4-bedroom house · SY8 1BB
For saleListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grade II Listed, the house dates back to 1713; a handsome townhouse, retaining many original character features with exposed beams, fireplaces and wooden floors.
From the upper floors are wonderful views towards Ludlow Castle and to countryside beyond.
Thoughtfully improved by the current owners and exquisitely presented, it has been run for many years as a successful holiday let.
Equally, 51 Mill Street would make a fabulous permanent home with its southwest facing courtyard garden.
Introduction 51 Mill Street is situated in the heart of historic Ludlow, just off Castle Square.
Ludlow, one of England’s most sought-after Market Towns, is renowned for its range of independent shops, cafes, and variety of pubs and restaurants.
The nearby Assembly Rooms is a wonderful entertainment venue with live theatre, a cinema and many events throughout the year.
Grade II Listed, the house dates back to 1713; it is a handsome townhouse, retaining many original character features with exposed beams, fireplaces and wooden floors.
From the upper floors are wonderful views towards Ludlow Castle and to countryside beyond.
Thoughtfully improved by the current owners and exquisitely presented, it has been run for many years as a successful holiday let.
Equally, 51 Mill Street would make a fabulous permanent home with its southwest facing courtyard garden. Ground Floor The main entrance door opens into the light and airy Dining Kitchen.
The Kitchen is appointed with a range of solid wooden units and granite work surfaces - with generous space for appliances and a gas-fired Aga.
It boasts a solid oak floor and windows to the front and rear. With ample space for table and chairs it provides a wonderful space for entertaining.
The Dining area has part panelled walls and a feature fireplace. A door and steps lead down to the useful dry Cellar, ideal as workshop and providing additional storage space.
From the Dining Kitchen a door opens to the courtyard Gardens where there is a refurbished Utility Room with further space for appliances and ample storage space.
First Floor On the first floor is the spacious Lounge, with wooden floor, feature fireplace and sash windows overlooking Mill Street.
Off here is a cosy Snug with sash window to the front and a feature fireplace. This opens to a small Study area with window to the rear.
Also on the first floor is a Shower Room with a good-sized walk-in shower.
Second Floor & Third Floor Second Floor & Third Floor - On the second floor is the stunning Master Bedroom with sash windows to the front and a Bathroom.
A second staircase rises to another good-sized Double Bedroom. On the third floor is a lovely room with Bedroom and Sitting Area and a Dressing Room off occasional Bedroom.
From the upper floors you enjoy stunning views over the roof tops towards Ludlow Castle and countryside beyond. Outside The pretty walled Courtyard Garden enjoys a sunny aspect.
Thoughtfully landscaped, it has space for outside table and chairs. The rooms above the archway are NOT part of a flying freehold since the land beneath the arch belongs to the property.
Restrictive Covenants None that we are aware of.
Mobile & Internet Coverage Please refer to Ofcom by using the following link; Fixtures and Fittings The property could be offered as a turn key opportunity if required so all furniture, fixtures, fittings and appliances could be available by separate negotiation.
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
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 Mill Street, Ludlow, Shropshire
Explore nearby