1-bedroom house · SY8 1DJ
Sold STCListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor garden apartment with door out onto the communal gardens sits in this modern purpose-built retirement development with its excellent range of communal facilities.
Accommodation is immaculate and briefly includes entrance hall with two good size cupboards, lounge/dining room with access onto garden, modern kitchen with integrated appliances, large double bedroom with fitted wardrobe and shower room.
No onward chain. Betjeman Lodge is located off Ludlow's town centre which is renowned for its architecture culture and festivals and has a good range of facilities.
The complex has weekly activities that include: coffee mornings, afternoon tea, Thai chi, knitting, film night and book club along with trips out and special events.
Property is approached off ground floor communal entrance hallway into a private hallway with large walk-in airing cupboard and further shelf and cupboard Lounge/dining room has door out onto a patio and two windows overlooking communal gardens together with feature electric fireplace The Kitchen is modern with integrated appliances that include cooker hob, extractor, washing machine, fridge and freezer.
The Bedroom is an exceptionally good size with window overlooking garden and excellent fitted wardrobes.
Shower room having a suite in white of wash hand basin with vanity cupboard, good sized shower cubicle and WC.
Agents Notes: - Property is leasehold with a 999 year lease which commenced on 1st of April 2018 Ground rent is £812.66 per annum Service charge is £3092.74 for the 2026/ 2027 year which includes building insurance, communal heating, water and sewage rates, 24 hour care Line and facility lodge manager Services - We understand that the property has mains electric, water and drainage.
Heating is a communal ground source heating system which can be boosted to provide additional heat if required. Windows are UPVC double glazed.
Broadband Speed: Basic 17 Mbps, Ultrafast 1800 Mbps Flood Risk: Very Low Tenure: We understand the tenure is Leasehold.
Local Authority: Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND.
Tel Council Tax Band: B 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 Ludlow office on or email .
For out of hours enquiries please contact Andrew Cadwallader on .
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.
Area
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FAQ
About Betjeman Lodge, Corve Street, Ludlow
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