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Park Lane, Craven Arms, Shropshire

West Midlands

£495,000

Listed on 07/11/2025

Property details

Bedrooms
3
Type
Detached
Area
1238 sqft

Description

This spacious three-bedroom detached cottage offers an excellent opportunity for refurbishment in a picturesque rural setting. Nestled within 2.47 acres of land, the property features mature gardens and a variety of outbuildings, enhancing its potential for both personal enjoyment and future investment. The surrounding views of open farmland and nearby woodlands provide a serene backdrop, while the property’s location near Craven Arms ensures easy access to local amenities and transport links. The interior layout includes a welcoming porch that leads into a bright kitchen/dining area, which comes equipped with essential units and space for appliances, yet could benefit from modernisation to enhance functionality. A comfortable living room offers additional space for relaxation, though updates may be needed for contemporary standards. Upstairs, three bedrooms present ample room for improvement; the main bedroom is generously sized with attractive views, while the second double bedroom is well-lit and suitable for guests or family. The third bedroom presents versatility as either a children's room or home office. Externally, mature hedgerows provide privacy along the gravel driveway that offers plentiful parking. With two cellars available for storage or conversion opportunities, and diverse outdoor spaces including established gardens and paddock areas complete with stables, this property invites creative renovation ideas ranging from landscaping to full interior refurbishments.

Investment analysis

(SY7 area)

Above Market Value

This property is priced +45.6% above area average per sq ft

+45.6%
This Property
£400/sq ft
Area Average
£275/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£373,882
10% above area average per sq ft
Potential ROI
-35.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY7)

Area prices are rising by +6.0% over the last 12 months
3 year growth: -8.7%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on SY7 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

Park Lane, Craven Arms, Shropshire
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-5.7% since listed
£495,000£30,000(-5.7%)
13/03/2026
Current price
£525,000Initial listing
10/11/2025

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