2 Bed Semi-Detached House, Single Let, Ludlow, SY8 2LW, £200,000

13 Raglan Place, Ludlow, Shropshire, SY8 2LW - 5 months ago

Sold STC
BTL
58 m²
+5 photos

ValuationOvervalued

Sold Prices£100K - £450K
Sold Prices/m²£1.1K/m² - £5.7K/m²

 

 

Square Metres

58 m²
Price/m²£3.4K/m²

Value Estimate

£194,471

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£431 - £1,350

Rent Estimate

£472

Running Costs/mo

£739

Cashflow/mo

£-267

Cashflow/yr

£-3,209

Gross Yield

3%

Local Sold Prices

50 sold prices from £100K to £450K, average is £192.5K. £1.1K/m² to £5.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£230K08/230.85 mi1, Coles Meadow, Ludlow, Shropshire SY8 1JX2
£199.9K09/230.91 mi19, Steventon New Road, Ludlow, Shropshire SY8 1JZ2
£270K03/230.92 mi14, Greenacres, Ludlow, Shropshire SY8 1LU2
£230K01/240.99 mi13, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K04/210.99 mi3, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£236K09/230.99 mi7, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£100K09/210.99 mi9, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K06/230.99 mi21, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£330K03/231.01 mi1, Steventon Gardens, Ludlow, Shropshire SY8 1LF2
£172K01/241.01 mi101, Old Street, Ludlow, Shropshire SY8 1NU2
£130K01/211.01 mi125, Old Street, Ludlow, Shropshire SY8 1NU2
£146K03/211.01 mi101, Old Street, Ludlow, Shropshire SY8 1NU2
£425K04/211.01 mi44, Lower Broad Street, Ludlow, Shropshire SY8 1PH2
£370K11/211.02 mi2, Lower Broad Street, Ludlow, Shropshire SY8 1PQ2
£142K04/211.05 mi4, St Johns Road, Ludlow, Shropshire SY8 1PG2
£164K06/211.07 mi9, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£340K02/231.08 mi31, Lower Raven Lane, Ludlow, Shropshire SY8 1BL2
£177.5K02/231.09 mi6, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£190K04/211.11 mi10, Lower Raven Lane, Ludlow, Shropshire SY8 1BL2
£330K11/231.11 mi11, Beaconsfield Park, Ludlow, Shropshire SY8 4LY2
£160K12/211.12 mi29, Langford Close, Ludlow, Shropshire SY8 1UF2
£220K11/221.12 mi9, Langford Close, Ludlow, Shropshire SY8 1UF2
£200K03/211.12 miBranlea, Brand Lane, Ludlow, Shropshire SY8 1NN2
£450K10/211.13 mi37, Mill Street, Ludlow, Shropshire SY8 1BG2
£352K02/211.14 mi25, Bell Lane, Ludlow, Shropshire SY8 1BN2
£370K03/211.14 mi14, Bell Lane, Ludlow, Shropshire SY8 1BN2
£352K02/211.14 mi25, Bell Lane, Ludlow, Shropshire SY8 1BN2
£309K05/241.14 mi9, Camp Lane, Ludlow, Shropshire SY8 1EQ2
£125K11/201.14 mi17, Housman Crescent, Ludlow, Shropshire SY8 1SG2
£199.9K12/211.16 mi42, Old Street, Ludlow, Shropshire SY8 1NP2
£200K06/211.18 mi80, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£215.3K09/231.19 mi81, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£267.5K06/231.19 mi95, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£230K12/201.19 mi104, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£120K09/221.21 mi35, Rock Lane, Ludlow, Shropshire SY8 1ST2
£228K09/211.21 mi3, Pepper Lane, Ludlow, Shropshire SY8 1PX2
£195K07/211.21 mi1, Warrington Gardens, Ludlow, Shropshire SY8 1RP2
£103K10/231.24 mi23, Rock Lane, Ludlow, Shropshire SY8 1ST2
£177K11/231.29 mi120, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£190K11/211.29 mi53, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£173.5K08/231.3 mi26, Riddings Meadow, Ludlow, Shropshire SY8 1EW2
£135K03/231.33 mi16, The Wildings, Ludlow, Shropshire SY8 1EP2
£190K05/241.35 mi82, Vashon Close, Ludlow, Shropshire SY8 1XG2
£173K08/211.35 mi48, Vashon Close, Ludlow, Shropshire SY8 1XG2
£181K09/231.35 mi39, Vashon Close, Ludlow, Shropshire SY8 1XG2
£180K04/231.38 mi6, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£185K02/241.38 mi8, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£165K03/231.38 mi18, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£175K10/231.38 mi17, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£279.8K01/231.38 miManderley, Wheeler Road, Ludlow, Shropshire SY8 1JD2

Local Rents

44 rents from £431/mo to £1.4K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£95001/250.86 mi-3
£1,10002/251.05 mi-4
£90009/241.05 miCharlton Rise, Ludlow3
£57512/241.12 mi-1
£77505/241.12 mi-2
£77509/241.16 miParys Road, Ludlow, Shropshire3
£65009/241.16 miOld Street, Ludlow, Shropshire1
£89509/241.18 miLower Galdeford, Ludlow2
£65009/241.18 miThe Angel, Broad Street, Ludlow1
£44409/241.19 mi-2
£72509/241.19 miThe Angel, Broad Street, Ludlow1
£70009/241.19 miBroad Street, Ludlow, Shropshire2
£65009/241.19 miThe Angel, Broad Street, Ludlow1
£50102/251.2 mi-2
£99511/241.21 mi-3
£60010/241.22 mi-1
£70009/241.24 miThe Buttercross, Ludlow1
£80009/241.26 mi-2
£80009/241.26 mi-2
£43103/251.27 mi-1
£80012/241.28 mi-2
£80012/241.28 mi-2
£80009/241.3 mi-2
£80012/241.3 mi-2
£50004/241.3 mi-1
£70009/241.32 mi-2
£80009/241.32 mi-2
£1,20009/241.34 miGravel Hill, Ludlow3
£77511/241.35 mi-2
£1,10009/241.38 miBaker Close, Ludlow4
£1,10009/241.4 miBaker Close, Ludlow, Shropshire4
£77502/251.42 mi-1
£1,10009/241.44 miSt. Margaret Road, Ludlow4
£79509/241.46 miSt Margarets Road, Ludlow2
£79509/241.49 miSt Margaret Road, Ludlow, Shropshire2
£1,35009/241.54 miGravel Hill, Ludlow, Shropshire4
£90009/241.58 miBelle Vue Terrace, Ludlow, Shropshire3
£55011/241.66 mi-1
£59505/241.66 mi-1
£62502/251.79 mi-1
£62502/251.79 mi-1
£77512/241.85 mi-2
£77512/241.85 mi-2
£80009/241.9 miStanton Road, Ludlow2

Local Area Statistics

Population in SY8

18,854

Town centre distance

1.03 miles away

Nearest school

0.90 miles away

Nearest train station

1.39 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £200,000

November 7, 2024

Sold for £199,950

2022

Floor Plans

Description

  • Walking distance to Town +
  • 2 Bedrooms +
  • Kitchen / Dining Room +
  • EV Charger +

This well-presented home, located in a sought-after area on the outskirts of Ludlow, offers a welcoming and practical layout, ideal for modern living. Ludlow itself is a lively market town known for its independent shops, eateries, and popular food festivals. The town also provides a range of essential amenities, including supermarkets, a train station, a leisure centre, doctor’s surgeries, and a weekly market selling local produce.

As you step into the property, you are greeted by the living room, which is bright and spacious. This room is a comfortable space. A window to the front allows plenty of natural light to fill the room, creating a warm and inviting atmosphere.

From here, you move through to the kitchen/dining room, situated at the rear of the house. The kitchen is modern and well-equipped, offering plenty of space for cooking and dining. The dining area is positioned near the double doors, which open directly onto the garden, allowing for an easy flow between indoor and outdoor living. Off the kitchen, there is also a handy WC, adding extra convenience to the ground floor layout.

Moving upstairs, you arrive at the first-floor landing. To the right, you find the main bedroom, which is a well-proportioned space that offers plenty of room for a double bed and additional furniture. This room overlooks the back of the property, providing views of the garden.

Next to the main bedroom is the second bedroom, which can be used as a guest room, child’s room, or even a home office, depending on your needs. Both bedrooms share access to the family bathroom, which is modern and fitted with all the essentials, offering a clean and functional space for daily use.

Heading back downstairs and outside, the property features a garden that is mainly laid to lawn, offering a blank canvas for gardening enthusiasts or simply a low-maintenance outdoor space. There is also a patio area, perfect for setting up outdoor furniture for dining or lounging.

At the front, the property benefits from parking for two vehicles, along with an electric charging point, catering to those with electric or hybrid cars.

Agents Note: There is a cost for managing the, planted area around the carpark. (£177.32 annually, 2024)

Buyers Compliance Administration Fee: In accordance with The Money Laundering Regulations 2007, Agents are required to carry out due diligence on all Clients to confirm their identity, including eventual buyers of a property. The Agents use electronic verification system to verify Clients’ identity. This is not a credit check so will have no effect on credit history though may check details you supply against any particulars on any database to which they have access. By placing an offer on a property, you agree that if your offer is accepted, subject to contract, we as Agents for the seller can complete this check for a fee of £75.00 inc VAT (£62.50 plus VAT) per property transaction, non-refundable under any circumstance. A record of the search will be retained by the Agents.

All material information is readily available from the Agent or via the listing for this property on Rightmove or OnTheMarket.

Directions
From the Ludlow Nock Deighton office walk down Corve Street turning right towards Fishmore Road. At the mini-roundabout take the 1st exit onto Fishmore Road. Turn right at the next mini-roundabout and the property is located shortly after on the left-hand side.

Agent Details

Nock Deighton, Ludlow

01584 708403

Next Steps?

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