2 Bed Terraced House, Single Let, Ludlow, SY8 1XN, £185,000

St. Margaret Road, Ludlow, Shropshire, SY8 1XN - a year ago

BTL
~55 m²
+4 photos

ValuationOvervalued

Sold Prices£100K - £370K
Sold Prices/m²£1.1K/m² - £5.7K/m²

 

 

Square Metres

~54.60 m²
Price/m²£3.4K/m²

Value Estimate

£172,228

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Total Cash In

£56,700

 

 

Cash Out

 

Rent Range

£444 - £895

Rent Estimate

£700

Running Costs/mo

£738

Cashflow/mo

£-38

Cashflow/yr

£-457

Gross Yield

5%

Local Sold Prices

50 sold prices from £100K to £370K, average is £177.3K. £1.1K/m² to £5.7K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£185K01/240.03 mi45, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£200K11/220.04 mi22, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£195K08/210.05 mi9, Clee View Close, Ludlow, Shropshire SY8 1TH2
£180K04/230.06 mi6, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£185K02/240.06 mi8, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£165K03/230.06 mi18, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£175K10/230.06 mi17, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£150K04/210.09 mi9, Wheeler Close, Ludlow, Shropshire SY8 1GA2
£173K08/210.1 mi48, Vashon Close, Ludlow, Shropshire SY8 1XG2
£181K09/230.1 mi39, Vashon Close, Ludlow, Shropshire SY8 1XG2
£190K05/240.1 mi82, Vashon Close, Ludlow, Shropshire SY8 1XG2
£135K03/230.13 mi16, The Wildings, Ludlow, Shropshire SY8 1EP2
£167.5K07/230.15 mi34, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£279.8K01/230.15 miManderley, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£177K11/230.15 mi120, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£190K11/210.15 mi53, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£173.5K08/230.17 mi26, Riddings Meadow, Ludlow, Shropshire SY8 1EW2
£207K09/230.17 mi24, Baker Close, Ludlow, Shropshire SY8 1XJ2
£187.5K08/210.17 mi17, Baker Close, Ludlow, Shropshire SY8 1XJ2
£175K11/230.17 mi19, Baker Close, Ludlow, Shropshire SY8 1XJ2
£103K10/230.27 mi23, Rock Lane, Ludlow, Shropshire SY8 1ST2
£120K09/220.35 mi35, Rock Lane, Ludlow, Shropshire SY8 1ST2
£125K11/200.39 mi17, Housman Crescent, Ludlow, Shropshire SY8 1SG2
£220K11/220.39 mi9, Langford Close, Ludlow, Shropshire SY8 1UF2
£160K12/210.4 mi29, Langford Close, Ludlow, Shropshire SY8 1UF2
£150K12/200.4 mi34, Weyman Road, Ludlow, Shropshire SY8 1QJ2
£370K07/230.41 miWheatlands, Henley Road, Ludlow, Shropshire SY8 1QZ2
£178K01/210.41 mi4, Henley Road, Ludlow, Shropshire SY8 1RA2
£164K06/210.42 mi9, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£177.5K02/230.45 mi6, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£230K01/240.46 mi13, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K04/210.46 mi3, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£236K09/230.46 mi7, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£100K09/210.46 mi9, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K06/230.46 mi21, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£170K11/210.46 mi54, Henley Orchards, Ludlow, Shropshire SY8 1TN2
£330K03/230.51 mi1, Steventon Gardens, Ludlow, Shropshire SY8 1LF2
£160K11/200.52 mi16, Lime Close, Ludlow, Shropshire SY8 2PP2
£154K02/210.52 mi22, Lime Close, Ludlow, Shropshire SY8 2PP2
£155K05/210.52 mi7, Lime Close, Ludlow, Shropshire SY8 2PP2
£135K05/210.52 mi20, Hopton Close, Ludlow, Shropshire SY8 2PU2
£168K11/220.52 mi26, Hopton Close, Ludlow, Shropshire SY8 2PU2
£135K10/200.52 mi22, Hopton Close, Ludlow, Shropshire SY8 2PU2
£205K04/210.52 mi3, Hopton Close, Ludlow, Shropshire SY8 2PU2
£199.9K09/230.53 mi19, Steventon New Road, Ludlow, Shropshire SY8 1JZ2
£180K01/230.55 mi11, Chapel Row, Ludlow, Shropshire SY8 2NL2
£270K03/230.56 mi14, Greenacres, Ludlow, Shropshire SY8 1LU2
£215K08/220.56 mi6, New Street, Ludlow, Shropshire SY8 2NQ2
£217.1K06/230.57 mi14, Hillside, Ludlow, Shropshire SY8 1RB2
£180K03/210.57 mi6, Sycamore Close, Ludlow, Shropshire SY8 2PE2

Local Rents

19 rents from £444/mo to £895/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£79509/240.02 miSt Margarets Road, Ludlow2
£79509/240.05 miSt Margaret Road, Ludlow, Shropshire2
£77511/240.1 mi-2
£70009/240.14 mi-2
£80009/240.14 mi-2
£44409/240.3 mi-2
£50102/250.3 mi-2
£77512/240.58 mi-2
£77512/240.58 mi-2
£89509/240.62 miLower Galdeford, Ludlow2
£80009/240.65 miStanton Road, Ludlow2
£80009/240.73 mi-2
£80012/240.73 mi-2
£70009/240.81 miBroad Street, Ludlow, Shropshire2
£77505/240.81 mi-2
£80012/240.83 mi-2
£80012/240.83 mi-2
£80009/240.84 mi-2
£80009/240.84 mi-2

Local Area Statistics

Population in SY8

18,854

Town centre distance

0.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.63 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £185,000

March 28, 2025

Price changed to £189,950

February 8, 2025

Listed for £195,000

May 9, 2024

Floor Plans

Description

Tucked away on a private drive this modern terraced home is available with no upward chain. Gas central heating and UPVC double glazing. Two parking spaces and enclosed rear gardens. EPC C.

Agent Details

McCartneys LLP, Ludlow

01584 708413

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪