best Places To Live" lists and offers independent shopping, cafés, and restaurants.
With its famous local markets, top-tier schools, and the rolling Clee Hills on your doorstep, Ludlow provides an unrivalled quality of country living.
------------------------------------------------- At a Glance: Bedrooms: 4 Tenure: Freehold Council Tax Band*: Currently commercial business rates; change to residential underway Heating: Central heating; Gas Services: Mains water, gas, electricity and drainage.
Service charges: Nil Flood Risk: Very low/ Low risk*** Covenants: Grade II Listed; 97 Old Street has vehicular and pedestrian rights of way; 105 Old Street has a pedestrian service access Broadband: Yes (Ultrafast available)** Mobile: Yes, coverage available** * Correct as of instruction ** Source: Ofcom *** Gov.uk flood risk checker
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 103, Old Street, Ludlow, Shropshire
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