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Lower Broad Street, Ludlow

West Midlands

£295,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in the charming neighborhood of Lower Broad Street, this period townhouse presents an excellent investment opportunity with its rich character and potential for renovation. Just a short walk from Ludlow’s vibrant market square, the property is ideally positioned near independent shops, cafes, and the mainline train station. This three-story residence features versatile living arrangements that can be tailored to your needs. The ground floor boasts an open-plan design with a lounge, dining area, and a functional kitchen equipped with essential appliances and potential for enhancement. On the first floor, you will discover a generous reception room that could double as an additional bedroom alongside a family bathroom that requires modern updates. The top floor houses two further bedrooms that offer lovely views of the scenic town. Outside, the low-maintenance garden provides a tranquil retreat amidst lush greenery, ripe for landscaping or vegetable planting, making it perfect for families or gardening enthusiasts seeking outdoor space. The existing outbuilding adds further value, presently used for storage but holding promise as a workshop or creative studio with power and lighting already connected. With some thoughtful updating and personalization throughout—including minor improvements to the kitchen and bathroom—this home could truly shine and capture the essence of both historic charm and modern convenience in one of Shropshire's most picturesque towns.

Investment Analysis

(SY8 area)
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (SY8)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +7.0%
5 year growth: +1.1%
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

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,064
Based on a loan of £221,250 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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