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New Park Street, Castlefields, Shrewsbury, SY1

West Midlands

£170,000

Listed on 21/05/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house in the desirable Castlefields area of Shrewsbury offers a blend of charm and untapped potential. The property features a welcoming reception room that leads to a spacious kitchen/diner, alongside a convenient downstairs bathroom. Upstairs, you will find two generously sized bedrooms. The enclosed rear garden provides a private outdoor space, complemented by parking at the back of the property. While some updating is necessary, this home is an attractive investment opportunity for those looking to add value and customize it to their tastes. Given Castlefields’ strong rental market, it's also well-suited for investors aiming to tap into local demand. The vibrant community offers riverside walks and local amenities within a short distance, enhancing its appeal for both homeowners and renters alike. With no onward chain involved, this property invites you to explore its full potential in one of Shrewsbury's most sought-after neighborhoods.

Investment analysis

(SY1 area)
Area Average
£268/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
11%
Properties sold annually

Local Market Trend (SY1)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +4.0%
5 year growth: +17.4%
Investment Disclaimer: Analysis based on SY1 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

New Park Street, Castlefields, Shrewsbury, SY1
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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.

Stamp duty calculator

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