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Quarry Gardens, Ludlow, Shropshire

West Midlands

£215,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
929 sqft

Description

This end-terraced home presents a unique opportunity for renovation and investment, ideally positioned to take advantage of its elevated views over the surrounding countryside. With an established history as a rental property, it is now ready for a new owner to reimagine its interiors and enhance its appeal. The layout features an entrance hall leading to a utility area with functional base units and a stainless steel sink. The kitchen is equipped with a decent range of both wall and base units, offering ample workspace, while the living room provides a comfortable space that can be customized to fit modern tastes. Ascending the staircase, you will find three bedrooms that offer versatility in use, whether for family living or as rental spaces. The bathroom includes essential fixtures such as a panelled bath with an overhead shower and a low flush WC, presenting solid foundations for updates. Externally, the property boasts low-maintenance gardens primarily laid to paving, allowing for easy upkeep while providing some greenery through established shrubs. Additionally, there is the benefit of a single garage located at the rear of the property, perfect for storage or potential workshop space. Located within close proximity to town center amenities, this home is ripe for investment. With no restrictive covenants noted, future owners have flexibility in their renovation plans. This property truly invites creativity and offers promising potential for those looking to invest in an area with strong rental demand or simply create their personal haven.

Investment Analysis

(SY8 area)

Below Market Value

This property is priced -20.3% below area average per sq ft

-20.3%
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
£15,000 - £25,000
Target Value
£296,606
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Quarry Gardens, 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
£788
Based on a loan of £161,250 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