Sold STC Retirement Property

17 COLLEGE COURT

LUDLOW, SHROPSHIRE SY8 1BZ

2 beds 1 baths 55 m² Listed 1 Sep 2025 (-426d)

£105,000

Offers in Region of

Reduced on 8 Jan 2026

Save

ADP001.jpg ADP003.jpg ADP004.JPG ADP012.JPG ADP006.JPG ADP007.JPG ADP008.JPG ADP009.JPG ADP005.jpg ADP010.JPG ADP011.JPG ADP002.jpg

/ 12

Property details

Tenure

LEASEHOLD (60 years remaining on lease)

Floor area

55 m²

Council tax band

B

EPC rating

D

Last sold

£100,000 May 2026

Price per m²

£1,909/m²

Local average

£994,395 (-89.4%)

Deprivation

Decile 7 (21,157 of 33,755)

Street crime

89 incidents within 1 mile (Aug 2026)

Key features

  • Sought After 2 Bedroom Ground Floor Retirement Apartment
  • Well Presented Throughout
  • Living / Dining Room
  • Two Double Bedrooms, Generous Shower Room
  • Secluded Town Center Location
  • Communal Facilities & Communal Gardens
  • Exclusively for Residents Aged 55+
  • NO ONWARD CHAIN

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Parking
Yes
Garden
Yes
Flooded in last 5 years
No

Description

17 College Court is a charming ground-floor, two bedroom retirement apartment ideally positioned in the heart of Ludlow, just off Castle Square, right at the centre of this historic market town.

Ludlow is a picturesque medieval town known for its well-preserved historic architecture and vibrant cultural scene. It's set by the Rivers Teme and Corve, with Ludlow Castle and St Laurence’s Church occupying the highest points, adding to the town’s quintessential English charm.

Introduction - Step into effortlessly comfortable, low-maintenance living in this well presented two-bedroom retirement apartment, sitting in the heart of historic Ludlow. Designed for residents aged 55+, this leasehold property enjoys a tranquil yet convenient central location with no onward chain.

Property Description - The front door opens into a welcoming entrance hall, which leads directly into the bright and comfortable living room. A large front-facing window frames a charming view across the rooftops to the surrounding hills, while coving adds a touch of character. Double doors open into the kitchen, which is fitted with a range of matching units with wood-style fronts, heat-resistant work surfaces, tiled splashbacks, and a stainless-steel sink unit. There is thoughtfully planned space for a cooker, fridge, and washing machine.

An inner hallway provides access to the airing cupboard, which houses the hot water cylinder and useful shelving for storage.

The main bedroom overlooks the communal garden and benefits from a full wall of fitted wardrobes with hanging rails and extensive shelving. The second bedroom benefits from a window to the front with further rooftop views and includes its own fitted wardrobe cupboard.

The shower room is well appointed with a modern white suite comprising wash basin, a shower cubicle, and W.C. with electric shower. Tiled splashbacks and a handy shelved alcove complete the space.

Gardens And Grounds - The apartment complex is set within attractive communal gardens, providing residents with peaceful outdoor spaces to relax and enjoy. An on-site property manager is available, offering additional reassurance and support. Parking is conveniently arranged through the local authority, with residents able to apply for a Red Zone permit, giving central Ludlow parking at a cost of around £100 per year.

Location - College Court enjoys a prime position in the heart of Ludlow’s vibrant town centre, with views towards the historic Castle. Ludlow is a highly sought-after market town, celebrated for its independent shops, cafés, and regular open-air markets, alongside its renowned food festivals and lively calendar of events. The town is well connected, with excellent road links to neighbouring towns as well as regular bus and train services. For a wider choice of shopping, leisure, and entertainment, Hereford lies approximately 24 miles away and offers an extensive selection of national retailers and facilities.

Services - We understand the property has mains electricity, mains water and mains drainage connected. Electric heating only, windows are double glazed.

Broadband Speeds - Estimated Speeds - Basic: 17 Mbps | Superfast: 80 Mbp | Ultrafast: 1000 Mbps

Local Authority - Shropshire Council
Council Tax Band: B

Tenure - We understand the property is leasehold, with the lease originally granted in 1986 for a term of 99 years. The current ground rent is £96 per annum, and the service charge for the 2023/24 period was £2,444.53. Managed by First Port, this covers management services, communal maintenance, building insurance, and the emergency call system.

Identification Check - In accordance with The Money Laundering Regulations 2007, Cobb Amos are required to carry out customer due diligence checks by identifying the customer and verifying the customer’s identity on the basis of documents, data or information obtained from a reliable and independent source. At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £24 Inc. VAT per purchaser, in order for us to carry out our due diligence.

Viewing Arrangements - Viewings arranged by appointment, please contact Cobb Amos Ludlow on Tel:
Email:

Listed by

Ludlow

Martin-Saunders Property Services Ltd

Reference: 166448756

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 16/01/2024

Expiry date: 15/01/2034

Current heating cost: £945/year

Potential heating cost: £593/year

Est. upgrade cost to C: £6,533

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Add additional 80 mm jacket to hot water cylinder (£15 - £30)
  • Low energy lighting for all fixed outlets (£10)
  • High heat retention storage heaters and dual immersion cylinder (£1,200 - £1,800)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~4,733 m² (1.17 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floor Plan.jpg

Floor Plan.jpg

EPC Graphs

EPC Capture.JPG

EPC Capture.JPG

Price history

Event Date Price % change
Sold 14/05/2026 (5 months ago) £100,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
GROOMS COTTAGE RAVEN LANE, LUDLOW, SHROPSHIRE, SY8 1BW £250,000 15/07/2025 Other
3 MARKET STREET, LUDLOW, SHROPSHIRE, SY8 1BP £371,700 04/02/2025 Other
14A - 14F CASTLE STREET, LUDLOW, SHROPSHIRE, SY8 1AT £975,000 13/11/2023 Other
Same street 8 COLLEGE COURT, LUDLOW, SHROPSHIRE, SY8 1BZ £105,000 04/10/2023 Flat
6A THE ANGEL, LUDLOW, SHROPSHIRE, SY8 1LT £770,000 25/07/2023 Other
4 QUALITY SQUARE, LUDLOW, SHROPSHIRE, SY8 1AR £287,500 31/01/2023 Other
Same street 21 COLLEGE COURT, LUDLOW, SHROPSHIRE, SY8 1BZ £145,000 25/01/2023 Flat
9 CASTLE STREET, LUDLOW, SHROPSHIRE, SY8 1AS £10,000 22/12/2022 Other
Same street 10 COLLEGE COURT, LUDLOW, SHROPSHIRE, SY8 1BZ £105,000 13/12/2022 Flat
Same street 11 COLLEGE COURT, LUDLOW, SHROPSHIRE, SY8 1BZ £140,000 26/10/2022 Flat
Same street 5 COLLEGE COURT, LUDLOW, SHROPSHIRE, SY8 1BZ £155,000 18/05/2022 Flat
Same street 3 COLLEGE COURT, LUDLOW, SHROPSHIRE, SY8 1BZ £150,000 11/03/2022 Flat
48 MILL STREET, LUDLOW, SHROPSHIRE, SY8 1BB £2,280,000 31/01/2022 Other
2 CASTLE STREET, LUDLOW, SHROPSHIRE, SY8 1AT £375,000 14/01/2022 Other
PARISH OFFICE, 2 COLLEGE STREET, LUDLOW, SHROPSHIRE, SY8 1AN £55,000 17/12/2021 Other

Street average: £133,333 (6 sales)

Area average: £597,133 (9 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -62.9%
10y growth 0.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Shropshire. Series: All dwelling types. As of July 2026.

1y (index) -1.3%
5y (index) 16.5%
10y (index) 42.5%

Rental Range

Estimated market rent for Shropshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £745/mo
Realistic £828/mo
Optimistic £911/mo

Based on Local Authority from postcode lookup → Shropshire.

LHA (30th percentile) floor for Shropshire: £593/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Lanka vintage 0.0 miles
Shop Draycott & Charles 0.0 miles
Bus stop Ludlow Mill Street 0.1 miles
Bus stop Ludlow Corve Street 0.1 miles
Train station Ludlow 0.3 miles
Hospital Ludlow Hospital 0.5 miles
Train station Craven Arms 7.1 miles
Hospital Leominster Community Hospital 10.1 miles

Street-level crime

Category Count
Violence and sexual offences 34
Anti-social behaviour 16
Shoplifting 13
Burglary 5
Criminal damage and arson 5
Public order 5
Drugs 3
Other theft 3
Bicycle theft 1
Other crime 1
Possession of weapons 1
Robbery 1
Vehicle crime 1
Total incidents 89

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Laurence CofE Primary School Primary 0.3 miles Good — 24 Apr 2024
Ludlow Church of England School Secondary 0.7 miles Good — 12 May 2020
Ludlow Primary School Primary 0.9 miles Good — 4 Mar 2024
Overton School Other 1.9 miles Good — 11 Oct 2022
Moor Park School Other 2.1 miles — (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, College Court, SY8 £820/mo 2 0.02 miles OpenRent
2 Bed Terraced House, Maple Close, SY8 £825/mo 2 0.83 miles OpenRent

Average rent: £823/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 7.7% gross yield avg £128,571 sale, £820/mo rent
Rent ratio 0.78%
Max investor price (0.8%) £102,875
Target investor price (1%) £82,300
Gross yield 9.4%
Cost-to-rent ratio 10.6×
Monthly cashflow £302/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 11.9%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).