1-bedroom house · SY8 1QW
For saleListed 54 days
Opportunity summary
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About
Flat 7, Burgess Court is a fantastic, refurbished, lower ground floor apartment located in a popular, purpose built retirement development located an approximate 450 yard level walk from Ludlow's historic town centre.
Arguably one of the best positioned apartments within the development, Flat 7, benefits a small, secluded, south-facing courtyard garden which leads into the beautiful communal gardens.
In addition, steps from the garden rise to a secure gate opening straight into the communal car park, where parking is available for residents on a first come, first serve basis.
Upgraded and lovingly maintained by the current owner who has replaced the original kitchen, updated the shower room, removed the storage heaters and installed electric panel heaters and has also had vertical blinds fitted to all the windows.
The apartment itself is approached through the buildings main entrance door and along the communal hallway.
A lift or steps lead you down to the lower ground floor and to a secluded section of the complex where the front door is found.
Inside, an L-shaped hallway has separate doors off opening to 2 useful storage cupboards, the luxurious shower room, the double bedroom and the living room.
The bedroom has a fitted wardrobe, while the living room has a feature electric fireplace, space for a seating suite and dining table and chairs and a door which opens straight out to the garden.
The recently re-furbished kitchen is accessed off the living room and features integrated appliances including a dish washer, fridge, ceramic hob and an oven. There is also space for a freezer.
Burgess Court is a development of luxury retirement apartments built by McCarthy & Stone in 2006 for occupants of 60 years of age and above, which provides independent living with support if required with an emergency pull cord and a 24 careline, a modern intercom system for visitors and wonderful communal facilities including parking, delightful gardens, a residents lounge, laundry room, guest room and a resident house manager.
Burgess Court offers a friendly residential community, which also presents both peace for residents who want their privacy as well as plenty of welcoming activities throughout the year for those wishing to be involved including tea and coffee mornings, daytrips, organised parties and social events.
EPC Rating: C Services We are informed the property is connected to all mains services. Heating Electric heating.
Tenure We are informed the property is of leasehold tenure with a remaining lease of 107 years from 2024. An annual ground rent of £395.00 is payable per annum.
Council Tax Shropshire Council - Band A. Charge for 2024/25 is £1,489.07 Service Charge The service charges for 2024/25 is £3060.38.
Agents Note It is of our understanding that new residents can bring existing pets. Thereafter, pets are considered by prior written consent from the freeholder.
Nearest Towns/Cities Leominster - 12 miles Tenbury Wells - 10.5 miles Church Stretton - 16.5 miles Hereford - 24 miles Kidderminster - 23 miles Shrewsbury - 28 miles Telford - 29 miles Broadband Enquiries via British Telecom indicates the property has an estimated fibre broadband speed of up to 50MB.
Interested parties are advised to make their own enquiries via BT or their own broadband provider.
What3Words fermented.exporters.daytime Disclaimer Referral Fees: Holters routinely refers vendors and purchasers to providers of conveyancing and financial services.
See our website for more information.
Money Laundering Regulations: In order to comply with current legislation, we are required to carry out Anti-Money Laundering (AML) checks on all prospective purchasers verifying the customer’s identity using biometric identification checks, which includes facial recognition.
A company called Creditsafe Business Solutions Ltd provide Anti Money Laundering compliance reports for us, the cost of which is to be covered by prospective purchasers.
At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £35 + VAT (£42 inc. VAT) per purchaser in order for us to carry out our due diligence.
Wayleaves, Easements and Rights of Way: The property will be sold subject to and with the benefits of all wayleaves, easements and rights of way, whether mentioned in these sales particulars or not.
Consumer Pr...
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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