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Bull Ring, Ludlow, Shropshire, SY8

West Midlands

£575,000
Listed on 14/01/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
5300 sqft

Description

This historic freehold property offers an expansive total of 5,300 sqft, making it a unique investment opportunity in the heart of Ludlow. The ground floor retail space spans approximately 1,500 sqft and features original character elements such as wooden drawers and a vintage cash desk. Above, two storeys of accommodation (around 2,500 sqft) await creative transformation, benefitting from planning consent to convert into two luxury 2-bedroom apartments. Additionally, the property includes a courtyard building (approximately 1,300 sqft) that presents further potential for development or alternative uses, subject to planning permissions. The property's upper floors have their own independent access, enhancing their appeal for conversion projects. With historical charm throughout—including Regency and Victorian-style windows—this property is ripe for renovation and reimagining. Located near Ludlow's bustling market area and overlooking St Laurence’s Church, it stands in an area with considerable foot traffic and local interest. This is a compelling opportunity for those looking to invest in a project with both residential and commercial possibilities.

Investment Analysis

(SY8 area)

Below Market Value

This property is priced -63.1% below area average per sq ft

-63.1%
Potential saving
This Property
£108/sq ft
Area Average
£294/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,715,478
10% above area average per sq ft
Potential ROI
+136.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (SY8)

Area prices are falling by -8.4% over the last 12 months
3 year growth: +2.0%
5 year growth: -2.0%
Investment Disclaimer: Analysis based on SY8 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

Bull Ring, Ludlow, Shropshire, SY8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,074
Based on a loan of £431,250 over 30 years at 4.06% 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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