2-bedroom house · SY8 1BZ
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This most attractive 2 bedroom ground floor retirement apartment sits right in the heart of Ludlow’s town centre.
Much improved accommodation benefits from upgraded electric heating, double glazing and modern kitchen and shower room whilst there are communal gardens and a part time house manager along with a 24 hour careline facility.
Accommodation briefly includes: Entrance Porch, Living Room, modernised Kitchen, Inner Hallway with storage, 2 good sized Bedrooms and upgraded Shower Room.
Front door opens into Entrance Porch - with door into Lounge / Dining Room - with window to frontage, wall mounted electric heater and the 24 hour Careline controls are also housed here.
Double doors into Modern Kitchen - with window to rear overlooking the garden.
Nicely fitted with a modern range of matching units, heat resistant work surfaces and tiled splash backs, stainless steel sink unit, electric oven, 2-ring electric hob, planned space and plumbing for washing machine, room for a dryer and a fridge freezer Hallway - with door into useful storage cupboard and airing cupboard with hanging rail and hot water heater Bedroom 1 - with window overlooking the garden and electric Dimplex heater Bedroom 2 - with wall mounted electric Dimplex heater, window overlooking the garden and useful shelved alcove Shower Room - with a modern suite in white incorporating a wc, pedestal wash hand basin, large walk-in shower area with shower fitted, tiled splash backs, window to rear, electric towel rail and electric blow-air heater Outside - The property enjoys communal gardens and is right in the heart of Ludlow’s town centre.
Services - Mains electricity, mains water, mains drainage. Electric heating where listed, windows are double glazed. Broadband speeds between Basic of 17 Mbps up to 1000 Mbps.
Flood risk – no risk Local Authority - Shropshire Council Tax Band - B Agents Notes - 1.The property is leasehold with a 99 year lease which commenced in 1986 2.The ground rent is £96.00 per annum with a service charge payable for 2025/26 is £2571.50 per annum Viewings - Contact the Ludlow Office on Tel: or Craven Arms Office Or you can email us at or visit our web site at For out of office enquiries please phone Andrew Cadwallader on Referrals - Samuel Wood routinely refers vendors and purchasers to providers of conveyancing and financial services.
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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.
Area
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FAQ
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