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High Street, Grinshill, Shrewsbury, Shropshire, SY4 - Image 1
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High Street, Grinshill, Shrewsbury, Shropshire, SY4

West Midlands

£350,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1313 sqft

Description

Located in a desirable village setting, this period cottage, known as East Cottage, presents an excellent opportunity for renovation and expansion. The property is positioned on a generous plot that offers captivating views of the surrounding countryside, making it an ideal canvas for those looking to enhance its charm and functionality. The current layout consists of two spacious reception rooms, a kitchen, a conservatory, and an office space, providing a solid foundation for any remodeling efforts. Additionally, the ground floor features a convenient porch with a cloakroom W/C. Upstairs, there are two well-sized bedrooms with potential plans available for expansion to convert the space into four bedrooms, subject to planning permission. While the cottage requires modernization throughout, it offers significant investment potential for buyers interested in creating a dream home tailored to their tastes. With its location in a sought-after village and scope for improvement and extension, this property stands out as an exciting prospect for those looking to invest in real estate. External amenities include driveway parking and an outbuilding that could be repurposed or renovated further. The property benefits from mains electricity, water, drainage connections, and oil central heating. Mobile coverage from major networks and superfast broadband availability add to the appeal of this property in terms of modern living conveniences. With thoughtful updates and redesigns, East Cottage has the potential to transform into an inviting home that retains its character while meeting contemporary needs. This is indeed an exciting project worth considering for both homeowners and investors alike.

Investment Analysis

(SY4 area)

Below Market Value

This property is priced -4.6% below area average per sq ft

-4.6%
Potential saving
This Property
£267/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£403,610
10% above area average per sq ft
Potential ROI
-1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SY4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 5.2%
5 year growth: 24.1%
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

High Street, Grinshill, Shrewsbury, Shropshire, SY4
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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
£1,282
Based on a loan of £262,500 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