Worst House on the Street Logo
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 1
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 2
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 3
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 4
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 5
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 6
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 7
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 8
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 9
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 10
Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB - Image 11

Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB

West Midlands

£230,000
Listed on 10/11/2024

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached cottage presents a blank canvas for those looking to invest in a renovation project. While it requires thorough modernization, the property retains the potential for an appealing layout that could be tailored to contemporary living preferences. The current layout features an entrance hall, a cozy sitting room, a larger living room, and a kitchen with an adjacent walk-in pantry. Additionally, there is a spacious store room that adds to the practicality of the home. Upstairs, you'll find two bedrooms and a bathroom, providing a solid foundation on which to build. Outside, the property benefits from good-sized gardens full of established shrubs and trees, which could be transformed into beautifully landscaped outdoor spaces. There is also parking available via double gates leading to a wooden sectional garage, offering both convenience and additional storage options. Nestled in the village of Nesscliffe, this cottage enjoys access to essential amenities such as a petrol station, village store, public house, and primary school—all within easy reach. This location is particularly appealing for those who enjoy outdoor pursuits; the surrounding countryside is renowned for its picturesque walks and scenic views. With its substantial renovation needs and attractive location between Shrewsbury and Oswestry, this property holds significant investment potential. It invites visionaries who can see beyond its current state to reimagine it as an inviting home or profit-generating asset in this charming village setting.

Investment Analysis

(SY4 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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
15%
Properties sold annually

Local Market Trend (SY4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 5.2%
5 year growth: 24.1%
Investment Disclaimer: Analysis based on SY4 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

Grove Cottage, Nesscliffe, Shrewsbury, SY4 1DB
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE