Racecourse Crescent, Monkmoor, Shrewsbury, SY2
By D B Roberts & Partners
£ 195,000
Reviews
2 out of 5 stars
D B Roberts & Partners says ..
Excellent Investment Opportunity! **SOLD AS SEEN** DB Roberts bring to market this well-sized three bedroom semi-detached house in need of modernisation this property offers the perfect investment opportunity! Walking through the front door you will be greeted wi...
Property Oracle says ..
This three-bedroom property in Racecourse Crescent, Monkmoor, Shrewsbury, presents a mixed bag for potential buyers. Its location offers convenience, with proximity to Shrewsbury town centre, retail parks, and several schools, including Crowmoor Primary School which has received a ‘Good’ Ofsted rating. The proximity to Shrewsbury train station also adds value. However, the property requires significant renovation. Images reveal several areas that need attention, including what looks like damp patches and dated/damaged fixtures. The kitchen and at least one bathroom would need complete refurbishment. The garden, while present, is overgrown and requires considerable landscaping. While the recently modernised bathroom is a plus, the overall condition of the property needs attention which brings down the potential value. The price, at £195,000, reflects these factors and seems acceptable considering the location, the need for renovation, and the limited plot size. Buyers should factor in the substantial costs of updating and modernising the property before committing to a purchase. A full structural survey is strongly recommended to assess any potential underlying issues.
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
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 721.18
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
- 225,729.34 £Increased by 28.81 %
- Average area rental value
- 1,186.00 £/moIncreased by 12.42 %
- Est letting value
- 721.18 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.85 %Increased by 16.07 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
D B Roberts & Partners created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Shrewsbury (S) Early Help Family Hub | Children's Centre | 0.58 KM | |
| Crowmoor Primary School And Nursery | Foundation School | Good | 0.71 KM |
| The Martin Wilson School | Foundation School | Good | 1.00 KM |
| Severndale Specialist Academy | Academy Special Converter | Good | 1.00 KM |
| Wilfred Owen School Cc Delivery Point | Children's Centre Linked Site | 1.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Judith Butts Lane | £ 0 | 0 | 0.00 KM |
| Talisman Drive | £ 0 | 0 | 0.00 KM |
| Milton Close | £ 0 | 0 | 0.00 KM |
| Abbots Way | £ 0 | 0 | 0.00 KM |
| Arden Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shrewsbury | 4387 | SHR | 1.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Racecourse Crescent, Monkmoor, Shrewsbury, SY2 | £ 195,000 | BUY | 5 / 10 | 0.00 KM |
| Racecourse Crescent, Monkmoor, Shrewsbury, SY2 5BW | £ 269,950 | BUY | 6 / 10 | 0.01 KM |
| The Chase, Racecourse Crescent, Monkmoor, Shrewsbury, SY2 5BX | £ 107,500 | BUY | Unknown | 0.09 KM |
| Racecourse Crescent, Monkmoor, Shrewsbury, SY2 5BX | £ 95,000 | BUY | 5 / 10 | 0.13 KM |
| Racecourse Crescent, Monkmoor, Shrewsbury. Shropshire, SY2 5BX | £ 85,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Racecourse Crescent | £ 164,995 | 0.07 KM |
| 39 Racecourse Crescent | £ 151,000 | 0.08 KM |
| 43 Racecourse Avenue | £ 156,500 | 0.09 KM |
| 49 Racecourse Avenue | £ 240,000 | 0.09 KM |
| 48 Racecourse Avenue | £ 125,000 | 0.11 KM |