3-bedroom semi-detached house · SY9 5PE
Sold STCListed 262 days
Opportunity summary
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About
Located on a modern development is this delightful semi detached house which offers energy efficient, spacious and well planned accommodation of 3 bedrooms, kitchen, living room, family bathroom and separate wc.
Outside is ample parking and enclosed rear garden. It offers an excellent location on the edge of this historic town within walking distance of amenities. LOCAL CONNECTION TO BISHOPS CASTLE REQUIRED.
Directions - At the bottom of Church Street turn right onto Kerry Lane and proceed up the hill taking the last turn on the right onto Coricks Rise and Oak Meadow.
Continue past the primary school to the bottom and proceed straight ahead. Before you reach the dead end, turn left and the property will be found on the left hand side towards the top of the bank.
Situation - The property is located on the western fringe of this historic market town.
It is within walking distance of its many amenities and services, which include the primary and secondary school, an excellent range of shops, cafes, doctors and dental surgery's, pubs and church.
The surrounding area is made up of beautiful countryside for which this part of South Shropshire is well known. The county town of Shrewsbury is 25 miles north and Ludlow is 20 miles south east.
Description - Built to exacting standards, the house is marketed towards people with a housing need and a local connection to Bishops Castle.
The house has been well cared for by the current owners and offers well planned accommodation of a kitchen, living room/diner, hallway, separate WC, 3 bedrooms and a family bathroom.
Outside are open gardens to the front and a good sized, enclosed rear garden and patio with ample off road parking at the side.
The accommodation is more particularly described as follows: Hallway - With laminate wood effect flooring and door to:- Kitchen - Well fitted with a range of white base and wall cupboards, worktop inset with electric hob, oven and extractor, modern sink unit and space for appliances.
Guest Wc - Low flush unit and wash basin. Living Room/Diner - A lovely light room with a laminate wood effect floor, windows to side and french doors to the gardens and patio.
A fitted wall unit with flame effect fine, shelving and TV space. Bedroom One - Bedroom Two - Bedroom Three - Bathroom - With a white suite of bath with shower over, wash basin and WC.
Outside - To the front is an open lawned area, with a tarmac parking drive to the side, suitable for at least 3 vehicles.
To the rear is an enclosed lawn and patio with views over open fields and storage to one side.
General Remarks - Agents Note - The property is leasehold and is marketed towards people with a housing need and a local connection to Bishops Castle.
It is subject to the following charges: Rent - £284.48 pcm Building insurance - £19.30 pcm Sinking fund - £6.10 pcm Service charge - £0.52 pcm A total payment of £310,40 to Connexus Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Fixtures And Fittings - Only those items described in these particulars are included in the sale. Terms Of Lease - 99 years from and including 29 January 2021.
Services - Mains water, electricity and drainage are understood to be connected. None of these services have been tested.
Council Tax - The property is in Council Tax band 'C' on the Shropshire Council Register. Viewings - By appointment through Halls, 2 Barker Street, Shrewsbury, SY1 1QJ.
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.
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About 105 Oak Meadow, Bishops Castle, SY9 5PE
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