2 Bed Flat, Single Let, Ludlow, SY8 2PJ, £172,500

Kiln Court, Fishmore Road, Ludlow, Shropshire, SY8 2PJ - a month ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£96K - £280K
Sold Prices/m²£1.5K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£168,102

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,125

Stamp Duty & Legal Fees

£9,825

Total Cash In

£52,950

 

 

Cash Out

 

Rent Range

£700 - £895

Rent Estimate

£778

Running Costs/mo

£715

Cashflow/mo

£63

Cashflow/yr

£760

ROI

1%

Gross Yield

5%

Local Sold Prices

20 sold prices from £96K to £280K, average is £145K. £1.5K/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£160K09/230.06 mi61, Raglan Place, Ludlow, Shropshire SY8 2LW2
£108K05/230.44 miFlat 25, Burgess Court, Gravel Hill, Ludlow, Shropshire SY8 1QW2
£142K10/230.44 miFlat 45, Burgess Court, Gravel Hill, Ludlow, Shropshire SY8 1QW2
£127.5K03/230.44 miFlat 26, Burgess Court, Gravel Hill, Ludlow, Shropshire SY8 1QW2
£115K11/220.44 miFlat 48, Burgess Court, Gravel Hill, Ludlow, Shropshire SY8 1QW2
£145K03/230.44 miFlat 1, Burgess Court, Gravel Hill, Ludlow, Shropshire SY8 1QW2
£150K08/220.45 miFlat 38, Burgess Court, Gravel Hill, Ludlow, Shropshire SY8 1QW2
£155K05/220.52 mi5, College Court, Ludlow, Shropshire SY8 1BZ2
£170K07/230.52 mi9, College Court, Ludlow, Shropshire SY8 1BZ2
£145K01/230.52 mi21, College Court, Ludlow, Shropshire SY8 1BZ2
£105K10/230.52 mi8, College Court, Ludlow, Shropshire SY8 1BZ2
£145K02/230.52 mi11, College Court, Ludlow, Shropshire SY8 1BZ2
£164K01/230.52 mi4a, Tower Street, Ludlow, Shropshire SY8 1RL2
£105K12/220.52 mi10, College Court, Ludlow, Shropshire SY8 1BZ2
£142.5K04/210.6 mi10a, Broad Street, Ludlow, Shropshire SY8 1NG2
£195K09/230.61 mi41, Friars Garden, Ludlow, Shropshire SY8 1RX2
£177.5K06/220.63 mi6, Friars Garden, Ludlow, Shropshire SY8 1RX2
£230.5K07/220.65 mi29, Townsend Close, Ludlow, Shropshire SY8 1UN2
£280K10/220.65 mi31, Townsend Close, Ludlow, Shropshire SY8 1UN2
£96K09/210.65 mi4, Townsend Close, Ludlow, Shropshire SY8 1UN2

Local Rents

11 rents from £700/mo to £895/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80009/240.34 miStanton Road, Ludlow2
£77512/240.37 mi-2
£77512/240.37 mi-2
£80009/240.46 mi-2
£80012/240.46 mi-2
£80012/240.52 mi-2
£80012/240.52 mi-2
£80009/240.54 mi-2
£80009/240.54 mi-2
£89509/240.56 miLower Galdeford, Ludlow2
£70009/240.58 miBroad Street, Ludlow, Shropshire2

Local Area Statistics

Population in SY8

18,854

Town centre distance

0.71 miles away

Nearest school

0.40 miles away

Nearest train station

0.35 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £172,500

March 12, 2025

Floor Plans

Description

A stunning Two Bedroom First Floor Apartment with allocated Parking within half a mile of Ludlow's historic centre.

Agent Details

McCartneys LLP, Ludlow

01584 708413

Next Steps?

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