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Oak House, Market Square, Bishops Castle - Image 1
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Oak House, Market Square, Bishops Castle

West Midlands

£495,000
Listed on 30/08/2025

Property Details

Bedrooms
6
Type
Detached house

Description

This impressive town house is nestled in a tranquil area of the historic part of town, presenting a remarkable opportunity for renovation. Comprising six bedrooms across the main property and an additional two-bedroom maisonette, this home offers significant potential for both personal living space and rental income. The layout includes two full bathrooms, one shower room, expansive living areas—such as the large living room and a family room featuring charming beamed ceilings—and a practical kitchen with utility space. While the interior could benefit from modern updates to enhance its functionality and aesthetics, it provides ample square footage and an excellent framework for transformation into a stunning family residence. Approached via a discreet passageway or through decorative double gates leading to considerable off-road parking and two garages, accessibility is convenient. The gardens are spacious and provide scenic views of the Longmynd mountains; with some maintenance, they could be revitalized into beautiful outdoor spaces. Located near all essential amenities including shops, schools, and recreational facilities, this property sits in an enviable position that allows easy access to the breathtaking South Shropshire countryside—a perfect backdrop for nature enthusiasts. The proximity to larger towns like Ludlow and Shrewsbury adds to its appeal, ensuring residents have access to extensive services while enjoying the peace of town life. Overall, this property stands as a canvas ready to be transformed into a desirable home or investment opportunity with careful refurbishment.

Investment Analysis

(SY9 area)
Area Average
£279/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SY9)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on SY9 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

Oak House, Market Square, Bishops Castle
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,813
Based on a loan of £371,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE