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Lower Backway, Shrewton SP3 4EP

South West

£625,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1227 sqft

Description

This detached house presents a significant opportunity for those looking to invest in a family residence in a desirable village. The property sits on a spacious plot and is in need of some modernization, making it an excellent project for new owners to tailor the space to their preferences. Inside, the sitting room features a wood burner, contributing to a cozy atmosphere. There is also a separate dining room that opens to the rear garden, along with a kitchen that flows into a breakfast area and utility room for added convenience. Upstairs offers four generously sized bedrooms and a contemporary shower room. The large rear garden provides ample outdoor space suitable for various activities or gardening projects. At the front, there is adequate parking along with a double garage, catering well for families and guests alike. Located in the attractive village of Shrewton, the property is near scenic countryside walks and the River Till. Available with no onward chain, this home warrants a viewing to fully appreciate its potential.

Investment Analysis

(SP3 area)

Above Market Value

This property is priced +42.9% above area average per sq ft

+42.9%
This Property
£509/sq ft
Area Average
£357/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£481,236
10% above area average per sq ft
Potential ROI
-28.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SP3)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -2.8%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on SP3 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

Lower Backway, Shrewton SP3 4EP
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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
£2,214
Based on a loan of £468,750 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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