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Lacy Road, Ludlow, Shropshire, SY8 - Image 1
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Lacy Road, Ludlow, Shropshire, SY8

West Midlands

£100,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
737 sqft

Description

This terraced house features three bedrooms and is situated in a town that offers scenic views of surrounding countryside. The property is available for public auction, presenting a unique opportunity for investors or homebuyers looking to remodel and personalize their living space. Modernization is required throughout, allowing for customization to suit individual tastes. Its location provides convenient access to local amenities in Ludlow, making it an appealing prospect for those seeking potential in a vibrant area. This property will be sold with no onward chain, facilitating a smooth transaction.

Investment Analysis

(SY8 area)

Below Market Value

This property is priced -53.3% below area average per sq ft

-53.3%
Potential saving
This Property
£136/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£235,306
10% above area average per sq ft
Potential ROI
+68.1%
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

Lacy Road, Ludlow, Shropshire, SY8
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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
£366
Based on a loan of £75,000 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