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Kynance, 132 Ellesmere Road, Shrewsbury, SY1 2QZ - Image 1
Kynance, 132 Ellesmere Road, Shrewsbury, SY1 2QZ - Image 2
Kynance, 132 Ellesmere Road, Shrewsbury, SY1 2QZ - Image 3
Kynance, 132 Ellesmere Road, Shrewsbury, SY1 2QZ - Image 4
Kynance, 132 Ellesmere Road, Shrewsbury, SY1 2QZ - Image 5

Kynance, 132 Ellesmere Road, Shrewsbury, SY1 2QZ

West Midlands

£600,000
Listed on 12/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2046 sqft

Description

This spacious four-bedroom detached family home is positioned on a generous plot in a highly desirable area, ideal for those looking to invest in renovations. While the property features well-proportioned living spaces, including an L-shaped sitting/dining room, modern kitchen, and ample outdoor areas, it presents considerable opportunity for enhancement. Its expansive rear gardens are not only beautiful but also provide potential for landscaping or further development, subject to local planning permissions. Located just over a mile from the town center of Shrewsbury with convenient access to local amenities and transport links, this house is configured for comfortable family living yet requires some updating to realize its full potential. Notably, the property comes with no onward chain which can facilitate a quicker purchase process. The internal layout includes versatile areas such as a study/playroom and utility space that could be reimagined according to one's needs. This home offers investors and buyers alike the chance to create their dream space within a thriving community.

Investment Analysis

(SY1 area)

Above Market Value

This property is priced +10.5% above area average per sq ft

+10.5%
This Property
£293/sq ft
Area Average
£265/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£597,422
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SY1)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 2.6%
5 year growth: 25.9%
Investment Disclaimer: Analysis based on SY1 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

Kynance, 132 Ellesmere Road, Shrewsbury, SY1 2QZ
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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
£2,198
Based on a loan of £450,000 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