3-bedroom flat · SY8 1AT
Sold STCListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Apartment 9,16 Castle Street, Ludlow. This distinguished second floor apartment is situated in the heart of Ludlow overlooking Ludlow Market, with views of the historic Ludlow Castle.
This stunning leasehold apartment offers the perfect blend of character and modern comfort.
Located on the sought-after Castle Street, this property is ideal for those seeking a unique home in one of the UK’s most picturesque market towns.
This apartment is part of a beautifully maintained building and is perfect for both full-time residence and as a second home.
With Ludlow Castle and the town centre just a short walk away, this property provides easy access to the best of Ludlow’s vibrant history, independent shops, and renowned dining scene.
Introduction Apartment 9,16 Castle Street, Ludlow, is a charming residence sitting in the heart of the historic market town of Ludlow.
Known for its medieval architecture, vibrant food scene, and stunning countryside, Ludlow offers a perfect blend of heritage and modern living.
Located on Castle Street, this property enjoys a prime position within walking distance of Ludlow Castle, the bustling town center, and the River Teme.
Ideal for those seeking a tranquil yet convenient lifestyle, Apartment 9 provides the opportunity to immerse oneself in the rich culture and natural beauty of Ludlow, this elegant, comfortable and spacious apartment will not disappoint.
Internal viewing is highly recommended. Property Description This superb three bedroom apartment offering second floor versatile accommodation, with secure entrance and access via a lift or stairs.
You are welcomed to apartment 9 with a generous entrance hallway with feature flooring and access to all rooms.
Walk through double doors into the spacious lounge area, benefitting from hard flooring, feature fireplace and lovely period style sash windows.
The open plan living arrangement leads into a dining area with space for large table and chairs, the adjacent kitchen is fitted with traditional base and wall units with appliances to include a range cooker with gas hob, integral washing machine with space for fridge freezer.
Sash windows to the front afford a spectacular view over the market square and towards Ludlow Castle.
The principle double bedroom has built in wardrobes and en-suite shower room, with suite in white comprising vanity unit inset wash hand basin, fitted shower with enclosure, W.C.
And heated towel rail. Two further versatile bedrooms benefit from built-in wardrobes / storage cupboards and windows to rear.
These rooms share access to the modern fitted bathroom having a contemporary suite including spa bath with shower head over, integrated waterproof television, separate shower with mixer unit and glass bi-fold door, vanity unit inset wash hand basin and vertical heated towel rail.
All rooms are located off the spacious hallway. Which also houses the airing cupboard with water cylinder.
Location Castle Street is one of Ludlow’s most desirable addresses, offering charm, history, and convenience.
The apartment is located within walking distance of Ludlow Train Station (offering direct links to Hereford, Shrewsbury, and beyond).
Award-winning restaurants, shops, and amenities surround the property, the famous Ludlow Castle and riverside walks are on the doorstep.
Ludlow is renowned for its vibrant community, festivals, and culture, making it a fantastic place to live, visit, work, or retire.
Services We understand mains gas, electric, water and drainage are all connected to the property.
Broadband Speeds Estimated Broadband Speeds - Basic: 18 Mbps | Superfast: 80 Mbps | Ultrafast: 1000 Mbps Parking There is on-street parking for permit holders only.
Permits are available through the local authority, visitor's parking of can also be purchased from Shropshire County Council.
Local Authority Shropshire Council Council Tax: Band D Tenure Leasehold - 978 Year Remaining. The owners of the apartments own the freehold.
Agents Note The apartments within Castle Square operate a secure entry call system, with lift access to all floors.
Maintenance charges for 2024 were £1126.66 per annum, which includes building insurance, and cleaning and maintenance of communal areas.
The freehold of the building is owned by the residents association that each apartment owner is a director of.
Buyers Identification Check Charge 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 Inc. VAT per purchaser, in order for us to carry out our due diligence.
Flood Risk Rivers and the sea: No Risk. Viewing Arrangements Viewings arranged by appointment, please contact Cobb Amos Ludlow on: - Tel: Email:
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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