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Clungunford, Craven Arms

West Midlands

£300,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1285 sqft

Description

This semi-detached cottage located in the peaceful village of Clungunford presents a unique opportunity for renovation and investment. With three bedrooms, the property offers ample space suitable for families or individuals seeking a serene getaway. Upon entry, you’ll find two inviting reception rooms. The sitting room features a cozy open fire, while the adjacent dining area is ideal for both entertaining and daily living. Notably, there’s potential to enhance the living space further by uncovering a large inglenook fireplace believed to be hidden behind the current setup. The spacious kitchen at the rear is complemented by a utility room and a downstairs shower room, ensuring functionality for everyday tasks. The master bedroom boasts stunning views over the surrounding countryside, creating a tranquil atmosphere. The additional two bedrooms are well-sized, offering flexibility as children’s rooms, guest accommodations, or even home office space. Furthermore, the sizable landing area presents an enticing avenue for expansion—consider transforming it into an extra bedroom or bathroom (subject to local building regulations). Outside, the property is enhanced by a generous garden that includes both patio and grassy areas, making it perfect for outdoor relaxation or gatherings. A garage and lean-to shed at the rear provide useful storage options. Additionally, parking for one vehicle is available at the front. This cottage stands out as an attractive project within a picturesque rural setting, providing comfort while holding significant investment potential through renovations. It’s an excellent choice for those looking to immerse themselves in village life while exploring future development possibilities. For practical considerations, the property benefits from oil-fired central heating and has access to mains electricity and water with private drainage via a shared septic tank system serving four neighboring homes. Broadband options are available with speeds up to 48Mbps. This cottage not only invites comfortable living but also holds promise for enhancing value through thoughtful updates—a combination that makes it well worth considering for your next investment project.

Investment Analysis

(SY7 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£233/sq ft
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£384,755
10% above area average per sq ft
Potential ROI
+13.2%
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

Clungunford, 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
£1,099
Based on a loan of £225,000 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