1-bedroom flat · SY8 2BL
Let agreedListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish first floor one bedroom apartment in a modern block of just 9 properties in a popular residential area. Gas central heating and double glazing. Allocated parking. Viewing recommended. EPC C.
Council Tax Band A. Open plan Living Kitchen 5.57m (max) x 4.60m (max) - A light and airy space, there is a cupboard housing the Ideal gas central heating boiler.
The Kitchen area is appointed with a range of wall and base units with inset sink unit, integrated stainless steel electric oven with integrated gas hob and extractor hood over.
Space and plumbing for washing machine or for full height fridge freezer. Opening to the Sitting Room which has UPVC double doors to the rear with a juliet balcony.
Off the Sitting area is a further built in storage cupboard. Doors open to Bedroom 2.75m x 2.65m With UPVC double doors with juliet balcony to rear. Built in wardrobe.
Shower Room Appointed with a suite of corner shower cubicle with mains fed shower, wash basin and wc. Wall mounted cabinet and wood effect flooring.
Outside and Parking Underneath the block are secure post boxes for each apartment and a bin store area.
To the rear of the block is the allocated parking space for number 4 and there is also a dedicated visitors space.
Tenure & Service Charge The property owns a share of the Freehold and is part of Teme Court (ludlow) Management limited. The apartment is leasehold - 999 years from 1st April 2008.
Service Charge - An annual service charge is payable for the maintenance, lighting and cleaning of all communal areas and the buildings insurance. The current annual charge is £1155.
Restrictive Covenants We are currently waiting for details of any restrictive covenants within the lease.
Anti Money Laundering Checks AML checks will be undertaken for successful buyers and there is a fee of £15 plus vat per person payable (£18 including VAT) Mobile & Internet Coverage Please refer to Ofcom by using the following link;
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Teme Court, New Street, Ludlow, Shropshire
Explore nearby