4-bedroom house · SY8 3BZ
For saleReduced £20k (−3.4%) on 9 JulListed 350 days
Opportunity summary
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About
This imaginative Class Q conversion by renowned developers Cathedral Homes, has been thoughtfully designed and is beautifully presented, ideal for today’s modern living.
The property has accommodation over two floors and benefits from modern fixtures and fittings including zoned underfloor heating to the ground floor, air source heating, chrome electric fittings and stylish kitchen, bathroom and ensuites.
Approached by an impressive central atrium, a glazed front door leads to the galleried entrance hall, which has an attractive staircase with black metal balustrades and luxury vinyl flooring, doors lead to the kitchen/sitting/dining room, utility room, study/office and ground floor bedroom.
The stylish double aspect kitchen/sitting/dining room with luxury vinyl flooring offers wall and floor units with quartz work surfaces; modern appliances include Bosch induction hob with extractor above, oven, dishwasher and cda upright fridge freezer.
Sliding doors give access to the rear garden and patio, ideal for entertaining and alfresco dining.
There is a bedroom on the ground floor which benefits from its own en suite with walk-in shower, with rainfall shower head, wash hand basin with drawer under, tiled floor, heated towel rail and LED mirror.
The first floor galleried landing with handy storage cupboard gives access to three airy bedrooms all of which boast far reaching country views, there is also a snug and family bathroom which consists of bath, wash hand basin with drawer under, heated towel rail and LED mirror.
The principal bedroom has a dressing room and en suite consisting of walk-in shower with rainfall shower head, wash hand basin with drawer under, tiled floor, heated towel rail and LED mirror.
Services: Air source heating, mains water and electric, private water treatment that we understand complies with current regulations.
Warranty: Icw – 10 years Agents Notes: There will be a management charge per dwelling to contribute to the communal areas, please consult with your solicitor for verification.
Internal images shown are of barn 5 The rear garden is mainly laid to lawn and is enclosed by fencing; there is also a generous patio, outside courtesy light, power point and a gate giving rear access.
The Mitsubishi Air Source Heat Pump is positioned to the rear of the barn. The property also benefits from two allocated parking spaces.
Subject to availability and separate negotiation there is the possibility to purchase a spacious outbuilding with covered parking.
In addition the barn has shared access to over 2.5 acres of stunning communal parkland, enjoying far-reaching views towards Clee Hill and the surrounding countryside.
The pretty hamlet of Greete is surrounded by some of the most stunning English countryside so there are several fabulous walks on the doorstep.
The historic towns of Ludlow and Tenbury Wells are nearby and within these characterful town centres there are an abundance of excellent independent shops and cafes as well as supermarkets.
Ludlow itself is renowned for its great food and drink with several excellent restaurants and pubs, every year the town plays host to a plethora of music and food festivals, normally held in and around the grounds of the breath-taking Ludlow Castle There are several well-regarded schools in the area, including the independent Moor Park School and Lucton School.
Ludlow train station is on the main Manchester to Cardiff line and offers good connecting links north to Shrewsbury and Crewe and south to Hereford, for frequent air travelers Birmingham International is accessible.
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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FAQ
About Barn 5 Greete, Shropshire
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