2 Bed Terraced House, Single Let, Ludlow, SY8 1ST, £120,000

Ludlow, Shropshire, SY8 1ST - 14 days ago

BTL
ROI: 1%
~68 m²
+5 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£145,200
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£444 - £895

Rent Estimate

£551

Running Costs/mo

£505

Cashflow/mo

£46

Cashflow/yr

£550

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £370K, average is £183K. £1.1K/m² to £5.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£103K10/230.07 mi23, Rock Lane, Ludlow, Shropshire SY8 1ST2
£173.5K08/230.11 mi26, Riddings Meadow, Ludlow, Shropshire SY8 1EW2
£120K09/220.12 mi35, Rock Lane, Ludlow, Shropshire SY8 1ST2
£125K11/200.13 mi17, Housman Crescent, Ludlow, Shropshire SY8 1SG2
£177K11/230.13 mi120, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£190K11/210.13 mi53, Dahn Drive, Ludlow, Shropshire SY8 1YG2
£135K03/230.15 mi16, The Wildings, Ludlow, Shropshire SY8 1EP2
£279.8K01/230.19 miManderley, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£180K04/230.21 mi6, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£185K02/240.21 mi8, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£165K03/230.21 mi18, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£175K10/230.21 mi17, Dahn Drive, Ludlow, Shropshire SY8 1XZ2
£190K05/240.22 mi82, Vashon Close, Ludlow, Shropshire SY8 1XG2
£173K08/210.22 mi48, Vashon Close, Ludlow, Shropshire SY8 1XG2
£181K09/230.22 mi39, Vashon Close, Ludlow, Shropshire SY8 1XG2
£330K03/230.24 mi1, Steventon Gardens, Ludlow, Shropshire SY8 1LF2
£150K04/210.24 mi9, Wheeler Close, Ludlow, Shropshire SY8 1GA2
£167.5K07/230.26 mi34, Wheeler Road, Ludlow, Shropshire SY8 1JD2
£230K01/240.27 mi13, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K04/210.27 mi3, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£236K09/230.27 mi7, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£100K09/210.27 mi9, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£175K06/230.27 mi21, Kennet Bank, Ludlow, Shropshire SY8 1LL2
£199.9K09/230.28 mi19, Steventon New Road, Ludlow, Shropshire SY8 1JZ2
£195K08/210.29 mi9, Clee View Close, Ludlow, Shropshire SY8 1TH2
£185K01/240.3 mi45, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£200K11/220.31 mi22, St Margaret Road, Ludlow, Shropshire SY8 1XN2
£220K11/220.32 mi9, Langford Close, Ludlow, Shropshire SY8 1UF2
£160K12/210.32 mi29, Langford Close, Ludlow, Shropshire SY8 1UF2
£164K06/210.33 mi9, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£207K09/230.33 mi24, Baker Close, Ludlow, Shropshire SY8 1XJ2
£187.5K08/210.33 mi17, Baker Close, Ludlow, Shropshire SY8 1XJ2
£175K11/230.33 mi19, Baker Close, Ludlow, Shropshire SY8 1XJ2
£230K08/230.36 mi1, Coles Meadow, Ludlow, Shropshire SY8 1JX2
£177.5K02/230.37 mi6, Honey Meadow, Ludlow, Shropshire SY8 1TG2
£270K03/230.4 mi14, Greenacres, Ludlow, Shropshire SY8 1LU2
£195K07/210.41 mi1, Warrington Gardens, Ludlow, Shropshire SY8 1RP2
£200K06/210.43 mi80, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£215.3K09/230.44 mi81, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£267.5K06/230.44 mi95, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£230K12/200.44 mi104, Lower Galdeford, Ludlow, Shropshire SY8 1RU2
£178K01/210.46 mi4, Henley Road, Ludlow, Shropshire SY8 1RA2
£172K01/240.48 mi101, Old Street, Ludlow, Shropshire SY8 1NU2
£130K01/210.48 mi125, Old Street, Ludlow, Shropshire SY8 1NU2
£146K03/210.48 mi101, Old Street, Ludlow, Shropshire SY8 1NU2
£370K07/230.48 miWheatlands, Henley Road, Ludlow, Shropshire SY8 1QZ2
£217.1K06/230.49 mi14, Hillside, Ludlow, Shropshire SY8 1RB2
£199.9K12/210.52 mi42, Old Street, Ludlow, Shropshire SY8 1NP2
£200K03/210.54 miBranlea, Brand Lane, Ludlow, Shropshire SY8 1NN2
£180K01/230.55 mi11, Chapel Row, Ludlow, Shropshire SY8 2NL2

Local Rents

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

RentDateDistanceAddressBeds 
£44409/240.03 mi-2
£50102/250.06 mi-2
£70009/240.14 mi-2
£80009/240.14 mi-2
£77511/240.21 mi-2
£79509/240.29 miSt Margarets Road, Ludlow2
£79509/240.32 miSt Margaret Road, Ludlow, Shropshire2
£89509/240.41 miLower Galdeford, Ludlow2
£80009/240.55 mi-2
£80012/240.55 mi-2
£70009/240.59 miBroad Street, Ludlow, Shropshire2

Local Area Statistics

Population in SY8

18,854

Town centre distance

0.36 miles away

Nearest school

0.30 miles away

Nearest train station

0.49 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £120,000

March 28, 2025

Floor Plans

Description

  • Modern townhouse +
  • Set across three floors +
  • Two bedrooms +
  • Family bathroom +
  • Open plan kitchen/living room/dining room +
  • Utility room +
  • Integral garage +
  • Parking +
  • Communal green space to the front +
  • Sold with tenants in situ +

Property Description

Located within 0.8 miles of Ludlow town centre, is this well presented two bedroom modern townhouse set across 3 floors over an open plan living space, utility room and integral garage and parking

Property Details

Chancellors are delighted to introduce this well presented two bedroom mid-terrace modern townhouse located within 0.7 miles of Ludlow town centre. Upon entering the property, you are welcomed into the entrance hall, which provides you access to a useful utility room and integral garage. The first floor includes the master bedroom and a guest bedroom, which are serviced by the family bathroom. The second floor offers an open plan living space with a fitted kitchen. Externally, the property offers parking to the rear and access to communal garden space to the front.

The property is currently being sold with the tenants in situ.

Agent Details

Chancellors, Leominster

01568 605234

Next Steps?

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