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 %
- Est sale value
- 244,140.00 £Increased by 28.81 %
- Average area rental value
- 1,186.00 £/moIncreased by 12.42 %
- Est letting value
- 780.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.85 %Increased by 16.07 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Zaza Johnson & Bath created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Shrewsbury (S) Early Help Family Hub | Children's Centre | 0.45 KM | |
| Crowmoor Primary School And Nursery | Foundation School | Good | 0.58 KM |
| Wilfred Owen School Cc Delivery Point | Children's Centre Linked Site | 0.94 KM | |
| Severndale Specialist Academy | Academy Special Converter | Good | 0.94 KM |
| The Wilfred Owen School | Academy Converter | 1.05 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Talisman Drive | £ 0 | 0 | 0.00 KM |
| Judith Butts Lane | £ 0 | 0 | 0.00 KM |
| Abbots Way | £ 0 | 0 | 0.00 KM |
| Abbots Close | £ 0 | 0 | 0.00 KM |
| Arden Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shrewsbury | 4387 | SHR | 1.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Chase, Racecourse Crescent, Shrewsbury, SY2 5BX | £ 87,500 | BUY | 5 / 10 | 0.00 KM |
| Racecourse Crescent, Monkmoor, Shrewsbury, SY2 5BX | £ 95,000 | BUY | 5 / 10 | 0.00 KM |
| Racecourse Crescent, Monkmoor, Shrewsbury. Shropshire, SY2 5BX | £ 85,000 | BUY | 6 / 10 | 0.00 KM |
| The Chase, Racecourse Crescent, Monkmoor, Shrewsbury, SY2 5BX | £ 107,500 | BUY | Unknown | 0.07 KM |
| Racecourse Crescent, Monkmoor, Shrewsbury, SY2 | £ 195,000 | BUY | 5 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Racecourse Crescent | £ 130,000 | 0.15 KM |
| 2 Racecourse Crescent | £ 163,000 | 0.15 KM |
| 20 Racecourse Crescent | £ 187,500 | 0.16 KM |
| 48 Racecourse Avenue | £ 125,000 | 0.18 KM |
| 43 Racecourse Avenue | £ 156,500 | 0.18 KM |