We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom house · SY8 1EB
Sold STCListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exquisite Grade-ii listed townhouse in the heart of Ludlow offering a wealth of character, a beautiful spacious garden and superb proportions.
Spicers House is an idyllic townhouse situated on Ludlow’s historic Corve Street.
The property originally dates back to the 14th century with later Georgian additions, boasting a wealth of character and charm throughout. Ground Floor - Reception hall. - Cloakroom WC.
- Dining room with beautiful original wooden flooring, large sash windows with shutters - Sitting room with beautiful double glazed sliding doors overlooking the gardens.
There is a fireplace housing a Clearview wood burning stove. - Cosy snug room with further fireplace and a Clearview wood burning stove.
- The kitchen is fully fitted with units and integrated appliances including a gas-fired aga, full height fridge, dishwasher, an electric hob and an Electrolux oven.
- Utility room with further units, a basin and plumbing for washing facilities. External door accessing the gardens. - Door leads down to the cellar providing useful storage.
- There is the potential to create an annexe with its own access. First Floor - Three/four spacious double bedrooms, three benefitting from en-suite bath/shower rooms.
Second Floor - Principal bedroom with en-suite bathroom and his and hers walk-in dressing room space.
- Exceptional attic rooms providing ample space, currently used as an office room and sitting room but could be used for a wide rang of possibilities.
Outside - Beautiful gardens mainly laid to lawn with some wonderfully stocked herbaceous borders. - Terrace with space for al-fresco dining and entertaining. - Stores.
Situation - A highly sought-after location on Corve Street, just a stones throw from the vibrant town centre. - Within walking distance to the train station.
- Primary and secondary schooling within easy reach. What3words: ///league.return.named Local Authority: Shropshire Council. Services: Mains water, electricity, drainage and gas.
Council Tax: Band E Wayleaves, easements and rights of way: The property will be sold subject to and with the benefits of all wayleaves, easements and rights of way, whether mentioned in these sales particulars or not.
Viewings: Strictly by appointment via Mark Wiggin Estate Agents.
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
Agent & docs
.png)
FAQ
About Spicers House, 101, Corve Street, Shropshire
Explore nearby