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44 Comet Drive, Shrewsbury, SY1 4AZ - Image 1
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44 Comet Drive, Shrewsbury, SY1 4AZ

West Midlands

£219,950
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1071 sqft

Description

This semi-detached house presents a promising opportunity for renovation and investment in a well-established residential area. With three bedrooms and ample living space, the property boasts two separate reception rooms that offer flexible usage to accommodate various lifestyles. The kitchen, equipped with both wall and floor units along with integrated appliances, awaits modernization to enhance its functionality. Situated conveniently close to local amenities, including shops and schools, this home allows for easy access to the vibrant town centre. For commuters, the property's location offers quick connections to the Shrewsbury bypass, linking to the M54 motorway and beyond. While the interior requires significant updating, this opens a unique chance for buyers to tailor the space to their preferences. Additionally, there is potential for further expansion of the property subject to obtaining necessary planning consents. The exterior features a tarmacadam driveway facilitating parking and access alongside a rear garden that currently requires attention but holds great promise for landscaping or outdoor use enhancements. This property not only represents a blank canvas for personal customization but also offers long-term investment potential within a sought-after neighborhood. Whether you’re looking to create your dream home or seeking an opportunity in real estate development, this house provides a foundation rich with possibilities.

Investment Analysis

(SY1 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£205/sq ft
Area Average
£265/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£312,727
10% above area average per sq ft
Potential ROI
+4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SY1)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 2.6%
5 year growth: 25.9%
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

44 Comet Drive, Shrewsbury, SY1 4AZ
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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
£806
Based on a loan of £164,962 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