Worst House on the Street Logo
Craven Arms, Shrewsbury Road, SY7 - Image 1
Craven Arms, Shrewsbury Road, SY7 - Image 2
Craven Arms, Shrewsbury Road, SY7 - Image 3
Craven Arms, Shrewsbury Road, SY7 - Image 4
Craven Arms, Shrewsbury Road, SY7 - Image 5
Craven Arms, Shrewsbury Road, SY7 - Image 6
Craven Arms, Shrewsbury Road, SY7 - Image 7
Craven Arms, Shrewsbury Road, SY7 - Image 8

Craven Arms, Shrewsbury Road, SY7

West Midlands

£450,000

Listed on 11/06/2026

Property Details

Bedrooms
15
Type
Detached

Description

This historic Grade II Listed building, formerly known as the Craven Arms Hotel, presents a significant investment opportunity in South Shropshire. With full planning permission already secured for the transformation into 15 self-contained residential apartments, this property is poised for redevelopment. Located at a key junction in Craven Arms town centre, it offers excellent access to local amenities, transport links including Craven Arms Railway Station, and a thriving community. The proposed scheme emphasizes the preservation of the building's architectural integrity while integrating modern living spaces tailored to meet the demand for quality housing in the area. The development plan includes a mix of one- and two-bedroom apartments distributed across three floors, ensuring a diverse offering for potential residents or tenants. Additionally, with ample on-site parking and storage solutions for cycles and refuse, this project is designed to cater to contemporary living needs. Given its strategic location and approved plans, this property is an attractive proposition for developers and investors looking to make their mark in the buoyant housing market of South Shropshire.

Investment Analysis

(SY7 area)
Area Average
£275/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£750,000 - £1,000,000
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
8%
Properties sold annually

Local Market Trend (SY7)

Area prices are rising by +13.3% over the last 12 months
3 year growth: -2.4%
5 year growth: +13.7%
Investment Disclaimer: Analysis based on SY7 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

Craven Arms, Shrewsbury Road, SY7
Loading map...

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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates