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See how verdicts work2-bedroom flat · SY8 1AN
Sold STCReduced £10k (−9.5%) on 21 JunListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This Grade II listed, first-floor retirement apartment is ideally positioned in the heart of Ludlow’s historic town centre, just a short walk from a wide range of shops and amenities.
Offering well-presented accommodation and pleasant views, the property forms part of a well-regarded development with excellent communal facilities. The apartment is offered with no onward chain.
Introduction This Grade II listed, first-floor retirement apartment is ideally positioned in the heart of Ludlow’s historic town centre, just a short walk from a wide range of shops and amenities.
Offering well-presented accommodation and pleasant views, the property forms part of a well-regarded development with excellent communal facilities. The apartment is offered with no onward chain.
Windows in living room and both bedrooms have full secondary double-glazing.
Property Description A spacious ground-floor hallway is accessible either from the College Street Main Entrance or from the College Court communal gardens and rear entrance; both give easy direct access to the town centre.
Also located on the ground floor are a generously-proportioned residents’ common room and facilities and the manager’s office.
Flat 4 is accessed via a period staircase shared with only one other flat. The apartment opens into an entrance hall with a window overlooking the courtyard garden.
There is an airing cupboard housing the hot water cylinder with dual-level off-peak immersion heating and shelving; additional high-level storage cupboard to side.
The living room is a bright and comfortable space featuring attractive coving, ceiling-level storage and a window with views over the communal gardens.
Sliding doors give access to the refurbished fitted kitchen with units and tiled surround.
Appliances (all included in the sale) include Beko induction hob, Ebac plumbed-in washing machine and free-standing fridge-freezer.
Bedroom one enjoys a particularly appealing outlook across rooftops towards the surrounding Shropshire countryside, complemented by a further roof window.
The room also benefits from extensive fitted wardrobes with hanging space and additional high-level storage and airing rack. Bedroom two overlooks the communal gardens.
The shower room includes a wash hand basin set within a vanity unit, WC and a double-width shower cubicle with fitted Triton shower, along with extensively tiled walls and a roof window.
A supplementary wall heater complements the storage heater. Outside The development is set within well-maintained communal gardens for residents to enjoy.
Additional benefits include a part-time house manager and a 24-hour emergency careline system, providing added peace of mind.
Services The property benefits from mains off-peak/peak electric metering, water and drainage. Space heating is provided by off-peak electric storage heating.
All services are to be confirmed by solicitors.
Broadband Estimated broadband speeds are: Standard: Up to 17 Mbps Superfast: Up to 80 Mbps Local Authority Shropshire Council Council Tax Band A Tenure Leasehold with a 99-year lease commencing from 1986.
Ground Rent: £96.00 per annum Service Charge (2025/26): £2,571.50 Council Tax: Band A One Resident needs to be 55 years or older Agents Notes In accordance with The Money Laundering Regulations 2007, Cobb Amos are required to carry out customer due diligence checks by identifying the customer and verifying the customer’s identity on the basis of documents, data or information obtained from a reliable and independent source.
At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £24 + VAT per purchaser, in order for us to carry out our due diligence.
Value & comps
No previous sales on record.
Returns
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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.
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About Flat 4, 3, College Street, Ludlow
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