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College Hill, Shrewsbury

West Midlands

£450,000

Listed on 03/06/2026

Property details

Bedrooms
4
Type
Town House
Area
2817 sqft

Description

Located in the vibrant town centre, this Grade II listed Georgian townhouse presents a compelling opportunity for renovation and investment. Spanning four floors, the property features a wealth of original charm alongside practical living spaces that can be tailored to modern needs. It includes a delightful private courtyard garden, ideal for outdoor enjoyment or potential landscaping enhancements. Key elements of this home include: - A striking entrance hall showcasing decorative tiled flooring, leading to various living areas and a staircase that enhances the home's vertical space. - An expansive living room with an attractive fireplace and wood burning stove, seamlessly connecting to a separate dining room filled with natural light from two elevations. - A kitchen/breakfast room ready for updating, featuring existing fitted units and space for appliances, along with a utility room for added convenience. - A ground floor study complete with built-in storage and an open fireplace, offering potential for reconfiguration. - The first floor accommodates three spacious double bedrooms with built-in wardrobes and a well-appointed family bathroom, presenting options to create en-suites or additional storage. - The second floor comprises another double bedroom paired with an adaptable sitting room or additional sleep space. - A sizable cellar with excellent storage capability could also be converted into further living accommodation if desired. - Outside, the courtyard garden awaits your creative enhancement, alongside brick-built storage suitable for workshop or office conversion. Recent maintenance has preserved many original features while providing updates crucial to safeguarding the structure's integrity. Improvements such as lime-based re-rendering and comprehensive external restoration signal that the property is ready for its next chapter without requiring extensive initial work. Tucked away on a picturesque street in one of the town’s most historic areas, it’s just moments from key amenities like shopping districts and scenic riverside walks. The property comes vacant and chain-free, making it an ideal candidate for those looking to invest in a unique residence with character.

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Investment analysis

(SY1 area)

Below Market Value

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

-40.4%
Potential saving
This Property
£160/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £75,000
Target Value
£831,226
10% above area average per sq ft
Potential ROI
+58.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SY1)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +4.0%
5 year growth: +17.4%
Investment Disclaimer: Analysis based on SY1 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

College Hill, Shrewsbury
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% 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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