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Lower Broad Street, Ludlow

West Midlands

£295,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in the highly desirable Lower Broad Street, this charming period townhouse presents a unique opportunity for those looking to invest in a property with considerable renovation potential. Just a short walk from Ludlow's vibrant market square, you'll find a variety of independent shops, cafés, and direct train services to major cities, making this location both convenient and attractive. The townhouse is arranged over three floors, offering flexible accommodation that can be tailored to your vision. The ground floor features an open-plan layout encompassing a lounge and dining area adjacent to the kitchen. A bit of modernisation will greatly enhance the functionality and aesthetics of these spaces, creating an inviting environment for family gatherings or entertaining guests. The first floor includes a versatile reception room that can serve as an additional bedroom or cozy living space, along with a family bathroom ready for updates that align with your preferences. On the top floor, two well-proportioned bedrooms provide elevated views over Ludlow’s picturesque rooftops. This layout is ideal for families or those needing extra space for guests or home offices. Outside, you'll appreciate the private garden—an uncommon feature in such a central location. Currently laid mainly to lawn and bordered by mature trees and hedging, this outdoor space offers ample opportunity for landscaping projects or vegetable gardening. With some thoughtful design, it could transform into an inviting retreat perfect for relaxation or social gatherings during warmer months. Additionally, there’s a practical brick-built outbuilding at the edge of the garden, currently used for storage but with potential as a workshop or creative studio. With power and lighting already connected, this space could be adapted to suit various hobbies or storage needs. Living on Lower Broad Street means immersing yourself in Ludlow's rich heritage while enjoying access to beautiful countryside walks along the River Teme and nearby Whitcliffe Common. The blend of community charm along with proximity to essential amenities makes this property even more appealing as an investment opportunity. This residence not only offers character and space but also invites you to explore its full potential through renovations that reflect your style. Whether you're looking to create your dream home or pursue an investment project in one of Shropshire's most attractive market towns, this property deserves your attention.

Investment Analysis

(SY8 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SY8)

Area prices are falling by +5.0% over the last 12 months
3 year growth: 5.5%
5 year growth: 7.7%
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

Lower Broad Street, Ludlow
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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
£1,081
Based on a loan of £221,250 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