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Ivy Cottage, Bedlam, Clee Hill, Ludlow SY8 - Image 1
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Ivy Cottage, Bedlam, Clee Hill, Ludlow SY8

West Midlands

£515,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2233 sqft

Description

Nestled in a serene rural setting, this three-bedroom detached home presents an exciting opportunity for renovation and investment. Located roughly 6 miles from the historic market town of Ludlow and 33 miles south of Shrewsbury, the property enjoys proximity to the scenic landscapes of the Shropshire Hills National Landscape, making it ideal for those seeking both tranquility and outdoor pursuits. Ivy Cottage stands on approximately 1.18 acres, with around 0.23 acres dedicated to the house and its immediate gardens, while the remaining land consists of steep pasture that features Benson Brook running through it—a charming natural backdrop that adds potential for landscaping or agricultural use. The house itself, while in need of some modernization, offers ample space and a layout conducive to family living. It includes a kitchen, a separate dining room, a cozy living room, and a conservatory. Additionally, there is a downstairs shower room and an upstairs family bathroom that service three good-sized bedrooms. For outdoor enthusiasts or families looking for additional space, the property boasts both front and rear gardens—landscaped with mature planting—and is complemented by a double garage at the back as well as off-road parking facilities. A lean-to barn further enhances functionality and storage options. This location provides convenient access to local amenities while ensuring a peaceful lifestyle away from urban bustle. With mains water and electricity services already connected and foul waste managed by a septic tank, essential utilities are in place to facilitate renovations. The property is freehold with vacant possession available upon completion. This presents not only a chance to create your perfect home but also an investment opportunity in a desirable area that can yield significant returns through thoughtful updates and improvements. Interested parties are encouraged to arrange viewings through prior appointments during business hours.

Investment Analysis

(SY8 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£231/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£712,941
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
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

Ivy Cottage, Bedlam, Clee Hill, Ludlow SY8
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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
£1,887
Based on a loan of £386,250 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