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See how verdicts work3-bedroom detached house · SY9 5LW
Listing removedListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully situated much improved detached bungalow standing in 2.5 acres of gardens and pastureland and cider orchard, commanding extraordinary views across the rolling South Shropshire Countryside and overlooking the historic market town of Bishops Castle.
Offering flexible and well presented living accommodation and subject to an agricultural tie.
Directions - What3words: ///puppy.active.minimums From Bishops Castle, proceed south on the A488 towards Clun.
After 1 mile, in the centre of Colebatch, turn right immediately after Colebatch Farm for Cefn Einion.
Proceed another half mile taking the first metalled road on the right signposted for Mellington Nurseries.
Continue up this narrow lane up the bank, past the nursery to the top of the hill and Croeso is found on the right.
Situation - A notable feature of the property is its exceptionally peaceful and private location, elevated above the surrounding landscape with uninterrupted views across a patchwork of pastureland towards Bishops Castle.
The area is widely regarded as a mecca for walkers and cyclists, offering immediate access to outstanding countryside. Bishops Castle offers an excellent range of local amenities and services.
The larger towns of Shrewsbury and Ludlow are both within comfortable driving distance and have access to the national road and railway network.
Description - A beautifully situated and much-improved detached bungalow, occupying an enviable elevated position within approximately 2.5 acres of productive pastureland, and commanding extraordinary panoramic views across the rolling South Shropshire countryside and the historic market town of Bishops Castle.
The property is subject to an Agricultural Occupancy Condition and offers flexible, well-presented accommodation, thoughtfully arranged to take full advantage of its exceptional setting.
At the heart of the home is a truly outstanding open-plan kitchen, dining and living space, featuring partially exposed wood flooring and ceiling beams, a characterful Rayburn range, wood-burning stove and wide-reaching countryside views.
A contemporary kitchen complements the space, with open-tread stairs rising to an attic area currently used as an occasional bedroom.
The ground-floor accommodation is serviced by an attractive bathroom with both walk-in shower and bath, together with a separate guest WC.
The principal bedroom enjoys sliding doors opening directly onto the gardens and land, perfectly framing the stunning rural outlook.
In addition, there are three further versatile rooms, presently used as reception spaces but equally suitable as additional bedrooms, home working or hobby areas.
A notable feature of the property is its exceptionally peaceful and private location, elevated above the surrounding landscape with uninterrupted views across a patchwork quilt of fields, Bishops Castle and beyond to the famous Longmynd.
The area is widely regarded as a mecca for walkers and cyclists, offering immediate access to outstanding countryside.
The gardens and land extend to approximately 2.5 acres, gently sloping to the north-east and largely level, with informal, calming gardens that blend seamlessly into the fertile and productive pasture.
The property is further complemented by a range of useful timber-clad stores and a garage, all conveniently positioned near the bungalow.
A rare opportunity to acquire a rural home of character and flexibility, combining privacy, land and some of the finest views in South Shropshire.
Optional Purchase - Available as an additional purchase option is a large detached two storey timber framed and clad pole barn, which has been very well maintained and improved, insulated and watertight and stands in good sized adjoining grounds with its own separate road access.
Over its two floors the approximate area is over 1400 sq ft excluding the staged first floor balcony which enjoys spectacular views.
The building is available separately with an expected price of £90,000.
General Remarks - Anti-Money Laundering (Aml) Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Agricultural Tie - The property is subject to an Agricultural Occupancy Condition, meaning occupation is restricted to persons employed, or last employed, in agriculture or a related rural industry, such as Forestry, Horticulture, Nurseries etc, together with their dependants.
This requirement helps ensure the property continues to serve the local rural community.
Interested purchasers are advised to satisfy themselves that they meet the eligibility criteria prior to making an offer.
Fixtures & Fixtures - Only those items described in these particulars are included in the sale. Tenure - Freehold. Purchasers must confirm via their solicitor.
Services - Mains electricity is understood to be connected. A private water supply is installed, together with a private drainage system. Heating is an oil Rayburn and wood burning stoves.
NOTE; None of the services or installations have been tested by the Agents. Council Tax - The property is in Council Tax band 'C' on the Shropshire Council Register.
Viewing - By appointment through Halls, 2 Barker Street, Shrewsbury, SY1 1QJ.
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
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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 Croeso, Pennanheath, Colebatch, Bishops castle, SY9 5LW
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