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303 Monkmoor Road, Shrewsbury, SY2 5TF - Image 1
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303 Monkmoor Road, Shrewsbury, SY2 5TF

West Midlands

£185,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
779 sqft

Description

This semi-detached property presents a promising opportunity for those looking to invest in a home that requires significant modernization. Nestled within a desirable residential area, the house boasts ample accommodation with three bedrooms, a living room, and a kitchen diner, but is currently in need of extensive refurbishment to bring it up to contemporary standards. The generous gardens provide outdoor space that can be enhanced, alongside a driveway capable of accommodating multiple vehicles. The location benefits from proximity to local amenities and excellent transport links, making it an ideal candidate for renovation into a modern family home or potential rental investment. This property invites creative homeowners and investors alike to inject their personal touch and vision into its future.

Investment Analysis

(SY2 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£237/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£258,184
10% above area average per sq ft
Potential ROI
-2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SY2)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -5.7%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on SY2 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

303 Monkmoor Road, Shrewsbury, SY2 5TF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£660
Based on a loan of £138,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-15.9% since listed
£185,000£14,950(-7.5%)
21/08/2025
Current price
£199,950£10,050(-4.8%)
05/04/2025
£210,000£10,000(-4.5%)
04/09/2024
£220,000Initial listing
23/05/2024

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