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Coreley, Ludlow

West Midlands

£240,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1164 sqft

Description

This charming two-bedroom semi-detached cottage offers considerable renovation potential and the opportunity for extension, pending necessary permissions. Nestled in a sought-after rural village on the slopes of Clee Hill, the property boasts a generous garden and an open-fronted carport. Inside, the characterful layout includes a welcoming porch that leads into a living room adorned with traditional stone features, ceiling beams, and an impressive inglenook fireplace complete with a woodburning stove. The dining room maintains its rustic charm with timber accents and a front-facing window. The sizeable kitchen/breakfast area features rear windows, a range of matching units, and ample space for dining furniture. A large bathroom includes both a white suite and separate shower cubicle plus an additional side porch with utility space. Upstairs, the landing connects to two good-sized double bedrooms, where one includes an airing cupboard. The approach is via a shared driveway leading to the spacious rear garden which is primarily laid to lawn and complemented by mature trees and a shed. With mains electric and water connections as well as private drainage, this property presents an exciting investment opportunity for those looking to create their ideal home in a tranquil setting.

Investment Analysis

(SY8 area)

Below Market Value

This property is priced -29.0% below area average per sq ft

-29.0%
Potential saving
This Property
£206/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£371,636
10% above area average per sq ft
Potential ROI
+28.2%
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

Coreley, Ludlow
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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
£879
Based on a loan of £180,000 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