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Bull Ring, Ludlow, Shropshire, SY8

West Midlands

£575,000
Listed on 14/01/2026

Property Details

Bedrooms
N/A
Type
Not Specified
Area
5300 sqft

Description

This historical freehold property spans approximately 5,300 sqft and features a variety of spaces, including around 1,500 sqft of ground floor retail area, over 2,500 sqft of living accommodations across two floors, a charming courtyard building measuring about 1,300 sqft, and a cellar. Positioned in the historic centre of Ludlow, this property presents an exciting investment opportunity with existing planning permission to convert the upper levels into two luxurious two-bedroom apartments. The shop space offers flexible potential for various business uses—catering to local demand with possibilities like a coffee shop or a wine bar—pending necessary planning approvals. The layout includes a mix of characterful features from its nineteenth-century origins alongside modern functionality; it retains original elements such as sash windows and exposed wooden floorboards throughout. The property's independent access points enhance its versatility for different uses while the quaint private courtyard adds further charm. With some refurbishment and creativity, this property has significant potential for both residential and commercial enhancement.

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
£85,000 - £150,000
Target Value
£1,713,146
10% above area average per sq ft
Potential ROI
+136.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SY8)

Area prices are falling by -8.9% over the last 12 months
3 year growth: +1.8%
5 year growth: -6.3%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,037
Based on a loan of £431,250 over 30 years at 3.91% 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

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