The Chase, Racecourse Crescent, Shrewsbury, SY2 5BX
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The Chase, Racecourse Crescent, Shrewsbury, SY2 5BX

By Zaza Johnson & Bath

£ 87,500

Reviews

2 out of 5 stars

Zaza Johnson & Bath says ..

A two bedroom terraced home positioned within a beautiful Grade II listed building. Perfect for first time buyers looking to get onto the property ladder, the spacious accommodation includes, Entrance Hall, Large Living Room, Dining Room, Kitchen, Bathroom, First Floor has two Bedrooms and WC, Re...

Property Oracle says ..

This 2-bedroom property in Shrewsbury offers a potentially attractive investment opportunity, but requires careful consideration. The location in Shrewsbury is a significant positive, offering access to amenities and transport links. The closeness to schools is also a factor, assuming those schools are well-regarded. However, the property’s condition is below average. While structurally sound, significant renovations and cosmetic work are needed. The communal green space is a bonus, but the lack of a private garden may limit its appeal to some buyers. The price is within range for the area however more information on similar property sales is needed to confidently assess the value. Ultimately, a prospective buyer should factor in the costs associated with property improvements before making an offer. The potential return on investment after renovations is dependent on the cost and time spent and the subsequent sale price achieved. Overall, this property is suitable for investors or those wanting a DIY project. Buyers looking for a ‘move-in-ready’ property will need to search further, whilst buyers willing to invest in renovation will likely find the price competitive given the location. The limited data prevents a full analysis of value and the property is rated based on the provided information alone.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
780.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
243,278.00 £
Decreased by 3.15 %
from 251,196.00 £
Est sale value
244,140.00 £
Increased by 28.81 %
from 189,540.00 £
Average area rental value
1,186.00 £/mo
Increased by 12.42 %
from 1,055.00 £/mo
Est letting value
780.00 £/mo
Unchanged by 0.00 %
from 780.00 £/mo
Est rental Yield
5.85 %
Increased by 16.07 %
from 5.04 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Zaza Johnson & Bath created the listing.

Nearby Schools

NameTypeOfstedDistance
Shrewsbury (S) Early Help Family HubChildren's Centre0.45 KM
Crowmoor Primary School And NurseryFoundation SchoolGood0.58 KM
Wilfred Owen School Cc Delivery PointChildren's Centre Linked Site0.94 KM
Severndale Specialist AcademyAcademy Special ConverterGood0.94 KM
The Wilfred Owen SchoolAcademy Converter1.05 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Talisman Drive £ 000.00 KM
Judith Butts Lane £ 000.00 KM
Abbots Way £ 000.00 KM
Abbots Close £ 000.00 KM
Arden Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Shrewsbury4387SHR1.98 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
15 Racecourse Crescent £ 130,0000.15 KM
2 Racecourse Crescent £ 163,0000.15 KM
20 Racecourse Crescent £ 187,5000.16 KM
48 Racecourse Avenue £ 125,0000.18 KM
43 Racecourse Avenue £ 156,5000.18 KM