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

Wales

£495,000
Listed on 29/08/2025

Property Details

Bedrooms
6
Type
Detached house

Description

This impressive townhouse is located in a tranquil area of the historic part of town, presenting a unique opportunity for those looking to invest in a renovation project or create a spacious family home. The property features six bedrooms, including a practical landing bedroom, and two bathrooms along with an additional shower room. The generous living areas include a large living room and a family room that opens onto the garden, offering potential for modern updates to enhance their charm and functionality. Included within the property is a separate two-bedroom maisonette, complete with its own kitchen and sitting area. This space could serve multiple purposes, whether as rental income or as accommodation for extended family, increasing the property's overall value. Access to Oak House can be gained through both the Old Market Square via a quaint passageway or from Bull Lane through double gates leading into an ample parking area that includes two garages. The gardens surrounding the home are sizable and offer lovely views of the Longmynd, although they currently require some attention to restore their original beauty. The location provides easy access to local amenities within this ancient market town, including shops, schools, medical facilities, and leisure options. The picturesque South Shropshire countryside is also nearby, making it appealing for outdoor enthusiasts. Ludlow and Shrewsbury are close by as well, providing further services and connections to national transport networks. Internally, the main entrance leads into a welcoming hallway with attractive beamed ceilings that set the tone for the rest of the house. The principal living spaces are bright and airy with classic features such as exposed timber beams and fireplaces that add character. The kitchen is functional but would benefit from modernizing to meet contemporary standards. Upstairs, the first floor offers two double bedrooms with pleasant views over the garden and towards surrounding landscapes. A further staircase leads to additional sleeping spaces that could be adapted to suit varying needs. Externally, alongside the existing garages—which present opportunities for conversion—there are beautifully landscaped areas that enhance privacy while providing lovely outdoor seating options. Both vehicular access via Bull Lane and pedestrian pathways ensure convenience in navigating this substantial property. The potential for renovation is significant throughout Oak House, allowing new owners to personalize their space while enhancing value in this sought-after location. With mains water, electricity, drainage connectivity confirmed along with oil heating in place—this property stands ready for its next chapter under new ownership.

Investment Analysis

(SY9 area)
Area Average
£283/sq ft

Renovation Potential

Est. Renovation Cost
£49,500 - £123,750
10-25% of property value
Monthly Sales
2
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY9)

Area prices are falling by +4.2% over the last 12 months
3 year growth: -2.1%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on SY9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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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