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Linnet Close, Shrewsbury, SY1 - Image 1
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Linnet Close, Shrewsbury, SY1 - Image 4
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Linnet Close, Shrewsbury, SY1

West Midlands

£329,950
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1192 sqft

Description

This detached three-bedroom property offers an exciting opportunity for those looking to invest in a home with significant renovation potential. Nestled in a sought-after area of Shrewsbury, the location is ideal for families seeking both comfort and convenience. As you approach the home, you are greeted by a front garden and a spacious driveway that provides ample off-road parking—a valuable asset in this friendly neighborhood. The entrance porch opens into a light-filled living room featuring a large window that overlooks the garden, enhancing the space with natural light. A fireplace adds character to this room, while a staircase leads to the upper floor. Adjacent to the living room is a dining area that has enough space for family furnishings and offers direct access through patio doors to the private rear garden. The kitchen comes equipped with base and wall units, providing a functional layout, along with extensive worktop space. It conveniently connects to a utility area and WC, as well as an integral garage that currently serves as storage but holds potential for conversion into additional living space with appropriate planning permissions. Upstairs, you'll find three generously sized bedrooms—all fully carpeted and designed to maximize natural light through their large windows. The family bathroom includes essential amenities such as a WC, vanity sink unit, and bath with an overhead shower. The rear garden is well-maintained, featuring both patio and lawn areas alongside herbaceous borders and shrubs—perfect for creating your own outdoor retreat or entertaining space. Located close to local amenities—including shops, hospitals, and transport links—this property not only embodies the charm of historic Shrewsbury but also provides easy access to its beautiful riverside walks, nature reserves, parks, boutique shops, restaurants, cafes, and reputable schools. This blend of features makes it an appealing choice for those looking to create their dream home or explore investment opportunities in this thriving community.

Investment Analysis

(SY1 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£277/sq ft
Area Average
£265/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£348,058
10% above area average per sq ft
Potential ROI
-0.5%
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

Linnet Close, Shrewsbury, SY1
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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
£1,209
Based on a loan of £247,462 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