2 Bed Terraced House, Single Let, Ludlow, SY8 1EW, £175,000

28 Riddings Meadow, Ludlow, Shropshire, SY8 1EW - 6 months ago

Sold STC
BTL
60 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

60 m²
Price/m²£2.9K/m²

Value Estimate

£196,007
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£444 - £895

Rent Estimate

£709

Running Costs/mo

£709

Cashflow/mo

£0

Cashflow/yr

£4

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £100K to £370K, average is £180.5K. £1.1K/m² to £5.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£173.5K08/230.01 mi26, Riddings Meadow, Ludlow, Shropshire SY8 1EW2
£135K03/230.03 mi16, The Wildings, Ludlow, Shropshire SY8 1EP2
£177K11/230.05 mi120, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£190K11/210.05 mi53, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£279.8K01/230.09 miManderley, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£180K04/230.1 mi6, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£185K02/240.1 mi8, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£165K03/230.1 mi18, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£175K10/230.1 mi17, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£103K10/230.12 mi23, Rock Lane, Ludlow, Shropshire SY8 1ST2
£173K08/210.13 mi48, Vashon Close, Ludlow, Shropshire SY8 1XG2
£181K09/230.13 mi39, Vashon Close, Ludlow, Shropshire SY8 1XG2
£190K05/240.13 mi82, Vashon Close, Ludlow, Shropshire SY8 1XG2
£150K04/210.13 mi9, Wheeler Close, Ludlow, Shropshire SY8 1GA2
£167.5K07/230.17 mi34, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£195K08/210.17 mi9, Clee View Close, Ludlow, Shropshire SY8 1TH2
£185K01/240.19 mi45, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£120K09/220.2 mi35, Rock Lane, Ludlow, Shropshire SY8 1ST2
£200K11/220.2 mi22, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£125K11/200.23 mi17, Housman Crescent, Ludlow, Shropshire SY8 1SG2
£207K09/230.25 mi24, Baker Close, Ludlow, Shropshire SY8 1XJ2
£187.5K08/210.25 mi17, Baker Close, Ludlow, Shropshire SY8 1XJ2
£175K11/230.25 mi19, Baker Close, Ludlow, Shropshire SY8 1XJ2
£220K11/220.34 mi9, Langford Close, Ludlow, Shropshire SY8 1UF2
£230K01/240.34 mi13, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K04/210.34 mi3, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£236K09/230.34 mi7, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£100K09/210.34 mi9, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K06/230.34 mi21, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£160K12/210.34 mi29, Langford Close, Ludlow, Shropshire SY8 1UF2
£330K03/230.35 mi1, Steventon Gardens, Ludlow, Shropshire SY8 1LF2
£164K06/210.36 mi9, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£199.9K09/230.39 mi19, Steventon New Road, Ludlow, Shropshire SY8 1JZ2
£177.5K02/230.39 mi6, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£178K01/210.4 mi4, Henley Road, Ludlow, Shropshire SY8 1RA2
£370K07/230.42 miWheatlands, Henley Road, Ludlow, Shropshire SY8 1QZ2
£230K08/230.46 mi1, Coles Meadow, Ludlow, Shropshire SY8 1JX2
£270K03/230.46 mi14, Greenacres, Ludlow, Shropshire SY8 1LU2
£150K12/200.47 mi34, Weyman Road, Ludlow, Shropshire SY8 1QJ2
£195K07/210.48 mi1, Warrington Gardens, Ludlow, Shropshire SY8 1RP2
£217.1K06/230.49 mi14, Hillside, Ludlow, Shropshire SY8 1RB2
£170K11/210.5 mi54, Henley Orchards, Ludlow, Shropshire SY8 1TN2
£200K06/210.5 mi80, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£215.3K09/230.51 mi81, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£267.5K06/230.51 mi95, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£230K12/200.51 mi104, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£180K01/230.52 mi11, Chapel Row, Ludlow, Shropshire SY8 2NL2
£215K08/220.53 mi6, New Street, Ludlow, Shropshire SY8 2NQ2
£160K11/200.56 mi16, Lime Close, Ludlow, Shropshire SY8 2PP2
£154K02/210.56 mi22, Lime Close, Ludlow, Shropshire SY8 2PP2

Local Rents

12 rents from £444/mo to £895/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£70009/240.02 mi-2
£80009/240.02 mi-2
£77511/240.12 mi-2
£44409/240.14 mi-2
£50102/250.14 mi-2
£79509/240.18 miSt Margarets Road, Ludlow2
£79509/240.21 miSt Margaret Road, Ludlow, Shropshire2
£89509/240.48 miLower Galdeford, Ludlow2
£80009/240.61 mi-2
£80012/240.61 mi-2
£77512/240.62 mi-2
£77512/240.62 mi-2

Local Area Statistics

Population in SY8

18,854

Town centre distance

0.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.52 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £175,000

October 12, 2024

Floor Plans

Description

  • 2 Double Bedroom house +
  • Cul-de-sac location +
  • Driveway parking and enclosed rear garden +
  • Oak internal doors +
  • Modern Kitchen and Bathroom +
  • Upvc double glazing and gas central heating. +

This beautifully presented 2 double Bedroom house sits in a well-established residential cul-de-sac enjoying driveway parking to the frontage and an enclosed rear garden. Accommodation, very well presented and benefitting from gas-fired heating, upvc double glazing and oak internal doors includes Reception Hall with store cupboard, well- presented Kitchen, Lounge/ Dining Room, First Floor Landing with 2 Double Bedrooms and modern Bathroom. EPC rating C.

Canopied porch underneath which is the front door which opens into

Reception Hallway - with Oak doors. Understairs storage cupboard.

Kitchen - 2.68m x 2.53m (8'9" x 8'3") - having window to frontage, nicely fitted with a modern range of matching units with wood styled fronts, heat resistant work surfaces, tiled splashbacks. Integrated induction hob with extractor positioned above, electric double oven below. Stainless steel sink unit, integrated dishwasher, space and plumbing for washing machine, room for a freestanding fridge freezer. Also housed in the kitchen and wall mounted is the Ideal Gas-fired boiler which heats the domestic hot water and radiators and is integrated into one of the units.

Lounge / Dining Room - 4.56m x 3.69m (14'11" x 12'1") - has ample room for a three-piece suite and table and chairs. There are sliding double glazed doors to rear elevation and a feature fireplace with wooden surround.

First Floor Landing - having access to roof space with drop down ladder. Oak doors then lead off to

Linen Cupboard - with radiator and shelving.

Bedroom 1 - 3.70m x 2.66m (12'1" x 8'8") - having window to frontage. Across one wall are excellent wardrobe cupboards with hanging rail and shelves.

Bedroom 2 - 3.70m x 2.62m (12'1" x 8'7") - has window overlooking the rear garden.

Bathroom - 2.76m x 1.80m (9'0" x 5'10") - has a suite in white of pedestal wash handbasin, WC, panelled bath with shower screen, shower over and tiled splashbacks.

Outside - The property is approached onto a tarmacadam driveway which provides parking with low brick walls denoting the boundary with a couple of steps leading to the front door. The rear garden with the property is well presented and enclosed by high board fencing and mature hedging aiding privacy. There is a paved seating area at the back of the house, steps then lead up passing a gravelled section of garden with mature shrubs and in turn leads to a lawned garden again with shrubs. At the rear of the garden is gated access around the terrace of properties.

Services - mains electricity, mains water, mains drainage, mains gas. Gas fired heating to radiators. Windows are upvc double glazed. Approximate Broadband speeds 16-45 mbps.

Local Authority - Shropshire Council

Council Tax - Band A

Viewings - Contact the Ludlow Office on Tel: or Craven Arms Office

Or you can email us at or visit our web site at

For out of office enquires please phone Andrew Cadwallader on

Referrals - Samuel Wood routinely refers vendors and purchasers to providers of conveyancing and financial services. We may receive fees from them as declared in our Referral Fees Disclosure Form.

Agent Details

Samuel Wood, Ludlow

01584 708402

Next Steps?

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