3 Bed House, Refurb/BRRR, SY7 9AS £375,000

37 Upper Walton, SY7 9AS - 8 months ago
Under Offer
Refurb/BRRR
77 m²
Property image

ValuationOvervalued

Sold Prices£90K - £615K
Sold Prices/m²£1K/m² - £3.9K/m²

 

 

Square Metres

77 m²
Price/m²£4.9K/m²

Value Estimate

£123,250

 

 

End Value (After Refurb)

£285,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Refurb Costs

£31,131

Bridging Loan Interest

£9,844

Total Cash In

£162,675

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£285,000

Mortgage (After Refinance)

£213,750

Mortgage LTV

75%

Cash Left In

£162,675

Equity

£71,250

Rent Range

£620 - £900

Rent Estimate

£400

Running Costs/mo

£991

Cashflow/mo

£-591

Cashflow/yr

£-7,087

Gross Yield

1%

Local Sold Prices

17 sold prices from £90K to £615K, average is £275K. £1K/m² to £3.9K/m², average is £1.8K/m².

Price
Date
Distance
Address
Beds
 
£275K05/251.85 mi8, Corve View, Stud Farm Junction To Sparchford, Ludlow SY8 2DD3
£275K05/251.85 mi8, Corve View, Stud Farm Junction To Sparchford, Ludlow SY8 2DD3
£300K11/222.05 mi1, Seifton Lane, Seifton, Ludlow, Shropshire SY8 2DG3
£425K06/212.49 miVale View, Green Lane, Onibury, Craven Arms, Shropshire SY7 9BL3
£390K10/242.72 miThe Bull Ring, Stone Cottage, Haytons Bent SY8 2AX3
£208.5K03/242.74 miThe Old Dairy, Newton Street, Craven Arms, Shropshire SY7 9PQ3
£615K12/222.74 miStone Cottage, Bull Ring, Haytons Bent, Ludlow, Shropshire SY8 2AX3
£280K12/212.75 mi2, Dodds Lane, Craven Arms, Shropshire SY7 9QN3
£208.5K03/242.76 miThe Old Dairy, Newton Street, Craven Arms SY7 9PQ3
£90K02/222.78 mi4, Dale Street, Craven Arms, Shropshire SY7 9NY3
£215K12/222.78 mi6, Market Street, Craven Arms, Shropshire SY7 9NW3
£162.5K08/232.9 mi15, Onnybrook Drive, Craven Arms, Shropshire SY7 9PP3
£275.5K03/252.96 miDove Cottage, Dinchope Farm Junction To Halford Farm Junction, Craven Arms SY7 9JG3
£275.5K03/252.96 miDove Cottage, Dinchope Farm Junction To Halford Farm Junction, Craven Arms SY7 9JG3
£195K08/252.97 mi8, Whitemeadow Close, Craven Arms SY7 9QP3
£106.7K04/242.98 mi6, Whitemeadow Close, Craven Arms SY7 9QP3
£106.7K04/242.98 mi6, Whitemeadow Close, Craven Arms SY7 9QP3

Local Rents

4 rents from £620/mo to £900/mo, average is £838/mo.

Rent
Date
Distance
Address
Beds
 
£62008/251.97 miWhitty Tree, Onibury, Craven Arms3
£90007/252.08 miBromfield, Ludlow, Shropshire2
£85010/252.08 miBromfield, Ludlow, Shropshire2
£82508/252.31 miWhettleton, Craven Arms, Shropshire2

Local Area Statistics

Population in SY7

11,160

Nearest school

1.10 miles away

Nearest train station

3.02 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £375,000

March 5, 2025

Floor Plans

Property image

Description

  • Character Property +
  • Stunning Views +
  • Near Shropshire Hills AONB +
  • Sought-After Location +
  • Ideal for Conversion / Extension +
  • Large Garden & Paddock +
  • Outbuildings +
  • EPC: G +

Situation: 37 Upper Walton enjoys an attractive rural setting surrounded by stunning countryside overlooking the Shropshire Hills/ Area of Outstanding Natural Beauty. The renowned Corvedale provides a fantastic opportunity for a high standard of living, offering great riding and many fine walks.

37 Upper Walton is a charming character property with outbuildings in need of complete renovation / extension with stunning views towards The Corvedale, large gardens and a paddock set within approx. 0.8 Acre (0.32ha).

The accommodation is set out over two floors and comprises a front hallway area, a family bathroom, kitchen / dining room with a log burner and a living room with log burner.

On the first floor there are two / three bedrooms. The property is ideal for conversion / extension subject to the necessary planning consents.

Outside there is off-road parking and large private gardens with various outbuildings and a paddock ideal for grazing or replanting. In total approx. 0.8 acre (0.32ha). A truly unique opportunity.

General
Services: Mains electricity, and water. Solid fuel heating. Private drainage.

Council Tax: Band D

Postcode: SY7 9AS

Local Authority: Shropshire Council )

Broadband Speed: Our research has indicated that superfast broadband is available at this property. Please conduct your own research to ensure the speeds meet your requirements.

Flood Risk: Surface water, rivers and the sea: Very low risk

Fixtures and Fittings: Whilst all attempts have been made to accurately describe the property in regard to fixtures and fittings, a comprehensive list will be made available by the seller’s solicitors.

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

Please Note: There is a right of way for the adjoining property, along the track on the eastern boundary of the property. The vendor is unable to confirm if the septic tank meets the General Binding Rules.

Directions: From Ludlow, proceed in a northerly direction along the A49. After approximately one mile, turn right on the B4356, towards Much Wenlock. After approximately 500m, turn left towards Ludlow Golf Club. Immediately before the club house, turn right towards Upper Walton. After approximately two miles take the left- hand turn towards Walton. No. 37 is located on the left-hand side after approximately 100m.

Agent Details

Balfours LLP, Ludlow

01584 708419

Next Steps?

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