1-bedroom house · SY8 1QW
For saleListed 185 days
Opportunity summary
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About
An excellent opportunity to acquire this well-presented one-bedroom ground floor retirement apartment, ideally situated within the popular Burgess Court development, just a short distance from the charming centre of Ludlow.
Renowned for its rich history and timeless appeal, Ludlow is one of Shropshire’s most desirable market towns, celebrated for its striking medieval architecture, vibrant markets, and exceptional food culture.
With a welcoming community atmosphere, an array of independent shops, cafés, and restaurants, as well as beautiful surrounding countryside, it offers an enviable lifestyle for those seeking both relaxation and convenience.
The flat enjoys a particularly appealing position on the ground floor, benefitting from direct access to the well-maintained communal gardens perfect for enjoying outdoor space with ease.
The accommodation is thoughtfully arranged and comprises a welcoming reception hall with a generous walk-in storage cupboard, providing excellent practical space.
The kitchen is well-appointed with a range of integrated appliances, while the living room offers a pleasant setting for both relaxation and entertaining.
The property further benefits from a modern shower room, featuring an upgraded large shower tray for enhanced accessibility, and a well-proportioned double bedroom complete with fitted wardrobe storage.
Residents of Burgess Court also enjoy access to a communal lounge, ideal for socialising, along with a car park available on a first come, first served basis.
This delightful apartment presents an ideal opportunity for those seeking low-maintenance, secure living within easy reach of Ludlow’s many amenities and attractions. Agents Notes: 1).
The property has a 125 year lease and commenced in September 2006 2).The service charge is £3060.38 per annum with a ground rent of £395 per annum Services: We understand that the property has electric heating, mains electric, mains water and mains drainage.
Broadband Speed: 17 - 80 Mbps Flood Risk: Very low Local Authority: Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND.
Tel Council Tax Band: A Should a sale be agreed, please note that under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 we are required to complete Anti-Money Laundering (AML) checks for all purchasers.
We use Movebutler, a secure HMRC-approved platform by Credas, to collect purchasers’ proof of identity.
A charge of £25 per person will be collected by Movebutler, a link will be sent to you to carry out these proof of identity checks.
Mortgage Services: We offer a no obligation mortgage service through Hilltop Mortgage Solutions. Please ask a member of our team for further details.
Referral Services: Samuel Wood routinely refers vendors and purchasers to providers of conveyancing and financial services.
We may receive fees from them as declared in our Referral Fees Disclosure Form. Viewings: Strictly by appointment only, please contact the office on or email .
For out of hours enquiries please contact Andrew Cadwallader
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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