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Aston Munslow, Craven Arms

West Midlands

£280,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1044 sqft

Description

This three-bedroom detached bungalow, set on a generous third-of-an-acre plot, presents a unique opportunity for renovation in a charming village environment. Although the property requires significant refurbishment, it is equipped with modern features such as air source heating and solar panels, which can contribute to energy efficiency once restored. The existing double glazing throughout provides added insulation potential. The layout includes a welcoming entrance hallway leading into a spacious living room, characterized by two large windows that offer views of the garden and fill the space with natural light. The bricked fireplace with its tiled hearth offers a focal point that could be enhanced during renovations. The kitchen and dining area span considerable space, featuring ample cupboard storage and often sought-after room for both cooking and dining. While some appliances are currently not operational, this area holds great potential for modernization tailored to contemporary preferences. Adjacent to the kitchen is a garden room that further expands the living space while providing picturesque views of the mature gardens. Each of the three bedrooms is well-sized, allowing for versatile usage according to personal needs or family dynamics. The bathroom, though in need of update, contains essential fixtures that can be revitalized to create a more modern atmosphere. Outside, the property benefits from an extensive tarmac driveway leading to a detached double garage equipped with electricity—ideal for conversion into additional living space or workspace as part of future enhancements. The tranquil setting features established gardens surrounded by high fencing for privacy, making it an ideal retreat while still being conveniently located near local amenities. Situated in Aston Munslow—a village known for its community facilities including a public house and small shop—the home is just six miles from Craven Arms and approximately nine miles from the historic town of Ludlow. This prime location not only enhances daily living but also suggests strong investment potential due to the area's appeal to families and retirees alike. Please note that due to its non-traditional construction type, financing options may be limited; prospective buyers should consider this factor in their planning. With creative vision and investment in renovations, this bungalow could transform into a highly desirable residence reflective of personal style and contemporary living standards.

Investment Analysis

(SY7 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£268/sq ft
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£312,594
10% above area average per sq ft
Potential ROI
-2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY7)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -4.7%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on SY7 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

Aston Munslow, Craven Arms
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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
£1,026
Based on a loan of £210,000 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