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Bishops Castle

West Midlands

£700,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
3520 sqft

Description

Heath House is a three-bedroom detached residence nestled in the serene Shropshire countryside, offering stunning views of the Long Mynd. This property presents a unique opportunity for those looking to invest in a home with significant renovation potential. The house is approached via a tranquil country lane and features a generous gravel driveway that accommodates ample parking while providing access to various outbuildings and expansive grounds. Upon entering, you'll find an entrance hall adorned with quarry tiled flooring. To one side lies a cozy sitting room with charming wood-panelled walls and an inviting open-grate fireplace—a perfect focal point for relaxation. On the opposite side, the kitchen/breakfast room boasts double aspect windows that fill the space with natural light, as well as integrated appliances including an induction hob and traditional Stanley Range. It leads to a large conservatory that offers versatility and picturesque views of the garden. The property includes a family room with a wood-burning stove and kitchenette area, which provides direct access to both the kitchen garden and stable yard. A nearby shower room adds practicality to this area. On the first floor, three spacious double bedrooms are available, all featuring built-in storage; two rooms come equipped with fitted wardrobes. The family bathroom encompasses essential amenities, making this residence ready for immediate occupancy yet ripe for modern updates. Externally, Heath House offers rare potential for hobbyists or small business ventures due to its extensive outbuildings. A substantial barn with multiple storage areas has promising possibilities for conversion into living spaces or holiday lets (subject to planning permission). Additionally, an adjoining lean-to fitted with power enhances its versatility further. The grounds are beautifully maintained, showcasing lawned areas and a tranquil natural pool—an idyllic outdoor setting ideal for leisure or additional development opportunities. This property benefits from private septic tank drainage, an air source heat pump system for water heating, and solar panels equipped with batteries alongside mains electricity—a solid foundation on which future enhancements can build.

Investment Analysis

(SY9 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£199/sq ft
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£1,052,410
10% above area average per sq ft
Potential ROI
+38.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SY9)

Area prices are falling by -100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on SY9 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

Bishops Castle
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,479
Based on a loan of £525,000 over 30 years at 3.91% 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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