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See how verdicts work4-bedroom terraced house · SY8 1BB
For saleReduced £25k (−4.2%) on 8 SepListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A handsome Grade-ii listed commercial townhouse offering a blank canvas with character and charm in a sought-after town centre location.
55 Mill Street is a handsome Georgian townhouse occupying a superb spot on one of Ludlow’s sought after streets.
The property offers a blank canvas for someone to either convert to residential (subject to the necessary consents, planning has been granted) and create a wonderful home or continue its commercial use as offices.
Ground Floor Reception hall with beautiful wooden staircase and flooring with archway leading to terrace. Dining room with original wooden flooring and shutters.
Potential kitchen with exposed brick fireplace and stove. Utility with units and wash basin. There is ample cellarage providing storage.
First Floor Wonderful drawing room with beautiful open fireplace. Spacious double bedroom. Family bathroom. Second Floor Three further double bedrooms.
Outside The property benefits from a spacious paved courtyard garden, ideal for seasonal al-fresco dining and entertaining.
Situation A wonderful position on the sought-after street Mill Street within the heart of Ludlow’s historic and vibrant town centre.
The market square is within a stones throw and all of the day-to-day amenities the town has to offer including shops, cafes, restaurants and much more.
There is a train station within walking distance on the Manchester to Cardiff line. Further afield Shrewsbury and Hereford offer a further range of leisure and shopping facilities.
What3words: ///staging.hacksaw.wades Local Authority: Shropshire Council. Services: Mains water, electricity, gas and drainage.
Council Tax: Business Rates - Current rateable value £16,000 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.
Viewings: Strictly by appointment via Mark Wiggin Estate Agents.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 55, Mill Street, Shropshire
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