# 2 bedroom retirement property for sale (SY8 1BZ) ## Property Details | Key | Value | |-----|-------| | Address | 17 COLLEGE COURT, LUDLOW, SHROPSHIRE SY8 1BZ | | Price | £105,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Last sold | £100,000 May 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 15/01/2034 - **Current heating cost:** £945/year - **Est. upgrade cost to C:** £6,533 ### Recommendations - W2 (£4,000 - £6,000) - C (£15 - £30) - E (£10) - L2 (£1,200 - £1,800) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6334-4829-6300-0656-3292) ## 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: ## Property Photos - ![ADP001.jpg](/listings/photos/166448756/2169502) - ADP001.jpg - ![ADP003.jpg](/listings/photos/166448756/2169503) - ADP003.jpg - ![ADP004.JPG](/listings/photos/166448756/2169504) - ADP004.JPG - ![ADP012.JPG](/listings/photos/166448756/2169505) - ADP012.JPG - ![ADP006.JPG](/listings/photos/166448756/2169506) - ADP006.JPG - ![ADP007.JPG](/listings/photos/166448756/2169507) - ADP007.JPG - ![ADP008.JPG](/listings/photos/166448756/2169508) - ADP008.JPG - ![ADP009.JPG](/listings/photos/166448756/2169509) - ADP009.JPG - ![ADP005.jpg](/listings/photos/166448756/2169510) - ADP005.jpg - ![ADP010.JPG](/listings/photos/166448756/2169511) - ADP010.JPG - ![ADP011.JPG](/listings/photos/166448756/2169512) - ADP011.JPG - ![ADP002.jpg](/listings/photos/166448756/2169513) - ADP002.jpg ## Floorplans - ![Floor Plan.jpg](/listings/photos/166448756/2169514) - Floor Plan.jpg ## EPC Graphs - ![EPC Capture.JPG](/listings/photos/166448756/2169515) - EPC Capture.JPG ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 17 COLLEGE COURT, LUDLOW, SHROPSHIRE, SY8 1BZ | £100,000 | 14/05/2026 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £994,395 (8 Other, SY8, 2024–2026) - **Deviation:** -89.4% ## Rental Range *ONS Price Index of Private Rents (Shropshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £745/mo - **Realistic:** £828/mo - **Optimistic:** £911/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Shropshire (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £593/mo ## 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)** ## 1% Rule - **Rent ratio:** 0.78% (weak for cashflow) - **Max investor price (0.8%):** £102,875 - **Target investor price (1%):** £82,300 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £823/mo).* - **Gross yield:** 9.4% - **Cost-to-rent:** 10.6× - **Monthly cashflow:** £302/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 11.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £1,909/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -62.9% - **10y growth:** 0.5% ## House Price Index (HM Land Registry) *Official index for Shropshire; All dwelling types series; as of July 2026.* - **1y growth (index):** -1.3% - **5y growth (index):** 16.5% - **10y growth (index):** 42.5% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)