4-bedroom house · SY8 3AF
For saleListed 219 days
Opportunity summary
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About
Situation: Upper House is set in the picturesque village of Hope Bagot with a village hall and church. The nearest shops and primary school are found at Clee Hill.
The nearby popular market towns of Tenbury Wells and Ludlow have an excellent range of shops, schools, restaurants, services and amenities.
Communications in the area are excellent with the A456 picked up at Tenbury Wells linking to Kidderminster and the A44 linking to Worcester where the motorway network can be picked up.
Rail links are found at Ludlow, Kidderminster and Worcester. The property is a beautiful part timbered, Grade II listed village house and is believed to date back from 1678.
It has been sympathetically renovated over the years and now offers excellent accommodation arranged over three floors.
Upper House retains a host of period features and is full of character throughout.
The family room and sitting room are both dual aspect and have exposed ceiling timbers, along with feature fireplaces housing wood burning stoves.
The kitchen / dining room has triple aspect windows and boasts a four oven Aga along with plenty of fitted storage and space for a dining table.
A mezzanine floor over the kitchen space, currently used as a reading room could double up as a home office or play room accessed from a flight of stairs from the kitchen.
There are two characterful first-floor bedrooms (one with an en-suite shower room) along with a further study / bedroom and a family bathroom. There are also two further 2nd floor bedrooms.
Outside Upper House is located on a country lane through a gated entrance onto a gravel driveway with ample off street parking to the front of the detached garage / workshop.
There is also a dairy with a separate utility area, wc and washroom.
The delightful cottage gardens are a real feature, with lawn, flowering and herbaceous borders, all enclosed by mature trees and hedging.
Upper House also benefits from a light and airy converted studio with a mezzanine office space above, ideal as an artist’s studio or with the potential for a holiday let or further accommodation, subject to the necessary planning consents.
At the top of the garden, there is a cedarwood summerhouse which benefits from light and power with views across the countryside. Services: Mains water and electricity. Oil fired heating.
2 woodburning stoves & Aga with underfloor heating in the kitchen. Septic tank drainage.
Council Tax: Band E Postcode: SY8 3AF Local Authority: Shropshire Council Mobile Signal: EE X Vodafone Y (Limited) O2 Y (Limited) Three X Broadband Speed: Our research has indicated that Airband is available at this property.
Please conduct your own research to ensure the speeds meet your requirements. Flood Risk: Surface Water, Rivers and the Sea: Very Low Risk.
Fixtures and Fittings: Whilst all attempts have been made to accurately describe the property in regard to fixtures and fittings, a comprehensive list will be made available by the seller’s solicitors.
Wayleaves, Easements and Rights of Way: The property will be sold subject to and with the benefit of all wayleaves, easements and rights of way, whether mentioned in these particulars or not.
Please Note: The property is located within a Conservation Area.
Please Note: There are shared rights of access along the lane with neighbouring property, and a public footpath and bridleway adjacent to property on the west side.
Please Note: Septic tank is on the neighbouring land with rights to use and maintain in the deeds. Directions: From Ludlow, take the Sheet Road to the end then turn left towards Caynham.
Pass through the village of Caynham and continue into Knowbury.
On entering the village, turn right onto Hope Bagot Lane and approximately a mile away the property can be found on the left hand side, just before the village hall which is on the right.
What3Words: songbook.bracing.worksheet
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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About Upper House, Hope Bagot, Ludlow, Shropshire
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