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See how verdicts work6-bedroom house · SY9 5BN
Listing removedListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial town house in quiet position in the older part of the town.
Comprising 4 bedrooms, two bathrooms, one shower room, large living room, family room, kitchen, utility and hall, together with a useful 2 bedroom maisonette.
There is ample parking, two garages and good sized gardens with views to the Longmynd General Remarks - Oak House is a substantial town property which occupies a surprising quiet position in the older part of the town.
Whilst some of the accommodation would benefit from improvement, the sale represents a great opportunity to create a stunning family home.
It currently provides 4 bedrooms (including a landing bedroom) with 2 bathrooms, one shower room, large living room and family room, kitchen, utility and hall.
It also offers a useful 2 bedroom maisonette with sitting room, and kitchen which could provide separate income or multi-generational living.
The house can be approached on foot by a ‘secret passage’ off the Old Market Square or from Bull Lane through double gates to ample parking and two garages.
The gardens are a good size and need a little maintenance to return them to their former glory.
The grounds are quite private with views to the Longmynd which improve further from the upper floor bedrooms.
Situation - The house stands just off Old Market Square in the centre of this ancient market town and can be approached by car from Bull Lane.
It has convenient access to all the towns amenities, which include a medical and dental surgery, a wide range of shops, pubs and schools, sports and arts centre.
The surrounding South Shropshire countryside is a mecca for walkers, providing a beautiful backdrop to the town.
The larger centres of Ludlow and Shrewsbury are within comfortable driving distance and offer a wide range of services and access to the national road and rail network.
The House - The property can be assessed by vehicles off Bull Lane through large double gates into the ample parking area to the two integral garages.
Alternatively, a hidden alley leads off Old Market Square to the main entrance and beamed hallway.
This leads to the principal and spacious living room with exposed ceiling timbers and fireplace and French doors out onto the garden.
A return door into the open plan family room, again overlooking the garden with a Rayburn range, beamed ceiling and wall timbers leading through to the kitchen with a tiled floor, base and wall units and windows to the garden.
A further door leads to the side hall with access to the shower/WC, double garage and to the gardens.
A staircase rises from the main hall to the First Floor Landing off which are two double bedrooms, both with delightful views over the garden and beyond the town towards the Longmynd Range.
The bathroom on this floor comprises a white suite of WC, bidet, wash basin and bath.
A further enclosed staircase rises up to the landing bedroom and fourth bedroom served with a three piece suite bathroom.
Outside - The vehicular access is from Bull Lane with a pair of large gates which open onto the concrete parking area in front of the attached double garage.
There is also a further integral single garage which could be converted to extend the maisonette accommodation above, subject to any necessary consent.
The garden lies to the front, comprising paved terraces close to the house which are a veritable sun trap and provide perfect seating areas.
Beyond the drive is a large section planted with a huge array of colourful plants and bushes with separate pedestrian access and path to the maisonette past a greenhouse.
Services - Mains water, electricity and drainage are believed to be connected. Oil fired heating and partial secondary glazing .
NOTE: None of the services or installations have been tested by the Agents.
Council Tax - Band E - Shropshire Council Viewing - Strictly through the Agents: Halls, 33b Church Street, Bishops Castle, SY9 5DA. Telephone: .
e-mail: Directions - The main entrance to Oak House is situated on Bull Lane through a pair of double gates. What3Words: stage.
overhead.incur Anti Money Laundering Regulations (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.
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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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
Agent & docs

FAQ
About Oak House, Market Square, Bishops Castle
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