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24 St. Marys Street, Bridgnorth

West Midlands

£199,950
Listed on 22/06/2025

Property Details

Bedrooms
2
Type
Detached house
Area
721 sqft

Description

This two-bedroom Grade II Listed town house presents a remarkable opportunity for renovation and investment, located centrally in a vibrant market town. The property spans three stories and includes a long garden at the rear, providing ample space for potential enhancements. Situated on St Marys Street, the house benefits from its proximity to the lively High Street and is surrounded by the rich history of Bridgnorth. Known for its stunning architecture and numerous listed buildings, the area features attractions such as the Severn Valley Railway, which offers scenic vintage train rides. Residents enjoy access to a variety of shops, cafes, pubs, and restaurants, along with regular farmers' markets and community events throughout the year. Additionally, key amenities such as healthcare services, supermarkets, primary and secondary schools, sports clubs, and a leisure center are all conveniently close by. For entertainment options, an art deco cinema and 'Theatre on the Steps' provide diverse cultural experiences. The accommodation itself has previously received planning permission for an extension at the rear—though this has since lapsed—demonstrating the property's development potential. The entrance leads into a lounge featuring a gas fire with a pine surround and secondary glazed window. A staircase provides access to the cellar below and leads up to a first-floor double bedroom overlooking the street. A large bathroom on this level includes essential fixtures along with an airing cupboard that houses a gas combi boiler. The second floor features an additional loft bedroom with dormer windows inviting natural light. Outside, a courtyard provides practical space with additional storage options including a gardener’s WC and brick store. From here, a path extends into a lengthy garden equipped with a greenhouse and generous lawn area—ideal for landscaping or further development opportunities. On-street parking permits are available through Shropshire Council. Essential services such as mains water, drainage, electricity are confirmed to be connected; gas is accessible from the road. This freehold property not only offers comfortable living but also significant potential for future enhancements in one of Shropshire's most cherished towns. Viewing is strictly by appointment only through our Bridgnorth office; prospective buyers will appreciate how this property can transform into either an ideal home or investment opportunity in this historic location.

Investment Analysis

(WV16 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£277/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£237,811
10% above area average per sq ft
Potential ROI
-4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (WV16)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 3.3%
5 year growth: 25.0%
Investment Disclaimer: Analysis based on WV16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

24 St. Marys Street, Bridgnorth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£732
Based on a loan of £149,962 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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