4 Bed Detached House, Single Let, Ludlow, SY8 4EQ, £895,000

Richards Castle, Ludlow, Shropshire, SY8 4EQ - a year ago

BTL
~129 m²
+30 photos

ValuationOvervalued

Sold Prices£242.2K - £1.1M
Sold Prices/m²£2.4K/m² - £3.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.9K/m²

Value Estimate

£404,383

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£223,750

Stamp Duty & Legal Fees

£60,300

Total Cash In

£284,050

 

 

Cash Out

 

Rent Range

£595 - £595

Rent Estimate

£595

Running Costs/mo

£2,936

Cashflow/mo

£-2,341

Cashflow/yr

£-28,090

Gross Yield

1%

Local Sold Prices

15 sold prices from £242.2K to £1.1M, average is £420K. £2.4K/m² to £3.8K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£242.2K10/211.69 miAbrahams Bossom, Station Road, Woofferton, Ludlow, Shropshire SY8 4AW4
£671K10/231.85 miMontrose, Green Lane, Orleton, Ludlow, Herefordshire SY8 4JE4
£380K03/211.85 miCrofters Medley, Green Lane, Orleton, Ludlow, Herefordshire SY8 4JE4
£350K02/211.87 mi5, Ashley Walk, Orleton, Ludlow, Herefordshire SY8 4HD4
£530K09/211.9 miFairfield Bungalow, Millbrook Way, Orleton, Ludlow, Herefordshire SY8 4HW4
£780K08/212.14 miMile End, Overton Road, Ludlow, Shropshire SY8 4AA4
£525K03/212.14 miThe Tudor House, Wyson, Brimfield, Ludlow, Herefordshire SY8 4NN4
£325K09/232.21 mi2, Field View Cottages, Brimfield, Ludlow, Herefordshire SY8 4LB4
£294K01/212.37 mi12, Marcle Orchard, Brimfield, Ludlow, Herefordshire SY8 4PD4
£307.5K05/212.37 mi4, Marcle Orchard, Brimfield, Ludlow, Herefordshire SY8 4PD4
£420K12/202.82 miWaterford, Temeside, Ludlow, Shropshire SY8 1PB4
£670K06/212.83 mi15, Dinham, Ludlow, Shropshire SY8 1EJ4
£1.1M11/222.84 mi44, Mill Street, Ludlow, Shropshire SY8 1BB4
£282.5K01/242.91 mi6, Jockey Field, Ludlow, Shropshire SY8 1PU4
£482.5K03/212.93 mi21, Broad Street, Ludlow, Shropshire SY8 1NG4

Local Rents

1 rents from £595/mo to £595/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£59509/241.82 miGreen Lane, Orleton, Ludlow, Shropshire1

Local Area Statistics

Population in SY8

18,854

Town centre distance

2.98 miles away

Nearest school

0.90 miles away

Nearest train station

3.22 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £895,000

May 21, 2024

Floor Plans

Description

  • Entrance Hall +
  • Kitchen /Breakfast/sitting room +
  • Snug +
  • Orangery +
  • Utility Room +
  • Study +
  • Four bedrooms (one En-suite) +
  • Large Garage +
  • About 1.2 acres +

A superbly spacious and modern detached four-bedroom property with exceptional views and a large garden.

The Property
School Cottage is an immaculately presented property situated on the edge of the village of Richards Castle. The property offers generous accommodation throughout to create a wonderful 4- bedroom family home . Particularly impressive are the size of the rooms, from the large hallway, spacious kitchen, dining and living space to the four double bedrooms.

Warm water underfloor heating runs throughout the ground floor. The kitchen is fitted with units, a Rangemaster electric cooker, dishwasher, built-in fridge and freezer, microwave and Belfast sink. The large island offers storage and a breakfast bar. Bi-folding glass doors fully open onto the terrace. All the windows in the kitchen/ding/living area are fitted with Sanderson shutters and the sitting area has a Clearview log burner. The snug, which has a Clearview log burner, opens into the Orangery. The Orangery has a lantern skylight, electric underfloor heating and a heating /aircon unit. French doors provide access to the garden. The study is fitted with bookshelves and storage. There is a WC on the ground floor. The utility room has a tiled floor, fitted with units, a sink, built-in cupboard space and room for a washing machine and dryer.

The first floor has high ceilings throughout and comprises four bedrooms and a family bathroom. The master bedroom, which offers wonderful views over the countryside, has built-in wardrobes, a dressing area and en- suite. The other three bedrooms benefit from far-reaching views and two of these have built-in storage. The spacious family bathroom is fitted with a clawfoot bathtub and a large walk-in shower.

Outside
School Cottage is situated in a plot of around 1.2 acres. The garden is mainly lawn but offers a wonderful terrace surrounded by pretty borders which is a perfect area for al- fresco dining. The gravelled driveway provides ample space for parking and leads to the double garage, which has electric wooden doors and space for 2 large cars and ride-on lawn mower. The garage has a first floor providing space for an additional workshop, home office, or studio.

Situation
School Cottage sits on the edge of the idyllic rural village of Richards Castle which has a public house, village hall and a thriving and active community on the Shropshire Herefordshire border. A short distance away the vibrant market town of Ludlow offers all of the day-to-day amenities required, including supermarkets, pubs, restaurants and much more. For a wider shopping experience Shrewsbury can be reached at around 28 miles away. The A49 is a short distance connecting to the wider motorway network. There are a number of good schools in the area, both private and state with Moor Park prep being just a two-minute drive from the house.

Directions: From Ludlow, head South across Ludford Bridge and continue for about a mile. Turn right signposted for Richards Castle and continue on this road for around 2 miles proceeding to Richards Castle and find the property on the left hand side.

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Local Authority: Shropshire Council.

Services: Mains electric and water. Septic tank. LPG Gas central heating.

Council Tax: Band D

Wayleaves, easements and rights of way: The property will be sold subject to and with the benefits of all wayleaves, easements and rights of way, whether mentioned in these sales particulars or not.

Agent Details

Mark Wiggin Estate Agents, Ludlow

01584 817977

Next Steps?

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