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Callow Lane, Shrewsbury, SY5 0

West Midlands

£295,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1720 sqft

Description

This spacious three-bedroom detached property located on Callow Lane in Shrewsbury presents a unique opportunity for renovation enthusiasts and investors. With no onward chain, you can seize this chance to transform a character-rich home into a modern masterpiece. Situated in the desirable SY5 postcode, the semi-rural setting offers a perfect blend of tranquility and accessibility, ensuring continued interest from future buyers and tenants alike.

Spanning approximately 1,720 sq ft and including multiple outbuildings, the property is designed for flexible living. The ground floor features a large living room adorned with exposed beams that captures the essence of period charm, creating an ideal foundation for refurbishment. Adjacent to this is a generously sized kitchen and dining area that could be easily reconfigured into an open-plan layout, supplemented by a utility space and an additional shower room for increased convenience.

The home includes two bedrooms on the ground floor along with a family bathroom, providing versatile accommodation options. The first-floor principal bedroom boasts vaulted ceilings and ample space, offering significant potential to craft an upscale master suite that would enhance overall property value.

Externally, the large plot offers extensive driveway parking alongside ample garden space—perfect for families or potential landscaping projects. The presence of various outbuildings adds another layer of possibility; they could be converted into home offices or even separate rental units with appropriate permissions. The expansive outdoor areas also provide opportunities for extension or redesign.

Although the property requires modernisation throughout, it stands as a rare find: a detached home rich in character set within substantial grounds, presenting numerous avenues to add value in one of the region's most sought-after locales.

Investment Analysis

(SY5 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£172/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£271
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£544,612
10% above area average per sq ft
Potential ROI
+41.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SY5)

Area prices are falling by -7.2% over the last 12 months
3 year growth: -13.7%
5 year growth: -1.3%
Investment Disclaimer: Analysis based on SY5 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

Callow Lane, Shrewsbury, SY5 0
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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
£1,045
Based on a loan of £221,250 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.

Stamp Duty Calculator

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