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Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire - Image 1
Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire - Image 2
Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire - Image 3
Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire - Image 4
Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire - Image 5
Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire - Image 6
Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire - Image 7

Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire

West Midlands

£400,000
Listed on 13/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Minton House and Yard offers a unique opportunity for transformation in the heart of Wem. Spanning approximately 0.67 acres, this substantial mixed-use property features over 6,500 square feet of flexible space, including a historic building with significant shop frontage, various office areas, and a first-floor three-bedroom flat with its own entrance. The property could be revitalized into residential units or commercial spaces, making it an enticing prospect for both investors and developers. Previous planning permissions indicate that the site has potential for up to 14 dwellings or conversion into six spacious apartments with additional houses constructed to the rear. With strong local amenities and positioned near larger towns, this site allows for diverse development options that could enhance its value considerably.

Investment Analysis

(SY4 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£204
Avg Yield
2.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (SY4)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +0.8%
5 year growth: +16.9%
Investment Disclaimer: Analysis based on SY4 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

Minton House And Yard, New Street, Wem, Shrewsbury, Shropshire
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Mortgage Calculator

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Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 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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