Racecourse Crescent, Monkmoor, Shrewsbury, SY2
D

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 %
from 251,196.00 £
Est sale value
225,729.34 £
Increased by 28.81 %
from 175,246.74 £
Average area rental value
1,186.00 £/mo
Increased by 12.42 %
from 1,055.00 £/mo
Est letting value
721.18 £/mo
Unchanged by 0.00 %
from 721.18 £/mo
Est rental Yield
5.85 %
Increased by 16.07 %
from 5.04 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • D B Roberts & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Shrewsbury (S) Early Help Family HubChildren's Centre0.58 KM
Crowmoor Primary School And NurseryFoundation SchoolGood0.71 KM
The Martin Wilson SchoolFoundation SchoolGood1.00 KM
Severndale Specialist AcademyAcademy Special ConverterGood1.00 KM
Wilfred Owen School Cc Delivery PointChildren's Centre Linked Site1.01 KM

Images

Picture No. 01 Picture No. 07 Picture No. 12 Picture No. 10 Picture No. 02 Picture No. 05 Picture No. 08 Picture No. 09 Picture No. 06

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Shrewsbury4387SHR1.86 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
47 Racecourse Crescent £ 164,9950.07 KM
39 Racecourse Crescent £ 151,0000.08 KM
43 Racecourse Avenue £ 156,5000.09 KM
49 Racecourse Avenue £ 240,0000.09 KM
48 Racecourse Avenue £ 125,0000.11 KM