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Larkhill Road, Shrewsbury, SY3

West Midlands

£425,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1832 sqft

Description

This detached residence presents a promising opportunity for those looking to invest in a property with considerable potential for modernisation. Nestled in one of Shrewsbury's desirable neighbourhoods, this home is perfect for families aiming to establish their roots while having the chance to tailor the living spaces to their taste and preferences. The entrance opens into a spacious hallway that leads to an expansive living room, designed for comfort and natural light. The adjoining conservatory enhances the connection to the private garden, creating a serene space ideal for relaxation or entertaining guests. The kitchen and dining area, positioned at the rear of the house, is ripe for transformation into a contemporary open-plan layout that could serve as a vibrant hub for family gatherings. With some creativity, these communal areas can be revitalised to match modern lifestyle needs. Upstairs, four roomy bedrooms offer flexibility in use—whether that’s accommodating growing children or setting up a home office. The family bathroom has been updated fairly recently and maintains a modern aesthetic. The generous outdoor space is another highlight, presenting an expansive rear garden that offers privacy and potential for landscaping or even extensions (subject to permissions). With driveway parking leading directly into an integral garage, this property combines convenience with ample storage options. Situated in a community-rich area close to schools and local amenities, this property offers not just a home but an investment opportunity with significant scope—making it ideal for those ready to enhance its charm and functionality over time.

Investment Analysis

(SY3 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£232/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£636,098
10% above area average per sq ft
Potential ROI
+36.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (SY3)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +7.3%
5 year growth: +24.3%
Investment Disclaimer: Analysis based on SY3 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

Larkhill Road, Shrewsbury, SY3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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