2 Bed Terraced House, Single Let, Ludlow, SY8 1XZ, £176,250

24 Dahn Drive, Ludlow, Shropshire, SY8 1XZ - 8 months ago

BTL
53 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

53.08 m²
Price/m²£3.3K/m²

Value Estimate

£165,249

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,063

Stamp Duty & Legal Fees

£6,600

Total Cash In

£50,663

 

 

Cash Out

 

Rent Range

£444 - £895

Rent Estimate

£728

Running Costs/mo

£716

Cashflow/mo

£12

Cashflow/yr

£139

ROI

0%

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 
£195K08/210.04 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
£185K01/240.06 mi45, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£150K04/210.06 mi9, Wheeler Close, Ludlow, Shropshire SY8 1GA2
£200K11/220.07 mi22, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£173K08/210.11 mi48, Vashon Close, Ludlow, Shropshire SY8 1XG2
£181K09/230.11 mi39, Vashon Close, Ludlow, Shropshire SY8 1XG2
£190K05/240.11 mi82, Vashon Close, Ludlow, Shropshire SY8 1XG2
£135K03/230.11 mi16, The Wildings, Ludlow, Shropshire SY8 1EP2
£279.8K01/230.12 miManderley, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£167.5K07/230.12 mi34, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£177K11/230.14 mi120, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£190K11/210.14 mi53, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£173.5K08/230.15 mi26, Riddings Meadow, Ludlow, Shropshire SY8 1EW2
£207K09/230.2 mi24, Baker Close, Ludlow, Shropshire SY8 1XJ2
£187.5K08/210.2 mi17, Baker Close, Ludlow, Shropshire SY8 1XJ2
£175K11/230.2 mi19, Baker Close, Ludlow, Shropshire SY8 1XJ2
£103K10/230.25 mi23, Rock Lane, Ludlow, Shropshire SY8 1ST2
£120K09/220.33 mi35, Rock Lane, Ludlow, Shropshire SY8 1ST2
£125K11/200.37 mi17, Housman Crescent, Ludlow, Shropshire SY8 1SG2
£370K07/230.39 miWheatlands, Henley Road, Ludlow, Shropshire SY8 1QZ2
£178K01/210.39 mi4, Henley Road, Ludlow, Shropshire SY8 1RA2
£150K12/200.39 mi34, Weyman Road, Ludlow, Shropshire SY8 1QJ2
£220K11/220.4 mi9, Langford Close, Ludlow, Shropshire SY8 1UF2
£160K12/210.4 mi29, Langford Close, Ludlow, Shropshire SY8 1UF2
£164K06/210.43 mi9, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£170K11/210.44 mi54, Henley Orchards, Ludlow, Shropshire SY8 1TN2
£230K01/240.45 mi13, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K04/210.45 mi3, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£236K09/230.45 mi7, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£100K09/210.45 mi9, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K06/230.45 mi21, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£177.5K02/230.46 mi6, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£330K03/230.49 mi1, Steventon Gardens, Ludlow, Shropshire SY8 1LF2
£160K11/200.51 mi16, Lime Close, Ludlow, Shropshire SY8 2PP2
£154K02/210.51 mi22, Lime Close, Ludlow, Shropshire SY8 2PP2
£155K05/210.51 mi7, Lime Close, Ludlow, Shropshire SY8 2PP2
£135K05/210.51 mi20, Hopton Close, Ludlow, Shropshire SY8 2PU2
£168K11/220.51 mi26, Hopton Close, Ludlow, Shropshire SY8 2PU2
£135K10/200.51 mi22, Hopton Close, Ludlow, Shropshire SY8 2PU2
£205K04/210.51 mi3, Hopton Close, Ludlow, Shropshire SY8 2PU2
£199.9K09/230.52 mi19, Steventon New Road, Ludlow, Shropshire SY8 1JZ2
£180K01/230.53 mi11, Chapel Row, Ludlow, Shropshire SY8 2NL2
£215K08/220.54 mi6, New Street, Ludlow, Shropshire SY8 2NQ2
£217.1K06/230.54 mi14, Hillside, Ludlow, Shropshire SY8 1RB2
£210K05/240.55 mi6, Sycamore Close, Ludlow, Shropshire SY8 2PE2
£180K03/210.55 mi6, Sycamore Close, Ludlow, Shropshire SY8 2PE2

Local Rents

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

RentDateDistanceAddressBeds 
£79509/240.04 miSt Margarets Road, Ludlow2
£79509/240.06 miSt Margaret Road, Ludlow, Shropshire2
£77511/240.1 mi-2
£70009/240.12 mi-2
£80009/240.12 mi-2
£44409/240.28 mi-2
£50102/250.28 mi-2
£77512/240.56 mi-2
£77512/240.56 mi-2
£89509/240.6 miLower Galdeford, Ludlow2
£80009/240.64 miStanton Road, Ludlow2
£80009/240.7 mi-2
£80012/240.7 mi-2
£70009/240.78 miBroad Street, Ludlow, Shropshire2
£80012/240.81 mi-2
£80012/240.81 mi-2
£80009/240.82 mi-2
£80009/240.82 mi-2
£77505/240.83 mi-2

Local Area Statistics

Population in SY8

18,854

Town centre distance

0.60 miles away

Nearest school

0.10 miles away

Nearest train station

0.60 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £176,250

February 4, 2025

Listed for £180,000

August 23, 2024

Sold for £132,500

2016

Sold for £59,975

2005

Sold for £30,875

2002

Floor Plans

Description

  • Well Maintained Mid Terrace House +
  • 2 Bedrooms +
  • Good Size Living Room +
  • Enclosed Rear Garden +
  • Off Road Parking +
  • Popular Residential Location +
  • 1 Mile Walk to Ludlow Town Centre +
  • EPC TBC +

ATTENTION - First time buyers and buy to let investors... this could be the property for you! This charming 2 bedroom mid-terrace house located in a popular residential area of Ludlow is available for viewings now.

Key Features - - Well Maintained Mid Terrace House
- 2 Bedrooms
- Good Size Living Room
- Enclosed Rear Garden
- Off Road Parking
- Popular Residential Location
- 1 Mile Walk to Ludlow Town Centre
- EPC C

The Property - 24 Dahn Drive is situated in a popular residential area, just one mile from Ludlow's historic and bustling town centre. This well maintained, mid terrace, 2 bedroom property offers off road parking and a good size rear garden.

When entering the property you are greeted by the entrance hall which has a useful W.C to the right, followed by a staircase leading to the first floor, and to your left is the kitchen. The kitchen is fitted with a range of wall and base units with an integrated electric oven and gas hob, with space for a fridge freezer and plumbing for a washing machine. Directly in front of you from the hallway, is the living room which benefits from patio doors leading out to the enclosed rear garden, creating a lovely light space. On the first floor, there are two bedrooms, with the front bedroom benefiting from a built in double wardrobe. There is further storage located on the landing with a useful airing cupboard and there is also generous attic space. Completing the internal accommodation is the bathroom which has a white suite comprising a wash basin, W.C and panelled bath with a mains shower over.

Outside, to the front of the property, there is an allocated off road parking space, and to the rear is an enclosed garden that has well defined fenced borders. The rear garden has a patio area which creates a lovely space to entertain guests and has a raised lawn with flowered beds and shrubs. Overall, number 24 could be an ideal dwelling for a variety of buyer types including first time buyers looking to make that all important first step onto the property ladder, or a buy to let investor looking to acquire a great property.

The Location - The quintessential British town of Ludlow is a throwback to the days gone by. You can’t help but fall in love with the friendly welcoming townsfolk and the laid back lifestyle which feels a million miles away from the hustle and bustle of the big city. That’s not to say that Ludlow is a quiet little backwater, far from it. Hosting the famous Ludlow Food and Drink Festival, Ludlow Spring Festival, May Fair, Ludlow Fringe, Green Fair and the Medieval Christmas Fayre there are events to keep you entertained all year round. There are also countless antique and local produce markets and book, craft and garden fairs. For sport lovers days out at Ludlow Racecourse, Golf Course, Rugby, Cricket, Tennis, Bowling or Football Clubs could await. Then there’s the spectacular architecture and countryside that you’ll never grow tired of admiring. Ludlow has to be one of the most perfect places to reside in Britain. The county town of Shrewsbury is approximately 28 miles north and the Cathedral City of Hereford is 24 miles south. Both are easily accessible by the mainline rail that runs a frequent service to Manchester, Holyhead and Cardiff from Ludlow station.

Tenure - We are informed the property is of freehold tenure.

Council Tax - Shropshire Council - Band B

Heating - The property has the benefit of gas fired central heating.

Services - We are informed the property is connected to all mains services.

Broadband - Enquiries via British Telecom indicates the property has an estimated fibre broadband speed of 900MB. Interested parties are advised to make their own enquiries via BT or their own broadband provider.

Nearest Towns/Cities - Leominster - 12 miles
Tenbury Wells - 10.5 miles
Church Stretton - 16.5 miles
Hereford - 24 miles
Kidderminster - 23 miles
Shrewsbury - 28 miles

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.

Money Laundering Regulations - In order to comply with current legislation, we are required to carry out Anti-Money Laundering checks on all prospective purchasers verifying the customer’s identity. A company called Credit Safe provide Anti Money Laundering compliance reports for us, the cost of which is to be covered by prospective purchasers. At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £29.95 +VAT (£35.94 inc. VAT) per purchaser in order for us to carry out our due diligence.

Consumer Protection - Consumer protection from unfair trading regulations 2008 - Holters for themselves and for the vendors or lessors of this property whose agents they are give notice that: 1. These particulars are set out as a general outline only for the guidance of intended purchasers or lessors and do not constitute part of an offer or contract. 2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each term of them. 3. The vendors or lessors do not make or give, and neither do Holters for themselves nor any person in their employment have any authority to make or give any representation or warranty whatever in relation to this property.

Agent Details

Holters Estate Agents, Shropshire

01584 701988

Next Steps?

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