1-bedroom flat · SY8 1NH
Listing removedListed 86 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located right in the heart of the town at the top of Broad Street sits this delightful first floor modern apartment. Ideal for a single person looking for convenient location.
An apartment (offered unfurnished) with appeal to anyone who wants to be right in the heart of Ludlow. This is a modern apartment that has been fully renovated in 2018.
The property is located in a block of three other apartments (plus an office on the ground floor) under management of one owner. The access is via private entrance serving all three apartments.
It is secured with door intercom entry system to ensure it is only accessed by residents and their visitors.
This particular apartment is located on the first floor and comprises of small hallway providing space to hand coats etc. There is also a large broom cupboard for storage.
The main sitting room is of large and light room with an excellent bay window affording views of a well known black and white The Angel on the opposite side of Broad Street.
An open plan kitchen has a good range of units, built in hob and oven, space for washing machine and under counter fridge. The double bedroom is of a good size.
The bathroom fitted with a walk in shower. Unfurnished. No smoking/vaping. No pets.
EPC - E Council Tax Band – A Utilities (mains electric, mains water, mains drainage ) Parking situation – off street parking with permit
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Broad Street, Ludlow
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