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Bromfield Road, Ludlow, Shropshire - Image 1
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Bromfield Road, Ludlow, Shropshire

West Midlands

£325,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Cheam House is a three-bedroom detached property situated on Bromfield Road, an area known for its appeal within the historic market town of Ludlow. The residence benefits from a generous front yard and a private driveway leading to a large garage, including an inspection pit that adds convenience for vehicle maintenance. While the interior spaces are spacious and well-proportioned, they are in need of refurbishment, providing an excellent opportunity for buyers looking to invest their creativity. The existing layout serves as a solid base for modernization, and there may be potential for expansion upon obtaining the necessary planning permissions. This flexibility makes the property particularly attractive to families seeking to adapt their living space or individuals aiming to craft their ideal home. The sizable rear garden further enhances this prospect, offering ample room for landscaping or outdoor gatherings. The location of Cheam House is one of its standout features. Ludlow is celebrated for its medieval charm, vibrant food culture, and strong sense of community. Notable attractions include the historic Ludlow Castle and various local markets that contribute to the town's unique character. The area is also well-regarded for its selection of restaurants and independent shops, making it a delightful place to live. From a practical standpoint, Ludlow's connectivity via road and rail ensures easy access to nearby towns such as Shrewsbury and Hereford. The surrounding landscape includes picturesque countryside areas ideal for walking, cycling, and enjoying nature. Overall, Cheam House offers a distinctive chance to acquire a detached property in one of Ludlow's most coveted neighborhoods with significant renovation potential, allowing future owners to shape the home according to their preferences while enjoying all that this charming town has to offer. Additionally, there is an option to negotiate separately for land at the rear of Cheam House along with associated cattle and storage sheds through ND Agricultural. Energy Rating: EPC rating to be confirmed.

Investment Analysis

(SY8 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £60,000
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

Bromfield Road, Ludlow, Shropshire
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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
£1,191
Based on a loan of £243,750 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