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See how verdicts work2-bedroom flat · SY8 1RY
For saleListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the edge of the historic market town of Ludlow, this exceptionally spacious two-bedroom apartment offers stylish and versatile accommodation, perfectly suited to a range of buyers including first-time, investment and those seeking a low-maintenance retirement home.
Offered to the market with the added benefit of no onward chain, the property presents an excellent opportunity for a smooth and straightforward purchase.
The apartment enjoys a highly convenient position on the outskirts of Ludlow town centre, allowing easy access to the town’s renowned range of independent shops, cafés, restaurants and everyday amenities such as supermarkets, healthcare facilities, leisure amenities and excellent transport connections.
The accommodation is thoughtfully arranged and well proportioned throughout, centred around a generous open-plan kitchen and living space, ideal for modern day living and entertaining.
The contemporary kitchen area provides ample storage and workspace, seamlessly flowing into the bright and comfortable lounge area.
There are two excellent double bedrooms, with the principal bedroom benefiting from fitted wardrobes and a private ensuite shower room.
A well-appointed main bathroom serves the remainder of the apartment and completes the accommodation. Services: - Agents Notes: 1).
The property is leasehold with a 990 year lease that commenced in September 2016 2). The service charge is £215.16 per 1/4 for 2026-2027 3).
The Ground rent is £307.40 per annum for 2026-2027 We understand that the property has mains electric, water and drainage. Mains gas with gas fired heating to radiators.
Broadband Speed: 16 - 80 Mbps Flood Risk: Very low Local Authority: Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND.
Tel Council Tax Band: B 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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
About Gravel Hill, Ludlow
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